Public-Private Partnerships: Interorganizational Design as Key Success Factor

Authors

  • Mirjana Petković University of Belgrade, Faculty of Economics
  • Dubravka Djedović–Nègre European Investment Bank (EIB)
  • Jelena Lukić Parallel d.o.o.

Abstract

Public-Private Partnership (PPP), as a current topic in theory and practice, has mostly been treated from the perspective of legislation and recognized by classical macroeconomic paradigm. The aim of this paper is to open a new aspect of dealing with this topic, both organizational and managerial. The paper underlines the importance of organizational design in a PPP, because experience has shown that without strong organization, coordination, defined rules and principles, there is no successful outcome and initiatives amount to a failed attempt. This is why interorganizational relations require well defined organizational architecture where it is clearly determined who, what, how and by when needs to deliver. In a PPP, this is achieved through a contractual framework and the creation of a special purpose company (SPC). The paper also affirms a new managerial position - PPP Manager - that apart from the general managerial skills and knowledge needs to be specialised in managing PPPs.

Author Biographies

Mirjana Petković, University of Belgrade, Faculty of Economics

Mirjana Petković, Ph.D., is a professor at the University of Belgrade, Faculty of Economics, where she is a lecturer in the following courses: Enterprise Organization, Organizational Design, Organizational Behaviour and Human Resource Management. She is the author of the book Organizational Behaviour with Human Resource Management and the author and co-author of several monographs and numerous articles in the fields of organizational theory, organizational structure, organizational behaviour, organizational design, culture and changes. Professor Petković has also taken part in many projects as a consultant or project manager.

Dubravka Djedović–Nègre, European Investment Bank (EIB)

Dubravka Djedović-Nčgre is in charge in the EIB of financing Public-Private Partnerships (PPPs) and Project Finance initiatives in Benelux, France, Ireland and UK mostly in transport, energy, health and education sectors. Prior to that, Dubravka was in charge of financing infrastructure projects in the Western Balkans, including Serbia. She won the Project Finance and EMEA Finance Magazine Deal of the Year in 2013 for financing Zagreb Airport Concession project in Croatia, the first ever PPP for the EIB to reach the financial close in the Balkans. She holds a masters degree from the SDA Bocconi in Milan, Italy (2004) and a bachelor degree of the Faculty of Economics, University of Belgrade (2002).

Jelena Lukić, Parallel d.o.o.

Jelena Lukić received a bachelor (2011) and a masters (2012) degrees from the Faculty of Economics, University of Belgrade. Currently she is a PhD student in Business Management with a special interest in big data technologies and organizational design. She is the author or co-author of several research papers in the field of information and communication technologies and organizational design

Downloads

Published

2015-02-24

How to Cite

Petković, M., Djedović–Nègre, D., & Lukić, J. (2015). Public-Private Partnerships: Interorganizational Design as Key Success Factor. Management:Journal of Sustainable Business and Management Solutions in Emerging Economies, 20(77), 1–11. Retrieved from https://management.fon.bg.ac.rs/index.php/mng/article/view/55

Issue

Vol. 20 No. 77 (2015)

Section

Articles