This is the 871st most frequent Slovenian word.
vodstvom
"Vodstvom" in English means "leadership" or "guidance."
In this sentence, 'vodstvom' refers to the governing or managing entity of the company, expressing leadership as in management.
Vodstvom podjetja so predlagali izboljšave v proizvodnem procesu.
The management of the company proposed improvements in the production process.
The word 'vodstvom' here is part of the phrase 'pod vodstvom', meaning 'under the guidance', indicating management or Leadership in a supportive role.
Pod vodstvom izkušenega učitelja so se učenci hitro naučili novih veščin.
Under the guidance of an experienced teacher, the students quickly learned new skills.
Here, 'vodstvom' again refers to guidance or governance, this time abstractly as a set of rules providing direction.