Most organizations are beginning to realize that their singular most important asset is the intellectual capital of their staff and as such are finding new ways to manage this asset. This is derived from the paradigm that competitive advantage in today’s business climate can only be achieved by a synergy of knowledge applied to create innovation, whilst reducing cost and increasing productivity. These organizations have also realized that the huge funds invested in Information Technology can only be harnessed when they serve as enablers to creating, capturing, storing, processing and sharing knowledge. Thus the real stock they have is their knowledge. This has given rise to the search for ways to manage knowledge and the eventual emergence of the term Knowledge Management.
Knowledge Management can be seen as an integrated approach to achieving organizational goals by placing particular focus on “knowledge”, now considered as the new factor for production.
Knowledge Management supports and coordinates the creation, transfer and application of individual knowledge in value creation processes. This can only be realized in a corporate culture that promotes Knowledge Management and actively supports the information and documentation processes (i.e. through the systematic application of innovation and quality management tools and methods).
Global InfoSwift Technologies Knowledge Management Experts can assist your organization in harnessing the huge knowledge deposits residing in its tacit environment (the minds of her staff) to create a synergy which in-turn transforms the organization to a learning organization with Knowledge Workers in various Knowledge Departments within a Knowledge based Organization.
Is your staff re-inventing the wheel by re-doing the same things that have been done before within the organization over and over again? Are they finding it difficult to locate or access the knowledge they require to do their work? Is knowledge hoarding thriving within your organization? Do you have a way to retain the knowledge of your staff when they leave your organization? These are but a few questions you must answer to stay competitive in today’s dynamic knowledge-driven business environment.
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