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Knowledge Retention within Small and Mediumsized Enterprises Cover

Knowledge Retention within Small and Mediumsized Enterprises

Open Access
|Jan 2020

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 time, the challenge of reaching the knowledge and sharing it with all the stakeholders.

DOI: https://doi.org/10.2478/sbe-2019-0056 | Journal eISSN: 2344-5416 | Journal ISSN: 1842-4120
Language: English
Page range: 231 - 238
Published on: Jan 21, 2020
Published by: Lucian Blaga University of Sibiu
In partnership with: Paradigm Publishing Services
Publication frequency: 3 issues per year

© 2020 Todericiu Ramona, Boanta Alexandra, published by Lucian Blaga University of Sibiu
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.