IMCSM 2018

International May Conference on Strategic Management (IMCSM) is a leading international conference in the field of general management. This conference is annually organized by Management Department of Technical Faculty in Bor, University of Belgrade. This was a 14th year of the conference.

IMCSM18, was organized from May 25 – 27th, 2018. The conference was organized in the city of Bor.


Book of Proceedings of the International May Conference on Strategic Management – IMCSM18 can be downloaded from the following links:

Issue 1 | Issue 2

Official Program of the IMCSM18 conference can be downloaded here: IMCSM18 Program

Photo gallery of all conference events is available here: Photo Gallery IMCSM18



The organizers of the IMCSM18 conference wish to express their gratitude to Viktor Shebashev, the rector of the Volga State University of Technology, Yoshkar-Ola, Russian Federation, who sent a welcome letter in which he greets the participants of the IMCSM18 conference. The welcome letter can be found here.

During the last day of the conference, a round table discussion was organized on the topic of: “Public participation in making decisions about the environment – impact study and strategic impact study“. This roundtable was organized in cooperation with the Association of Young Researchers of Bor.

Ebsco Host - IMKSM18

Ebsco Host – IMCSM18

International May Conference on Strategic Management – IMCSM is accepted in the EBSCO Host base. Accordingly all papers published in the books of proceedings, starting with the IMKSM2014 conference, are included in the Ebsco Host Data Base

Detailed announcement for the IMCSM18 is available here: IMCSM18 Final Announcement

koriceSelected papers from the conference will be published in Serbian Journal of Management – SJM an international journal for theory and practice of Management science. Serbian Journal of Management is covered by SCOPUS, EBSCO and SCImago database (SJR = 0.19).

Also, there is possibility to publish selected manuscripts of the conference in the journal The Acta Oeconomica Universitatis Selye , which is indexed in ERIH PLUS base.


Plenary Lectures for the IMCSM18 were:

The assistant professor, Dr. Hesam Dehghani was born in 1982 in Iran. He has received BEng in Mining Engineering from the Isfahan University of Technology, Isfahan, Iran in 2005 and his MEng from the Tarbiat Modares University, Tehran, Iran in 2007 and PhD from the Amirkabir University of Technology, Tehran, Iran, in 2012. As a member of the Department of Mining Engineering, Hamedan University of Technology, he teaches some graduate as well as undergraduate courses, including mineral economics, principles of mining, drilling and blasting, mine simulation and ore-body modeling. His research area includes mine planning and mineral projects evaluation, real option valuation, risk management and application of Operations Research in the mineral industry. He has published more than 50 papers in various national and international journals and conferences. At the IMCSM18, professor Dehghani presented the research on the topic of: “Evaluation of the mining projects under economic uncertainties using Real Option Valuation”.

Prof. dr Lela Ristić is an associate professor at the University of Kragujevac – Faculty of Economics, Republic of Serbia. Her main research interests are: sustainable agricultural and rural development; integral development of agriculture, rural areas and tourism; agricultural and rural policy; agribusiness management etc. She is teaching: Economics of Agriculture (bachelor studies); Tourism and Agribusiness (master studies); Economics of Sustainable Development and Management of Rural Development (doctoral academic studies). Lela Ristić is an author or coo-author of 17 articles published in the scientific journals, 35 papers at the national and international conferences, 9 chapters and 4 textbooks. She is a reviewer of the conferences and scientific journals and a member of the professional bodies. She was a mentor or a member of the commission of more than 150 final exams, 20 master and two PhD theses, participant of a few projects and the Faculty Exchange Program 2003 in Agricultural Economics in the USA. At the Conference IMCSM18, she presented the research on the topic: Management of agricultural and rural development in the Republic of Serbia”.

Dr. Petra Grošelj is assistant professor at the University of Ljubljana, Biotechnical Faculty, Slovenia. She graduated at the Faculty of Mathematics and Physics, University of Ljubljana. She received the Ph.D degree in economics of natural resources from the Biotechnical Faculty, University of Ljubljana. She has published 24 scientific articles. Her main research interests are multi-criteria decision-making, particularly analytic hierarchy process, group decision making and fuzzy logic. At the IMCSM18 she presented the research on the topic of: “Consensus model in analytic hierarchy process”.

