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PwC: Azerbaijani companies need to switch to strategic planning

Business Materials 29 March 2017 19:49 (UTC +04:00)
Azerbaijani companies currently need to consider strategic planning
PwC: Azerbaijani companies need to switch to strategic planning

Baku, Azerbaijan, Mar. 29

By Anvar Mammadov – Trend:

Azerbaijani companies currently need to consider strategic planning, said Movlan Pashayev, country managing partner of PwC Azerbaijan, a subsidiary of the multinational accounting firm PwC.

He made the remarks Mar. 29 at a meeting with journalists in Baku.

“Strategic planning is the key to a company’s future success. I don’t mean that it is necessary to plan for the next 10-20 years right away – this is quite difficult. But it is necessary to make plans at least for the next 2-3 years,” he said.

“Today, we have very few of such companies but it is necessary to understand the general trends and the importance of the strategic planning process.”

“It is also necessary to plan development of technologies and human resources. This should be gradually imparted to Azerbaijani companies,” Pashayev said, adding this can lead to greater development of companies and, as a consequence, Azerbaijan’s entire economy.

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