Knowledge Management is Important

Knowledge and Intangibles Management

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lenworth grandison
Jamaica

Knowledge Management is Important

Knowledge management is vital in any organization for it to survive in today's ever changing marketplace, especially as we're just beginning to emerge from the global recession. Organizations must employ new thinking, new approaches going forward.

  Ana Maria Aguilera-Luque
Teacher, Mexico
 

Why Knowledge Management is Important

Companies face a paradigm shift: from productive management to talent management.
Since the end of the 20th century to date, the main source of wealth creation has become knowledge. In organizational settings, it has been considered that the main source of competitive advantages lies in what an organization knows, in how it uses its knowledge, and its ability to learn new things (Barney, 1991).
On the basis of this conception of knowledge as a source of wealth, our time has been named the "knowledge society" (Viedma, 2001). This has many implications for organizations.

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