Knowledge Management in Organizations

Every owner of any company is constantly looking for various ways to make profits for his company and business. Knowledge management is one of the most important aspects of the company and the company. First of all, it is important to find the true meaning of knowledge management. "Knowledge management is more than technology, knowledge management is a business process" (Sarvary, 1999, page 95) Today, knowledge is the company's most valuable asset.

This report discusses modern management issues such as knowledge management, learning organization and knowledge economy. Knowledge management, learning organization is an important part of the success of every organization. Therefore, in a constantly changing management environment, these modern strategic management issues need to be more important than ever. The relationship between organizational learning and organizational knowledge and relationships between knowledge management are neither developing nor maturing in the foundation and direction of the organization. An astronomer Carl Sagan, a good physicist and astronomer, is accustomed to calling the universe "billions, even billions of stars", but in the field of knowledge management on its width and depth, Will it be?

This report is my understanding of knowledge and knowledge management, why it is so important, and how knowledge management can help the company administrator. Also helping to clearly understand the importance of managing the organizational knowledge of today is also "the value of effective knowledge management to organize and support management practices". In this discussion we will gradually analyze to explain the impact of knowledge management on the company. First, I clearly explain what knowledge and knowledge management is. After that, it shows how many kinds of knowledge it has. So, let's explain why knowledge management is important, what value is created, and how it affects individuals and organizations. In addition, we will explain the leadership and management skills used to successfully carry out knowledge management within the company.

Knowledge management (KM) is complicated and complex. There is no established way to build and incorporate organizational knowledge and use it. In order to build the highest value-oriented knowledge management system, organizations need to focus on ways to build, save and utilize it. Consider all that the organization does, providing necessary knowledge, providing important information, building new relationships, investing and selling, implementing new policies and products, introducing new technologies, etc. Knowledge management is the responsibility of the IT department, which is a misunderstanding. In fact, the whole organization plays a role in the creation, maintenance and use of related knowledge.