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Competitiveness through People

Alexandra Horobet (), Livia Ilie and Cosmin Joldes ()
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Alexandra Horobet: Bucharest Academy of Economic Studies, Romania
Cosmin Joldes: Bucharest Academy of Economic Studies, Romania

Romanian Economic Journal, 2008, vol. 11, issue 27, 123-138

Abstract: Managers are becoming more aware of the value that investment in human resources, as opposed to expenses in intangible assets can produce at the company level and that human resource activities can focus on key business concerns, and in turn drive greater growth and eventually higher market value. In this framework, the core-competency perspective focuses attention on the importance of knowledge creation and learning processes for building and maintaining competitive advantage in a world defined by globalization, demographic change, and the rise of the knowledge worker. The effective management of Romanian companies can represent an advantage in a competitive business environment, shaped by the end of transition, the EU membership and the globalization process. Our paper explores the major shifts that are occurring in one critical activity related to human resources, and looks to management education as a solution for current performance business issues for Romanian companies.

Keywords: management education; human resources; competitive advantages; performance. (search for similar items in EconPapers)
JEL-codes: A23 I2 J24 (search for similar items in EconPapers)
Date: 2008
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