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Human Resource Development

Pages:
11 page
Sources:
7
Solution:
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Subject:
HUMAN RESOURCE
Language:
English (U.S.)
Date:
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INSTRUCTIONS:

Human Resource Development

SOLUTION:

CONTRIBUTION OF KNOWLEDGE MANAGEMENT (KM) IN DEVELOPING ORGANIZATIONS’ COMPETITIVENESS

 

 

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Word Count: 2883

 

 

 

Discussion Question 4: Evaluate critically the concept of knowledge management (KM) and explain its potential contributions to developing organizations’ competitiveness in a knowledge-driven globalizing world.


 

Table of Contents

1.0 Instruction. 2

2.0 Key Features of Knowledge Management 3

3.0 How Knowledge Management Contributes to Developing Organizations’ Competitiveness in a Knowledge-driven Globalizing World. 3

3.1 KM Enhances Human Capital 4

3.2 KM Spearheads Research. 5

3.3 KM Helps in the Identification of Global Opportunities. 5

3.4 KM Builds Efficiency and Effectiveness. 6

3.5 KM Betters Industrial Relations. 7

3.6 KM Promotes Responsiveness to Global Environment Stewardship. 8

4.0 Conclusion. 9

5.0 Reference List 9

 

 

 

 


 

1.0 Instruction

How fast has the knowledge management landscapes changed over the last couple of decades? Today, it is not surprising to notice continuous learning emphasized by many organizations as a critical policy or even a mandatory agenda for employees. After all, who would want to employ a 'half-backed' staff team or even those that are not willing to advance knowledge in line with the changing environment? The main reason why people who have to contend with constant knowledge and systematic learning continually is the fact that tomorrow's job market will be entirely different from today, and the cycle is recurrent. These pile of issues that emerge now and then are close and embedded in knowledge management, which according to Bharadwaj, Chauhan, Raman (2016), entails a systematic approach of generating and capturing, spreading, and applying knowledge in an attempt to achieve a predetermined objective.

In addition to the constant need to learn, organizations are not left behind in complying with competitive waves created by sharing of information and knowledge in the large market...

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