USAID Kosovo Compete Activity, together with the Kosovo Manufacturing Club and the American Chamber of Commerce, organized a roundtable and panel discussion on Enterprise Management Change through Corporate Governance.

The purpose of this roundtable was to promote organizational change and advancement of enterprises through the application of corporate governance principles and instruments in the sector of food and wood, and Information and Communication Technology (ICT) industries.

During his speech, Astrit Panxha, executive director of the Kosovo Manufacturing Club, said that in recent years, there have been major changes in the structuring of local companies and their management. “In our country, about 90% of companies are family businesses, but there are many companies which do not have the executive director as part of the family, and the same is not the owner of the company. But what now is seen as a challenge is human capital, while in the past there were problems with financial capital, human capital is the next challenge, where the biggest problem is in finding skilled workers. The lack of qualified people makes it difficult to move from a family-run company to a structured leadership company. That is why companies should see investing in training as the main component for their development.” – he said.