Knowledge Management in Organizations

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The owners of any company always search for different methods to make their company and business profitable. Knowledge management is one of the aspects that are very important for the company and business. First of all, it is important to find out what really the knowledge management is. ‘’ There is much more to knowledge management than technology alone. Knowledge management is a business process.’’ (Sarvary, 1999, p.95). Nowadays in the companies, knowledge has become the most valuable property. In order to have better and more valuable knowledge, you should share it. Its success depends on how workers of the company interact (amount and quality). Implementation of KM will be successful if there will be less or no conflict in the company. It is better to have task based conflict, where knowledge is shared then personal conflict which reacts badly on company.

The value of KM is to make people work together, think together and control the business together, so it is highly people-based.Workers should share their knowledge with others and even create value added benefits to make it better. Knowledge management (KM) comprises a range of strategies and practices used in an organisation to identify, create, represent, distribute, and enable adoption of insights and experiences. (Anon., 2013) KM is making world escape from industrial work and begins working with minds, so knowledge is becoming the key performance and its importance is increasing. Every job that people are doing, needs knowledge but they differ from each other. There are two types of workers: Knowledge workers and routine workers. Knowledge workers should focus on their knowledge based and theoretical job. Their intellectual and creativity level is high while routine ...

... middle of paper ...

... order to make employees daily work better and full of will to work with other people.

In the conclusion, nowadays most of the companies are knowledge based and KM is most valuable and precious thing they ever can have. So it is important employees to share their experience to each other. Transfer KM without any problem. There must not be any personal conflicts but only task-based which only bring more ideas and experience in the workers. Leaders should help hired people to reach their personal and company’s goals. And finally, there must be suitable atmosphere and situation for employees to work without any problems and challenges that has to be managed by the head managers.

Bibliography

Anon., 2013. Introduction to Knowledge Management. University of North Carolina.

Hislop, D., 2013. Knowledge management in organizations. Third ed. Oxford University.

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