The Importance of Knowledge Management

ESSAY: THE IMPORTANCE OF KNOWLEDGE MANAGEMENT; SHARE TO select, LEARN TO SHARE. W R IT T E N B Y : J E R R E L D E P A A U W 1. INTRODUCTION Nowadays, familiarity is an important factor for state to turn in distinctive advantages in the present society; through training, coaching and education, battalion can develop their skills, abilities and attitudes, to gain those distinctive advantages. Through companionship, people get better jobs, higher compensation and more wealth. acquaintance is a primordial-driver for people, to survive in this knowledge intensive valet; more knowledge means more power. The importance of knowledge in an validational-context is growing rapidly as well. The dynamics and interlockingness of the organizations environment is hard to understand. Knowledge could be the solution to understand and gain better insights in this complex environment, which helps knowledge-based organizations to accomplish their successes. In general, knowledge is the greatest power witness in todays society, but new-fangled studies gather in shown that not only the absorption and adoption of knowledge is the key to gain these distinctive advantages. There has been a shift from knowledge is power to knowledge-sharing is power. This new phenomenon is the subject of many researchers and recent studies.

The effect of this new trend is that knowledge is becoming an organizations key resource, to gain competitive advantage. Managers strive to interpret the traditional organization into a learning-organization, success. to realize organisational WHAT IS KNOWLEDGE? 2.1 THE KNOWLEDGE-BASED ORGANIZATION As stated above, knowledge is the key factor to realize organizational success. This keyresource has to be managed as professional as possible, inside the knowledge-based firms. A knowledge-based firm is an organization which produces knowledge intensive products. Characteristics of those products: ? ? ? ? Knowledge intensive: only specialists with the right knowhow could create this... If you want to get a full essay, order it on our website: Orderessay

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