Dr Aleksandra Fedajev is an assistant professor at the University of Belgrade, Technical faculty in Bor, Republic of Serbia. Her main research interests are: business economics, financial analysis, multi-criteria analysis, sustainable development, foreign trade, business environment, economic development, economic policy, transition etc. She is teaching: Fundamentals of business economy, Fundamentals of market economy and Planning and control of costs (bachelor studies). Aleksandra Fedajev is an author or coo-author of 13 articles published in the scientific journals, 51 papers at the national and international conferences, 4 chapters and 1 textbooks. She is a reviewer of the scientific journals and a member of the organizational board of International Symposium on Environmental and Material Flow Management –EMFM. She was a mentor or a member of the commission of numerous final exams, master and PhD theses. At the Conference IMCSM18, she presented the research on the topic: “Comparative analysis of business environment in CEE and SEE countries using the PROMETHEE method”.


Conference topics are:

  • Strategic management
  • General management
  • Industrial and facility management
  • Material flow management
  • Environmental management
  • Management methods
  • Project management
  • Operational systems and technology
  • Quality management
  • Marketing
  • Entrepreneurship
  • Production management
  • Production systems management
  • Financial management
  • Management informational systems
  • Management informational technologies
  • Maintenance management
  • Management in practice
  • Healthcare and Sport management
  • Risk management
  • Tourism and Hospitality management
  • Agricultural and Forestry management
  • Special applications of management methods


Scientific Board (SB) of the Conference:

Prof. dr Živan Živković, University of Belgrade, Technical Faculty in Bor, president of the SB.

Prof. dr Ivan Mihajlović, University of Belgrade, Technical Faculty in Bor, vice-president of the SB.

The members of the SB:

Prof. dr Peter Schulte, Institute for European Affairs, Germany

Prof. dr Michael Graef, University of Applied Sciences Worms, Germany

Prof. dr Jaka Vadnjal, GEA College Ljubljana, Slovenia

Prof. dr Geert Duysters, ECIS (Eindhoven Centre for Innovation Studies), Eindhoven University of Technology, Eindhoven, The Netherlands

Prof. dr Michale. D. Mumford, The University of Oklahoma, USA

Prof. dr John. A. Parnell, School of Business, University of North Carolina-Pembroke, Pembroke, USA

Prof. dr Antonio Strati, Dipartimento di Sociologia e Ricerca Sociale, Universities of Trento and Siena, Italy

Prof. dr Rajesh Piplani, Center for Supply Chain Management, Nanyang Technological University, Singapore

Prof. dr Musin Halis, University of Sakarya, Business and Administration Faculty, Serdivan, Turkey

Prof. dr Rekha Prasad, Faculty of Management Studies, Banaras Hindu University, India

Prof. dr Ofer Zwikael, School of Management, Marketing and International Business ANU College of Business and Economics The Australian National University, Australia

dr inż. Renata Stasiak-Betlejewska, Institute of Production Engineering, Faculty of Management, The Czestochowa University of Technology Poland.

Prof. dr Simon Gao, Edinburg Napier University, United Kingdom

Prof. dr Jadip Gupte, Goa Institute of Management, India

Prof. dr Jan Kalina, Institute of Computer Science, Academy of Sciences, Czech Republic

Prof. dr Vesna Spasojević Brkić, Universtity of Belgrade, Faculty of Machanical Engineering, Belgrade, Serbia

Prof. dr Milan Stamatović, Faculty of Management, Metropolitan University, Serbia

Prof. dr Jifang Pang, School of Computer and Information Technology, Shanxi University, China

Prof. dr Ladislav Mura, University of Ss. Cyril and Methodius, Trnava, Slovakia

Prof. dr Pal Michelberger, Obuda University, Budapest, Hungary

Dr. Slobodan Radosavljević, RB Kolubara, Lazarevac, Serbia

Dr. Natalia Safronova, Institute of private and sectoral Management, RANEPA, Moscow, Russian Federation



Submission of abstracts in English (deadline) 01.05.2018
Submission of the full text of papers (deadline) 31.05.2018
Payment of the participation fee (deadline) 15.05.2018


Publication: All abstracts of the papers from the IMCSM18 were published in Book of abstracts, before the conference, in the printed edition.

Also, all the papers will be published in Book of Proceedings of the conference, in the electronic form (CD) and will be available for download.

Conference registration and submission of abstracts should be done using online form at:

Abstracts: abstracts of the papers and reports should be submitted in English language (for authors from Serbia also in Serbian language). The abstracts should be prepared in following style and shall contain: title (font Times New Roman, Bold, Capital Letters, 14pt, cantered), authors’ names and addresses (Times New Roman, Bold, 12pt, Italic, cantered), text not exceeding 1800 characters (Times New Roman, Normal, 12pt, justified) with margins: top and left – 30mm, bottom and right – 25mm, in A4 format (210х297 mm).

