Management decisions aimed at reconfiguring resources/assets and creating a strategic resource as a factor for sustainable development of the company

Purpose: In modern conditions, management decisions must constantly consider the influence of external and internal factors, which allows for successful adaptation to the dynamic external environment through the development, integration and reconfiguration of resources/assets. This also determines the purpose of the study – 1) assessment of the gap between current and desired capabilities, which determines the necessary management decisions in order to reconfigure and adapt resources/assets to changes, 2) empirical study of the problem, which will prove the relationship between sustainable development and long-term company success, as a function of the effectiveness of the applied management decisions aimed at reconfiguring and creating a strategic resource. Method: The study applies a method based on data collection in an open and standardized manner and a correlation coefficient is also used. Results: The empirical study of 40 companies proves the relationship between sustainable development and long-term company success, which is mediated by the effectiveness of the applied management decisions aimed at reconfiguring resources/assets. Conclusions: The results show the need to develop and implement effective management solutions, which include organizational and management changes, development of strategies and policies for reconfiguring company resources, in accordance with the needs of both current and future generations and are aimed at creating, offering and realizing additional economic, social and environmental value for the client, stakeholders and society as a whole.