Analysis Management and enterprise strategy: a watchword in the North Korean economy todayFirms are increasingly encouraged to advertise their commercial ambitions Since the early 2000s, North Korean enterprises and other entities in the country’s economy have been encouraged to draw up management plans and, sometimes, enterprise plans. Indeed, this “encouragement” has since become a statutory obligation for many units in the North Korean economy under various parts of the North Korean legal code. The content of these plans and how they are drawn up, however, appears to have changed markedly in the Kim Jong Un era. NK Pro analysis suggests: They initially represented a seemingly minor devolution of powers and responsibilities to the enterprise, they appear© Korea Risk Group. All rights reserved. |