In globalizing competitive markets knowledge exchange between business organizations requires incentive mechanisms to ensure tactical purposes while strategic purposes are subject to joint organization and other forms of contractual obligations. Where property of knowledge (e.g. patents and copyrights) and contractbased knowledge exchange do not obtain network effectiveness because of prohibitive transaction costs in reducing uncertainty, …
Knowledge Management (KM) comprises a range of practices used in an organization to identify, create, represent, distribute and enable adoption of insights and experiences. In other words, Knowledge Management is a process that, continuously and systematically, transfers knowledge from individuals and teams, who generate them, to the brain of the organization for the benefit of …
Tata Steel decided to embark on formal KM initiative in the year 1999. The beginning was made in July’99 to place a Knowledge Management (KM) programme for the company to systematically & formally share and transfer learning concepts, best practices and other implicit knowledge. The essence of Knowledge management is to capture the available abundant …
At Knowledge Praxis, we define knowledge management as a business activity with two primary aspects: – Treating the knowledge component of business activities as an explicit concern of business reflected in strategy, policy, and practice at all levels of the organization. – Making a direct connection between an organization’s intellectual assets — both explicit [recorded] …