Knowledge Management

What is Knowledge Management?

 

‘Knowledge Management’ refers to the techniques used by various departments in an organization to collect, utilize and share information. It can also be defined as the process of generating, collecting, and using knowledge for the betterment of the organization as a whole.

 

Knowledge management usually goes hand in hand with the overall organization’s objectives. It allows for knowledge to be used as an important resource rather than just another commodity.

 

Knowledge management can be differentiated into technology-focused, organizational, psychological, and ecological-focused. All of these factors play a significant role in managing the knowledge of an organization which results in the company achieving a greater degree of understanding.

More HR Terms

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What is Code of Ethics?   ‘Code of Ethics’ refers to the set of rules that dictate how ethically business is conducted by an organization.

Parkinson’s Law of Triviality

What is Parkinson’s Law of Triviality?    ‘Parkinson’s Law of Triviality’ is the law that refers to the high amount of time and resources spent

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