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New managerial approaches in organizations’ human resources as a result of privatization

Stamule Tănase and Ionut Dragoş Tănase
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Stamule Tănase: Academy of Economic Studies, Bucharest
Ionut Dragoş Tănase: Academy of Economic Studies, Bucharest

Management & Marketing, 2012, vol. 7, issue 2

Abstract: One of the main challenges encountered in the privatization process refers to the transformation of the former management of state enterprises into a new management system, able to meet the new demands of a market economy. This challenge is addressed not only to local organizations, but also to multinational companies seeking to expand into former communist countries. They are in a different socio-economic circumstance that conditions opportunities and limits transferability of management practices and concepts of organizational management in the West. These have to be reinvented and/or adapted locally.

Keywords: privatization; organization; human resources; THA; transition. (search for similar items in EconPapers)
Date: 2012
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