Year 2015, Issue 1
Date published3.6.2015
Table of content
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Kamen Kamenov
THE SYSTEMJEL: M10Keywords: systems thinking, systems analysis, insightfulness, creativity, co-active envi-ronment, expectation, behaviourSummary: This article reviews the philosophy of systems thinking and insightfulness as success factors. It also analyses and describes the characteristics of systems in which people are involved. Furthermore, it suggests ideas for... This article reviews the philosophy of systems thinking and insightfulness as success factors. It also analyses and describes the characteristics of systems in which people are involved. Furthermore, it suggests ideas for establishing the relationship which binds systems thinking to systems analysis and insightfulness and results achieved in the course of time. The importance of co-active environment for achieving efficient end results is determined, the focus being on establishing corresponding projective behaviour. The advantages and disadvantages of ‘life’ within a system have been identified. Finally, the conclusion has been made that a system creates a sense of security and sets the pace of activities, which are a substantial advantage as opposed to the lack of clearly set obligations and mode of behaviour. -
Kristiyan Hadzhiev
INSTRUMENTS FOR ANALYSIS OF THE EXTERNAL ÅNVIRONMENT THROUGH THE PRISM OF SELF-MANAGED WORK TEAMSKeywords: self-managed work teams, team based structures, organizational functionning, elements of organizational design, competitive environment factorsSummary: The article studies the specific characteristics of the external environment because they create actual possibilities for the introduction of self-management in the functioning of work teams in the Bulgarian organizational practice.... The article studies the specific characteristics of the external environment because they create actual possibilities for the introduction of self-management in the functioning of work teams in the Bulgarian organizational practice. An emphasis is put on the organizational context within which self-managed work teams (SMWT) function. The study also identifies the key instruments integrated in the model of analyzing the external environment in the process of transforming traditional work structures into self-managed ones. The article outlines the effects of the direct and indirect environment factors on the various dimensions of SMWT, namely structural characteristics, work and interpersonal processes, etc. The author supports the idea that the sustainable development of the SMWT-concept and the creation of added value for organizations require adequate monitoring of the competitive environment factors (specific micro-environment) and the common environment. This is one of the paradigms of modern management. Changes in the external environment affect the internal integration of the system and vice versa – the damaged internal processes limit the organization’s potential for adapting to the environment. -
Ivanka Daneva
THE ROLE OF VOLUNTARY PENSION INSURANCE IN CORPORATE GOVERNANCEKeywords: voluntary pension insurance, corporate governance, pension, replacement rate. defined contributions, pension funds, pension insurance companies, taxationSummary: The model of corporate governance of human capital in contemporary business organisations is essential for applying the concept of corporate social responsibil-ity, of which supplementary voluntary pension insurance for employees... The model of corporate governance of human capital in contemporary business organisations is essential for applying the concept of corporate social responsibil-ity, of which supplementary voluntary pension insurance for employees with contributions made by employers is an important element. Supplementary voluntary pension insurance is fully funded and is a way to diversify sources of pension income. Insurance in voluntary pension funds has a marked potential not only to raise the gross replacement rate, but also as an element of the general model for corporate governance of human resources in any company regardless of its core business, yet this potential has not been fully exploited so far. In order to employ it as a factor increasing personnel motivation and to increase its efficiency, a number of prerequisites and specific actions are required. -
Daniela Todorova
THE ROLE OF CONCESSIONS IN TRANSPORT INFRASTRUCTURE DEVELOPMENTSummary: In an economic and financial crisis the concession as a business model enables the development and modernization of public state-owned entities. Transport infrastructure in Bulgaria, which is public state-owned, has its important... In an economic and financial crisis the concession as a business model enables the development and modernization of public state-owned entities. Transport infrastructure in Bulgaria, which is public state-owned, has its important economic and social role. Its status and prospects for development underlie the demand for transport services. The transport infrastructure modernization can be financed depending on the country’s economic development. The limitations imposed on central financing, aiming at transport infrastructure improvement, bring forward the concession as an alternative opportunity for improving transport service quality. The present article examines the role of concessions in transport infrastructure development, determining the economic and social benefits stemming from infrastructure projects’ concessions. Concession is regarded as a successful business formula, combining low risk levels, quality and stringent control over the object of concession. -
Mihal Stoyanov
CHARACTERISTIC FEATURES OF LOW-COST AIRLINES AND THEIR DEVELOPMENT IN EUROPESummary: Air passenger transport is essential for society and economy. This article examines the development of the low-cost carriers market in Europe and the specific characteristics of low-cost airlines, which distinguish these airline... Air passenger transport is essential for society and economy. This article examines the development of the low-cost carriers market in Europe and the specific characteristics of low-cost airlines, which distinguish these airline operators from the other participants in the aviation market. It also analyzes the serious expansion of this market segment in Europe for the period 2005-2013 and formulates recommendations for possible improvement of the business strategy of low-cost airlines.