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Association of Knowledge Management with Strategic Management: Directions and Trends at International Level

Author

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  • Daniel RUSU

    (Bucharest University of Economic Studies)

Abstract

In order to facilitate innovation in organizational settings, increase creativity and productivity, and optimize performance, a key lever is knowledge management. The modern multidisciplinary process responsible for exploiting the information and knowledge of a particular organization to achieve organizational goals eloquently defines knowledge management. In the field of strategic management, a very useful tool that provides information and knowledge of great value and that requires strategic planning proves to be represented by the individual and special nature manifested by knowledge management. The main objective of this study is to investigate the interdependence between knowledge management and strategic management. The main goal of strategic management is to equip the company team with the new technological and technical realities, to the operational conditions imposed by the market, to avoid the threats produced by uncontrolled factors, and to be able to benefit from the opportunities generated by profit. Highlighting from the contemporary business literature the main perspectives of strategic management as well as their mixing with the current perspectives in knowledge management, is the indication of the evolution of research in the field of strategic knowledge management. The association of the responsible capacities of knowledge in order to justify the constitution of the strategic aspects represents the main direction on which the article focuses.

Suggested Citation

  • Daniel RUSU, 2022. "Association of Knowledge Management with Strategic Management: Directions and Trends at International Level," Management and Economics Review, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 7(1), pages 49-66, February.
    • Handle: RePEc:rom:merase:v:7:y:2022:i:1:p:49-66
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    References listed on IDEAS

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    More about this item

    Keywords

    International environment; Knowledge management; SMEs; Strategic management.;
    All these keywords.

    JEL classification:

    • D8 - Microeconomics - - Information, Knowledge, and Uncertainty
    • L1 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance
    • M1 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration
    • M16 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - International Business Administration

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