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Benefits of Knowledge Management
Knowledge is like a fuel and energy source for business, a power source. Imagine the use of other power sources such as electricity or gasoline. What are the uses? What are the potential Benefits? The possibilities are many.  To list a few: effective knowledge management pays off in fewer mistakes, less redundancy, [...]

What does Knowledge Management mean to business?

Posted by: kmagellan on: June 27, 2007

Knowledge management (KM) is a process for optimizing the effective application of intellectual capital to achieve objectives. In an organizational setting, this would mean a systematic approach to getting an organization to make the best possible use of knowledge in implementing its mission, broadly viewed as either sustainable competitive advantage or long-term high performance. It [...]



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