KNOWLEDGE-BASED LEADERSHIP AS A KEY FACTOR IN BUSINESS SUCCESS – CASE STUDY OF MONTENEGRO

In the contemporary globalized environment, effective leadership becomes a crucial factor for managing change and achieving sustainable business success. Leaders, through their knowledge, skills, and ability to manage knowledge, have a key role in shaping organizations that successfully adapt to dy...

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Main Authors: Gordana Nikčević, Đorđije Pavićević
Format: Article
Language:English
Published: Editura Universitatii Agora 2025-06-01
Series:Agora International Journal of Economical Sciences
Online Access:https://univagora.ro/jour/index.php/aijes/article/view/7156
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author Gordana Nikčević
Đorđije Pavićević
author_facet Gordana Nikčević
Đorđije Pavićević
author_sort Gordana Nikčević
collection DOAJ
description In the contemporary globalized environment, effective leadership becomes a crucial factor for managing change and achieving sustainable business success. Leaders, through their knowledge, skills, and ability to manage knowledge, have a key role in shaping organizations that successfully adapt to dynamic market conditions. Continuous learning and application of knowledge enable leaders to respond to complex challenges of modern business. The aim of this research is to examine how leading principles, observed through knowledge management, influence the education of leaders in Montenegro and their readiness to face global challenges, as well as their contribution to achieving business success. The results indicate that leaders in Montenegro possess significant developmental potential, but also that, in addition, there is room for improvement, especially in the areas of leadership styles, knowledge sharing, readiness to take risks, and digital transformation. As directions for improvement, the need for adapting leadership to specific situations, greater openness and transparency, encouraging innovative thinking, development of multicultural competencies, and focus on international cooperation stand out.
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issn 2067-3310
2067-7669
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publisher Editura Universitatii Agora
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series Agora International Journal of Economical Sciences
spelling doaj-art-b4fee6cff9194d06a05244942fc0d3d42025-08-20T02:42:41ZengEditura Universitatii AgoraAgora International Journal of Economical Sciences2067-33102067-76692025-06-0119110.15837/aijes.v19i1.7156KNOWLEDGE-BASED LEADERSHIP AS A KEY FACTOR IN BUSINESS SUCCESS – CASE STUDY OF MONTENEGROGordana NikčevićĐorđije Pavićević In the contemporary globalized environment, effective leadership becomes a crucial factor for managing change and achieving sustainable business success. Leaders, through their knowledge, skills, and ability to manage knowledge, have a key role in shaping organizations that successfully adapt to dynamic market conditions. Continuous learning and application of knowledge enable leaders to respond to complex challenges of modern business. The aim of this research is to examine how leading principles, observed through knowledge management, influence the education of leaders in Montenegro and their readiness to face global challenges, as well as their contribution to achieving business success. The results indicate that leaders in Montenegro possess significant developmental potential, but also that, in addition, there is room for improvement, especially in the areas of leadership styles, knowledge sharing, readiness to take risks, and digital transformation. As directions for improvement, the need for adapting leadership to specific situations, greater openness and transparency, encouraging innovative thinking, development of multicultural competencies, and focus on international cooperation stand out. https://univagora.ro/jour/index.php/aijes/article/view/7156
spellingShingle Gordana Nikčević
Đorđije Pavićević
KNOWLEDGE-BASED LEADERSHIP AS A KEY FACTOR IN BUSINESS SUCCESS – CASE STUDY OF MONTENEGRO
Agora International Journal of Economical Sciences
title KNOWLEDGE-BASED LEADERSHIP AS A KEY FACTOR IN BUSINESS SUCCESS – CASE STUDY OF MONTENEGRO
title_full KNOWLEDGE-BASED LEADERSHIP AS A KEY FACTOR IN BUSINESS SUCCESS – CASE STUDY OF MONTENEGRO
title_fullStr KNOWLEDGE-BASED LEADERSHIP AS A KEY FACTOR IN BUSINESS SUCCESS – CASE STUDY OF MONTENEGRO
title_full_unstemmed KNOWLEDGE-BASED LEADERSHIP AS A KEY FACTOR IN BUSINESS SUCCESS – CASE STUDY OF MONTENEGRO
title_short KNOWLEDGE-BASED LEADERSHIP AS A KEY FACTOR IN BUSINESS SUCCESS – CASE STUDY OF MONTENEGRO
title_sort knowledge based leadership as a key factor in business success case study of montenegro
url https://univagora.ro/jour/index.php/aijes/article/view/7156
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