Emerging Markets Case Studies Collection
 

Article title – Vasili

Subject area – Entrepreneurship, organizational behaviour, managerial decision making, strategic management, leadership and managing change.

Study level/applicability – Undergraduate business and management and MBA/Master's level management courses.

Case overview – The case, “Vasili” examines the life, career, and leadership style of a successful entrepreneur like Mr Vasili Naci.The case illustrates the management challenges faced in moving from a very centralized economy to a free market one. It also raises issues having to do with the management of changes that are viewed as radical by those being affected.There were significant changes taking place in early years of the twenty-first century in Albania. Vasili was determined to make the necessary changes to confront and respond better the challenges opposed to him by the new environment.In addition this case examines the importance of a right balance between education and experience in successful leadership.

Expected learning outcomes – The case is written to serve a number of purposes:Understanding the entrepreneurial mindset and what it takes to start an enterprise (especially in a post communist emerging economy like Albania). The transition/changes that all entrepreneurs have to go through as they grow and develop their business. Examining ways to foster leadership skills through organization and training the next generation of leaders.

Supplementary materials – Teaching note.