Managing knowledge is a critical capability for small to medium-sized enterprises (SMEs) to master because it helps them leverage their most critical resource. Organizational knowledge is the most salient resource at the disposal of SMEs in terms of availability, access, and depth. Successful...

Lean Six Sigma represents a management approach for driving innovating processes inside a company in order to achieve superior results. It involves a practical analysis based on facts, aiming the innovation and growth, not only the efficiency of processes. It is a long term process of gradual...

Human capital is a source of competitive advantage, since it helps to build core competencies which position the company above its competitors. Core competencies are dynamic competencies of superior hierarchy, which integrate, build and reconfigure internal and external factors of business to...

Lean principles and techniques can be successfully applied in the retail sector. In the retail sector, lean approach improves operational flows. Lean retail encourages manufacturers to produce standard products in accordance with the created (placed) orders from retailers pursuant to the demand...

Organizational performance is getting more and more important, especially in a market with greater competition and dynamic. Organizational performance is measured through different indicators. It guarantees the continuity of the organization to be competitive in a global marketplace. Normally,...

The growth and development of SMEs in Jaffna is vulnerable due to the three decades of internal war. Even having finished the war, there is no remarkable progress in the development of SMEs in Jaffna. Thus, main objective of study is to scrutinize the severity and degree of issues of small and...

Romania’s integration in European Union brought both advantages and disadvantages for local entrepreneurs. The current paper presents the results of a comprehensive study regarding several thousand Romanian SMEs on an important issue: absorption of structural funds

Production Operations Management must ensure the quality of functional stability of production considering the input variables, environment disturbances as well as market requests dynamics. That is why operations management takes action over structural components, system input variables,...

An organization develops when its leaders succeed to convey their values and these are accepted and internalized by the other employees as being the correct way of thinking and acting. It’s important that between the leaders and their supporters to establish sincere and trusting connections,...

To obtain the established objectives from the general strategy, the enterprises have to adapt theirs policies and decisions to the real conditions in which they function. The adoption of such a set of tools is not always an easy action, because one always has to take into account the reciprocal...