Full Manuscripts: Full length papers should be submitted in English or Serbian language. Full length manuscripts should be submitted to the email The manuscripts should be written in MS WORD 2003 or a higher version and prepared according to the instructions for authors.

Preparation of the manuscripts:

The manuscripts should be written in MS WORD 2003 or in a higher version. Size: not exceeding 10 pages A4 format (figures and tables included), with margins: top 30 mm, right, left and bottom 25 mm. Fonts of the body text, abstracts, and subtitles: Times New Roman, Normal, 12 pt, Single line spacing. Paper title: Times New Roman, Bold, Capital Letters, 14pt, cantered. Authors’ names and affiliations: cantered, italic, separated from the title by one empty line with mail and E-mail addresses.

Reference list should be at the end of the paper and not presented in the footnotes or endnotes. They should be formatted as follows:

  1. Author A., Author B., Serbian Journal of Management, 33 (1), (2016), 12-24.
  2. Author C., The name of the Book, Publisher, City, 2016.
  3. Author D., in Handbook (Editor E.), Publisher, City, 2000, 223.
  4. Author E., Proceedings of XII International Symposium of Strategic Management IMCSM16, Date, City, Country, 2016, 123-131.

Reference number should be given in brackets through the text [#] (regular text, not superscript). References in not-English languages should be translated in English, and original language has to be mentioned in brackets (in Serbian), for example.

MS Word template for full paper preparation is available here: IMCSM18 template.


Conference fee:

Conference fee can be payed in EURO (125) or Serbian Dinars (15 000). Payment Reference Number is assigned to each submission after completion of the online registration form at

Details regarding payment in EURO:




FIELD 57A: (Acc. With bank): NBSRRSBG This is SWIFT (NBSRRSBG)

Bank address: National Bank of Serbia, Bulevar Kralja Aleksandra 15, 11000 Belgrade

FIELD 59: (Beneficiary Customer) /RS35908500100000777745 This is IBAN

University of Belgrade, Technical Faculty in Bor

FIELD 70: DETAILS OF PAYMENT (May conference on strategic management)

For the payment in Serbian Dinars the following account should be used:

Technical Faculty in Bor, Vojske Jugoslavije 12, 19210 Bor, Serbia

Account No: 840-1478666-37


All further information about the conference and future events you can obtain from:

Associate Professor Predrag Đorđević, President of the Organizational Board of IMCSM18. University of Belgrade, Technical Faculty in Bor, Management department. Address: Vojske Jugoslavije 12, 19210 Bor, Serbia
Professor Ivan Mihajlović, Vice – president of the Scientific Board of IMCSM18. University of Belgrade, Technical Faculty in Bor, Management department. Address: Vojske Jugoslavije 12, 19210 Bor, Serbia
Contact email: or or Mobile phone: +381(64)227 36 21


Official Books of Proceedings from all previous conferences are available at:


In parallel with the IMCSM18, 14th Students symposium on strategic management was organized. Students at the bachelor and master level do not have to pay the conference fee. Students at the PhD level do have to pay, with 50% discount.

For additional details, considering the students symposium, contact Mr. Ivica Nikolic, PhD student, President of the Students Symposium Organizational Board:

Address: Technical Faculty in Bor,

University of Belgrade,

Vojske Jugoslavije 12, 19210 Bor, Serbia


Tel: +381(30) 424 547; Fax: +381(30) 421 078

Accommodation for the Conference Participants

A suggested accommodation in the city of Bor for the conference participants is Hotel “Jezero” which is situated on attractive location on the Bor Lake, 17 km from the city centre. This prestigious four-star hotel-tourist complex is famous for its beautiful surroundings and its local gastronomic specialties.

Contact details for information and reservation:

Information and reservation: +381(30) 48 29 40


Room reservations should be done before 30th of April 2018 !


Technical Faculty in Bor, University in Belgrade has provided its Privacy Policy in accordance to the EU General Data Protection Regulation (GDPR). Please make sure that you read and get familiar with the Privacy Policy. The organizers of the IMCSM conference can assure you that all of the personal data collected for the purpose of organizing IMCSM conference will be only used for facilitating the organization of the conference and for publishing of the conference materials.

If you have any concerns about how University of Belgrade, Technical Faculty in Bor is handling your personal information via IMCSM conference and if you find these actions in violation of our Privacy Policy, please contact us via email at If we don’t receive any complaints and other kind of feedback from you regarding the Privacy Policy, we will consider that you agree to all the terms mentioned in the Privacy Policy and that you don’t find your personal data, which has been shared and collected in regards to the IMCSM, misused by the organizers of the conference.