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Investment in Know-how and Managerial Ability, Sources of Economic Relaunch and Sustainable Excellence, for Industrial (Case study of Titan Heavy Machine)

Author

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  • Radu POPESCU

    (National Institute of Economic Researches, Romania)

Abstract

Know-how, managerial ability ,and appropriate marketing strategy are basic requests of success for the industrial companies. This way, firm resources can be optimally valorized providing a reasonable profit, doubled by the long life of the organization. We shall analyze the way managerial competence of a very well known firm succeeded in a short laps of time to resuscitate the firm from the edge of collapse. Using the existing know-how, as well as a systematical technological transfer, the managers succeeded to transform a firm near bankruptcy in a prosperous global competitive organization.

Suggested Citation

  • Radu POPESCU, 2005. "Investment in Know-how and Managerial Ability, Sources of Economic Relaunch and Sustainable Excellence, for Industrial (Case study of Titan Heavy Machine)," Economia. Seria Management, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 8(2), pages 126-139, December.
    • Handle: RePEc:rom:econmn:v:8:y:2005:i:2:p:126-139
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    More about this item

    Keywords

    firm strategy know-how; managerial ability; performance;
    All these keywords.

    JEL classification:

    • L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
    • L21 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Business Objectives of the Firm
    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance

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