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Innovation Management in the Insurance Sector in Albania Innovation Management in the Insurance Sector in Albania Prof. Dr. Vasilika Kume Faculty of Economy, University of Tirana e-mail: vasilika.kume@unitir.edu.al Dr. Zana Xhuka, Vice Minister Ministry of Defense, Albania e-mail: zanaxhuka@yahoo.com Manaxhimi novator ne sektorin e sigurimeve ne Shqiperi Prof. Dr. Vasilika Kume Fakulteti i Ekonomisë, Universiteti i Tiranës e-mail: vasilika.kume@unitir.edu.al Dr. Zana Xhuka, Zv. Minister Ministria e Mbrojtjes e-mail: zanaxhuka@yahoo.com Abstract: This study uses structured questionnaires to explore the innovation management process involving companies in the insurance sector in Albania. The objectives of this study are to give e brief history of the Insurance Sector in Albania (start-up problems and challenges) and to identify components of the implementation of innovation management in this sector. The hypothesis of this study concerns the impact of innovation management in the financial performance of companies in the study. The results show that most companies apply the elements of strategic management and are involved in the planning process of the future. Key words: vision, mission, strategic objectives, financial goals, analytical techniques Abstrakt : Ky studim ka përdorur pyetësorët e strukturuar për të eksploruar procesin përfshirjes së manaxhimit strategjik në kompanitë e sektorëve të ndryshëm. Gjithashtu, janë përdorur raportet vjetore të kompanive për të parë performancën financiare të një kompanie. Hipoteza e këtij studimi lidhej me ndikimin e manaxhimit strategjik në performancën financiare të kompanive të studimit. Rezultatet e këtij studimi treguan se në shumicën e kompanive elementët e manaxhimit strategjik zbatoheshin dhe ishin të përfshirë në procesin e planifikimit të së ardhmes. Fjalët kyçe: vizioni, misioni, objektivat financiare, qëllimet financiare, teknikat analitike І. Insurance Market in Albania 1. Brief History The insurance sector is the one that has undergone significant growth in recent years (Koci et al., 2002). І. Tregu sigurimeve ne Shqiperi 1. Historik i Shkurter Sektori i sigurimeve është ndër sektorët që ka pësuar rritje të rëndësishme vitete e fundit (Koci et al., 2002). 95 781b155fdc

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