Volume : 3, Issue : 5, May - 2014
Managing Knowledge: A Success Mantra in Business Administration
Dr. Adarsh Preet Mehta
Abstract :
Knowledge is the fundamental basis of competition. Competing successfully on knowledge requires either aligning strategy to what the organization knows, or developing the knowledge and capabilities needed to support a desired strategy. The knowledge management practices play very crucial role in organizational change and development. To effect successful change organizations strategically assesses their knowledge resources and capabilities in order to conceptualize their knowledge strategy, so as to reduce the knowledge gaps. Today the knowledge management as a strategy is practiced globally. Knowledge management is all about people and providing them with an environment that can contribute to enhancing their existing knowledge base and help them to develop. Organizational competitive advantages ultimately rest on its knowledge resources as it it is difficult to copy. To effect organizational change, knowledge management as a technique is extensively used by organizations across the globe. To successfully ing change through knowledge management practices, organizations need to align their strategies with the current knowledge base of the people, and develop knowledge to build the capabilities of people to successfully entrance, change wherever the gap exists There are many contributors to knowledge management and learning organizations starting from the concept of Kelleys (1985) gold collar worker to that of Argyris (1994), Drucker (1994), Peters (1992), Stewart (1997) Nonaka and Takeuchi (1995) and many more.
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Download PDF Journal DOI : 10.15373/2249555XCite This Article:
Dr. Adarsh Preet Mehta / Managing Knowledge: A Success Mantra in Business Administration / Global Journal For Research Analysis, Vol:3, Issue:5 May 2014