RISK MANAGEMENT IN THE AUDIT OF SMES

2014

Knowledge Retention within Small and Mediumsized Enterprises

2019

Abstract In the constantly changing nowadays economy, all organizations have to be prepared to embrace all technological innovation and become good competitors in the market place all over the world. This need puts a special emphasize on the ability of a company to evolve through employee ability to grow professional. The retention of good, qualified employee is a complex process, because of the importance of the knowledge for the financial efficiency of a company. This article aims is to examine knowledge retention as an advantage of companies in this era of information, an era in which organizations view their employees as the main sources of competitive edge, acknowledging, at the same t…

HUMAN RESOURCE MANAGEMENT - FROM FUNCTION TO STRATEGIC PARTNER

2013

In most of the organizations, people are now recognized as the vital asset. Their knowledge, skills and abilities must be deployed to the maximum effect if the organization is to become successful. The intangible value of an organization relating to the people it employs and its human resource strategies is gaining recognition and it is generally accepted that this has implications for long-term sustained performance. The recent chances in the economy and the development of new technologies are creating the proper set for a series of other changes regarding the human resource management. The first one refers to the need to respond to the challenges raised by the knowledge workers and the se…

TRADITIONAL PRODUCTS AND THEIR ROLE IN THE DEVELOPMENT OF SMES

2012

In the past years, the role of traditional products in the European economy has greatly increased, firstly through the supply of essential products and services for the local communities, but also through the creation of new work places in all the EU countries, including Romania. 99,1% of traditional products are being produced in our country in small and micro-enterprises, with a small number of employees, and which use traditional recipes, passed down from generation to generation - and the secret of which is kept strictly within the family. This paper aims to demonstrate the importance of developing these small businesses which produce and sell traditional products in Romania, and to ana…

REFLECTIONS ON MANAGERIAL COMMUNICATION

2012

Modern management has given an extremely important place to managerial communication. It considers communication as a vital component of the managerial system of all organizations. A successful manager is the one that can communicate with the persons that he or she is leading, and the performance of an organization can be conditioned by the manner in which managers communicate. The identification of employees with the organizational goals, their channeling of efforts for the common objectives, the ability of the manager to assess the results of his or her decisions can be accomplished only by using the resources of managerial communication. A laconic, delayed or confused managerial communic…