Posted by: kmagellan on: June 28, 2007
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, [...]
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 [...]