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The Importance Of Management Functions In The Transformation Process Of An Organization

Author

Listed:
  • BUCATA George

    (Lucian Blaga University of Sibiu)

  • ROTARIU Irina

    (Lucian Blaga University of Sibiu)

Abstract

To transform a company means taking a business model, operational processes, and management of financial resources and to redefine them to attain the new objectives of the organization. The transformation plan designed to establish is based on each step and each intermediate state, on several pillars: market business and customer satisfaction, operational processes, human capital, financial flows. In addition, the plan provides the rate at which the organization is able to assimilate the changes.

Suggested Citation

  • BUCATA George & ROTARIU Irina, 2017. "The Importance Of Management Functions In The Transformation Process Of An Organization," Revista Economica, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 69(4), pages 43-52, November.
  • Handle: RePEc:blg:reveco:v:69:y:2017:i:4:p:43-52
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    More about this item

    Keywords

    management functions; organizational transformation; organizational process; transformational process;
    All these keywords.

    JEL classification:

    • M11 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Production Management

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