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Modern Approaches in Romanian Management - Knowledge Based Management

Author

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  • Tocan Madalina Cristina

    (Ecological University of Bucharest)

Abstract

The increasing globalization of business, leaner organizations, products and service convergence and vast development of technology implied that the issues of more efficient and effective operation of an organization’s knowledge assets have become more important than ever before. Years ago Peter Drucker warned us that those who will wait until this challenge becomes a “hot” issue are likely to fall behind and perhaps never to recover. As Drucker has predicted, knowledge has become the key economic resource and the dominant source of competitive advantage today. The main objective of this paper is to present the status of the knowledge management implementation in Romania, after the introductory part of the paper in which the concept of knowledge management is presented. Conclusions are presented at the end of the paper.

Suggested Citation

  • Tocan Madalina Cristina, 2011. "Modern Approaches in Romanian Management - Knowledge Based Management," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 2114-2118, May.
    • Handle: RePEc:ovi:oviste:v:11:y:2011:i:1:p:2114-2118
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    File URL: http://stec.univ-ovidius.ro/html/anale/RO/cuprins%20rezumate/rezumate2011p1.pdf
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    More about this item

    Keywords

    knowledge; knowledge management;

    JEL classification:

    • M19 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Other

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