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Home » Management Consulting Firms In Various Countries » Albania

Management Consulting Firms Of Albania

Albania shares a border with Greece to the southeast, Macedonia to the east, Serbia including Kosovo to the northeast, and Montenegro to the northwest. Western Albania lies along the Adriatic and Ionian Sea coastlines. Albania's primary seaport is Durres, which handles ninety percent of its maritime cargo. Over ninety percent of Albania's people are ethnic Albanian, and Albanian is the official language. Religions include Muslim Sunni and Bektashi, Albanian Orthodox, and Roman Catholic.

Scholars believe the Albanian people are descended from a non-Slavic, non-Turkic group of tribes known as Illyrians, who arrived in the Balkans around 2000 BC. After falling under Roman authority in 165 BC, Albania was controlled nearly continuously by a succession of foreign powers until the mid-20th century, with only brief periods of self-rule. Albania remains one of the poorest countries in Europe. According to the Bank of Albania, per capita income was U.S. $2,883 in 2006. The official unemployment rate is 13.8%, and 18.5% of the population lives below the poverty line according to the World Bank's 2005 Poverty Assessment. Almost 60% of all workers are employed in the agricultural sector, although the construction and service industries have been expanding recently, the latter boosted significantly by ethnic Albanian tourists from throughout the Balkans.

Albania remains one of the poorest countries in Europe. According to the Bank of Albania, per capita income was U.S. $2,883 in 2006. The official unemployment rate is 13.8%, and 18.5% of the population lives below the poverty line according to the World Bank's 2005 Poverty Assessment. Almost 60% of all workers are employed in the agricultural sector, although the construction and service industries have been expanding recently, the latter boosted significantly by ethnic Albanian tourists from throughout the Balkans. Albania's economy is 61.4 percent free, according to the 2007 assessment, which makes it the world's 66th freest economy. Albania is ranked 30th freest among the 41 countries in the European region. The level of economic freedom decreased by 0.6 percentage point during the past year, partially reflecting new methodological detail, leaving Albania below the regional average.

The exact definition of management consulting firms is that it is body of eminent professionals who advise to business about efficient management practices. With the social division in the era of knowledge economy, consulting industry is becoming more and more important. The management consulting firms of Albania are growing rapidly to help in the growth of the country's economic conditions. For over the years management consulting firms of Albania have been working with companies and organizations to build sustainable solutions to help out clients most complex business issues. The unique side-by-side working style and deep industry expertise ensures pragmatic and enduring solutions linking strategy, innovation and technology. They are focused on how their clients aim to operate their business model in a rapidly evolving business, regulatory and governance environment.

The enterprise-wide model of the management consulting firms of Albania deliver an integrated solution through the use of consistently applied methodologies and tools delivered by industry-experienced practitioners from developed countries. They assist clients in focusing on the business area that captures not only short-term benefits but also longer-term embedded value. They very well know that fundamental to any business is the technology supporting business models and processes. Their pragmatic approach captures both the benefits of software solutions and the network economy. One of the renowned management consulting firms of Albania is "Deloitte".It is the largest management consultancy firm and gives solutions in accountancy and professional services firms in Albania and around the world, and one of the Big Four auditors, along with PricewaterhouseCoopers, Ernst and Young, and KPMG.

The primary work of these management consulting firms of Albania is to first define the nature of the problem and it's extent then analyze data such as revenue, expenditures, and employment; interview and observe managers and employees. Then based on the information gathered, the management analyst will develop solutions to the problem for which the consultancy firms have been hired to fix; The management analyst of the firm develops recommendations and takes into account factors such as the organization's culture, it's relationship to other organizations in the industry, and it's nature. Finally they provide a linking strategy, innovation and technology to solve the clients most complex business issues, delivering sustainable solutions.

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