Information and Knowledge Management as a New Phase in Management Theory Development

The article presents the following hypothesis: currently we are witnessing a creation of a new management concept in organizational science and management. This concept, which was created after the system concept, can be called the information or knowledge management concept. It was created and is developing due to the development of IT (Information Technology). It is the result of a certain need connected with the development of management science and progress in economical sciences and IT technologies. Problems of electronic economy, the most dynamically developing branch of global economy, require quite a different approach than in current management methods. Therefore the development of this concept is linked with the development of IT and management methods connected with it.