The importance of knowledge transfer management in Romanian companies during COVID-19 pandemic

Abstract

Abstract The sharp spread of the COVID-19 pandemic in Europe, implicitly in Romania, and the increasingly stringent measures taken by the authorities to prevent harmful effects on citizens and the economy raise many questions about the actions that should be taken by companies to ensure compliance. and especially those responsible for taking such measures. Many companies in Romania have already voluntarily taken a precautionary stance against the threat of COVID-19, whether it is the complete interruption, for an indefinite period of time, of the activity, the change of the way of carrying out the activity (exclusively online) or continue to work with increased precautionary measures to reduce the risks. In an environment where the legislative framework changes every day, with sometimes vague wording, explainable in terms of the speed with which they are adopted, but in areas extremely important and vulnerable to the business environment, such as social protection, banning activities or continuing in a significantly modified form, the provision of measures with an impact on business partners, the knowledge management is called upon to make quick and high-impact decisions. In all the cases mentioned above, the company behaves according to and based on the decisions taken by the management, an aspect that involves high risks for the latter in terms of liability.