Outlines of an Effective Management Model in the Light of the Economic, Social, and Moral Requirements of the Knowledge-Based Economy

Abstract

This chapter outlines an effective executive model, analyzing modern doctrine on the subject, to be used also as a benchmark for the evaluation of Barnard’s contribution to management theory. For our objective, the reference model should permit evaluation of Barnard’s theoretical system in relation to the economic, social, and moral requirements of the current knowledge-based economy. Now knowledge has become a strategic production factor and influences significantly the organizational structure, management models, and results of modern enterprises.