The New Management in the Knowledge Society

Sofia Totolici () and Aurel Totolici ()
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Sofia Totolici: Dunarea de Jos University of Galati, Romania
Aurel Totolici: Valahia Universtity of Târgoviste, Romania

Risk in Contemporary Economy, 2011, 237-243

Abstract: As the world struggles to rise from the recent downfall and prevent another financial crisis, which becomes more and more visible for experts all around the world, organizations had to change their way of thinking and designing strategies in order to survive. It has become clearer than ever that the most valuable asset organizations nowadays posses is information, and it is their responsibility to transform it into knowledge and that into innovation so that they could gain the competitive advantage on an ever-changing and more and more selective market. This paper proposes to highlight the changes that took or should have taken place on the management level in the organizations in the context of the knowledge society we all live in.

Keywords: knowledge; society; management; group; organization; innovation (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:ddj:fserec:y:2011:p:237-243

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