Knowledge Management majorly can be seen as an approach whereby an enterprise or organization can influence the ‘tacit’ and ‘explicit’ Knowledge of its employees, trading partners, and outside experts for the benefit of the organization (Ackerman et al., 2002, Bellaver and Lusa, 2001). Knowledge Management leads to driving Knowledge till an extent of being a vital asset of an organization and alongside develops processes and activities to manage it efficiently & effectively (Moffet & McAdam, 2003)
Is the knowledge worker the key to sustainable development and competitive advantage? INTRODUCTION The business environment of today, i.e. all external forces, impacting on the operations of businesses are largely, if not totally, external and beyond the control of individual industrial enterprises and their managements. This environment can be described as being highly competitive. Social Scientist Schumpeter and Porter attempted to move the comprehension of the environment from a static model to
August1999. Retrieved from Proquest Database. Jack Welch with Suzy Welch. (2005). Winning, 1st edition. New York: Harper Collins Publishers. Inc. John, SM- Telling stories is at the heart of KM, Management May, 2006. Retrieved from Proquest Database Nonaka, Ikujiro & Takeuchi, Hirotaka (1995). The Knowledge Creating Company, New York: Oxford University Press.