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Approaches to Knowledge-Based Strategies

Author

Listed:
  • Cristian-Eugen LUCHIAN

    () (The Bucharest University of Economic Studies, Romania)

  • Margareta Stela FLORESCU

    () (The Bucharest University of Economic Studies, Romania)

  • Iuliana LUCHIAN

    () (The Bucharest University of Economic Studies, Romania)

Abstract

Companies face an increasing number of challenges, driven by market pressures, changes in the nature of labour or customers’ needs. In this context, one of the solutions to address these challenges is to develop and implement knowledge based strategies. To be successful, such approaches must identify critical needs and problems of the company and provide a framework for solving them. For decision makers, one question, once the decision to use such a strategy is taken, is what type of approach should be followed. This article addresses the topic of knowledge based strategies approaches, concerning the prescriptive and emergent ones, in the context of their increasing importance in the strategic development of companies.

Suggested Citation

  • Cristian-Eugen LUCHIAN & Margareta Stela FLORESCU & Iuliana LUCHIAN, 2016. "Approaches to Knowledge-Based Strategies," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 17(1), pages 54-60, March.
  • Handle: RePEc:rom:rmcimn:v:17:y:2016:i:1:p:54-60
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    File URL: http://rmci.ase.ro/no17vol1/05.pdf
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    References listed on IDEAS

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    1. Henry Mintzberg, 1978. "Patterns in Strategy Formation," Management Science, INFORMS, vol. 24(9), pages 934-948, May.
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    More about this item

    Keywords

    organizational strategy; knowledge management; knowledge.;

    JEL classification:

    • M00 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - General - - - General
    • M12 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Personnel Management; Executives; Executive Compensation
    • D01 - Microeconomics - - General - - - Microeconomic Behavior: Underlying Principles

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