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Nicolas Kfuri recently taught “Strategic Management” at the University American College Skopje as a visiting professor  РУБРИКА

Macedonia should work on              I am absolutely convinced that       As long as the ownership is not
the development of globally           Macedonia should compete in the      local and it is German, French,
recognizable brands. We see a         economy of knowledge, where the      American etc., the most profitable
“golden moment” in terms of the       so called “economy of scale” is not  part of the business, the best paid
possibilities for the brands from     so relevant. Почетокот на натпре-    job positions in the company and
flourishing countries to build their  варувањето во таа арена е преку      the company’s profits will simply
presence at a global level            добро образована работна сила        be located somewhere else

      You were a consultant in the    the long run overall. Of course,     cal “champions” for the country,
car industry. Usually this indus-     certain job positions have been      which would be the ones that
try develops in large countries       created, however what matters        would open the markets for the
such as Germany, France or            the most is the ownership of         others.
Spain. However, today Slovakia        the companies. As long as the
is one of the largest car manu-       ownership is not local and it is            What do you think about
facturers in Europe. And today it     German, French, American etc.,       the Macedonian MBA students?
is quite similar to Macedonia, a      the most profitable part of the
small country with no access to       business, the best paid job po-         N. Kfuri: The experience from
the sea. What is your advice for      sitions in the company and the       the lectures of the Macedo-
Macedonia for the future?             company’s profits will simply be     nian students at the University
                                      located somewhere else.              “American College” was very
   N. Kfuri: See, the fact that                                            good. I enjoyed the interaction
multinational companies from             Again, the only solution is to    with them, their desire to learn,
the car industry (or from any         build strong global brands. For      to research new concepts, and
industry) are located in your         this purpose, the three major in-    of course, their curiosity, which
country is not a recipe of suc-       terested parties should join – the   is definitively one of the charac-
cess. How many car manufac-           government, in order to be able      teristics that distinguishes the
turers with a Slovakian brand do      to act as a stopper (in the worst    people from Macedonia. It was
you know? Do you know one at          case scenario) or as a facilitator   my pleasure to be here. It is in-
all? Therefore, the presence of a     (ideally), the business commu-       deed an international commu-
group of multinational compa-         nity should act as an aggrega-       nity with students from Mace-
nies in the countries that manu-      tor, coordinator and supervisor      donia, Greece, Bosnia, Kosovo,
facture cars, by using a specific     of the overall engagement of         even from the Netherlands.
situation that provides price         the industry and finally, the in-
competition in regard to other        dividual companies must built              Thank you for the interview.
markets, does not mean that the       specific brands in their own way.
country will become better in         An ideal situation would be for                                       Zoran Jovanovski
                                      the country to identify some lo-

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