editedbook
Publication: IIP Proceedings Year: 2022, Month: November Page No: 26-43, ISSN/ISBN: 978-93-95632-62-1, DOI/Link: https://www.rsquarel.org/assets/docupload/rsl2023AE498FDBE92B2F9.pdf
KNOWLEDGE MANAGEMENT
Area/Stream: Management, Authors: Shivangi K. Sethi Keywords: Competitive edge, Change, Knowledge, Technology, Human resource, Intellectual capital Book Name /series: Futuristic Trends in Management, Volume 2, Book 8, Part 1, Chapter 3Publication: IIP Proceedings Year: 2022, Month: November Page No: 26-43, ISSN/ISBN: 978-93-95632-62-1, DOI/Link: https://www.rsquarel.org/assets/docupload/rsl2023AE498FDBE92B2F9.pdf
Abstract:
In the modern-day world, it can be easily observed that the whole society is witnessing a number of changes happening whether at a micro or a macro level. Although the different factors are changing at a different pace, they have their impact on not only the individuals in the society but also the business organisations as a whole. In order to survive and achieve the competitive edge, organisations have to constantly evolve and adapt to the changes around. For which, collection of knowledge and its significant utilisation plays a key role not only for these organisations but also for the overall economic development. In order to reap the sustainable competitive advantage, an organisation must possess the ability of not only owning the right knowledge but also making the right utilisation of the same. Making the optimum use of this knowledge helps an organisation in taking the right decisions, solving problems, improve organisational performance and thereby increase its efficiency. However, due to the wide pool of information available owing to the increasing use of internet and information technology, its management becomes a crucial task thereby underlining the importance of knowledge management. Thus, for making the maximum use of knowledge and survive in this intense competition, knowledge management plays a very important role. That is the reason why organisations today develop the best of processes to manage the knowledge an extremely valuable human resource. The chapter below encircles the significance of one of the broad areas in human resource management namely knowledge management by unfolding its meaning & its forms, characteristics, importance, process, and methods of acquiring the valuable asset also known as intellectual capital i.e. knowledge.
Cite this: Shivangi K. Sethi,"KNOWLEDGE MANAGEMENT", Futuristic Trends in Management, Volume 2, Book 8, Part 1, Chapter 3, November, 2022, 26-43, 978-93-95632-62-1, https://www.rsquarel.org/assets/docupload/rsl2023AE498FDBE92B2F9.pdf
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