Paper in PDFGeorgiana CHITIGA, Scientific Researcher,Centre of Financial and Monetary Research“Victor Slavescu”
The knowledge management aims to critique the issues of organizational adaptation, the survival and competence against the continuous changes. It has become obvious that, given their own nature and configuration, irreducible to previous shapes, the organizations based on knowledge cannot be ruled by applying the principles and the methods which were available in the industrial age. Managers cannot just continue doing what they knew and what they used to do in the environment of hierarchies, and for what they should do, they need new competencies; knowledge as a resource and as an organizational process, needs a dedicated managing, which is required to be official and professional; however, excellence remains for those who practice it because they have a talent for it. So, lately, there have been developed new concepts circumscribed to knowledge development it sustainable development marking a major change in tackling the development of humanity through the options of providing a dynamic balance between the components of natural capital and socio-economic systems.