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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)

Radu Popescu
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Radu Popescu: National Institute of Economic Researches, Romania

Economia. Seria Management, 2005, vol. 8, issue 2, 126-139

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.

Keywords: firm strategy know-how; managerial ability; performance (search for similar items in EconPapers)
JEL-codes: L11 L21 L25 (search for similar items in EconPapers)
Date: 2005
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