Review article

THE ROLE OF SHIP MANAGEMENT IN BUSINESS ACTIVITIES OF SHIPPING COMPANIES

Ante Bistričić ; Faculty of Maritime Studies Rijeka
Alen Jugović ; Faculty of Maritime Studies Rijeka
Zlatko Kuzman ; Gospodarska komora Karlovac

Abstract

Shipping companies could hardly survive without management, given that today they are facing many challenges while doing business in the global market, and management is key to duly adapting to their business environment. The success of shipping companies, today more than ever, is a result of the management's effectiveness.
The management of human resources, intellectual capital and knowledge, that is, intangible assets that elude the standard accounting and economic analysis and balance sheet are becoming the dominant issue of the modern management.
One of the most important tasks of a modern manager is to motivate its co-workers, that is, to inspire other people, and this often depends on his/her charisma and personal characteristics.
Ship management has a significant role when it comes to the achieving objectives set by shipping companies.
Ship management (management onboard) is specific in its position and importance in the management system of shipping companies, it falls under the operational level of the shipping company management. Observed from the point of view of the management structure of a shipping company, the majority of time is spent on leadership, that is, on performing the management function of leading. Furthermore, to achieve the set operational objectives, a part of the time has to be spent to perform management functions such as planning, staffing and controlling.
The success of ship management largely depends on the successfulness of the management process at the level of shipping companies, that is, from the top to mid management. If the stated management functions are used correctly by the companies at all levels, than the ship management will be effective and successful because it is a part of the managing process.

Keywords

ship; management; ship management; shipping company; management process; project

Hrčak ID:

69633

URI

https://hrcak.srce.hr/69633

Publication date:

27.6.2011.

Article data in other languages: croatian

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