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The modern business world is characterized by dynamic, changing markets and continuous technological advance. This article focuses on an issue related to a definition of the meaning of a man and his location in an organization that works in conditions of globalization. Certainly, the meaning of human as the source of knowledge in the development of organization is not a new subject. Knowledge is intrinsically linked to people and enables them to act. Modern organizations base their theory on the knowledge they can exploit to improve the competence of the employee, his loyalty and commitment to the company which aims at the competitive predominance. The identification of knowledge is necessary for the effective implementation of knowledge management system. Above all, presented theoretical analysis pinpoints mainly on discussing a man's role and psychological contract in managing the knowledge.
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