Ishita Bhattacharjee and Karmakar

    Designation : M.Ed. Student, School of Education, Pondicherry University, Puducherry

    Journal Name : Reserach maGma

    Abstract :
    Knowledge Management is a crucial segment in the era where every sector is witnessing information overflows. Effective knowledge management has become the need of the hour since the evolution of knowledge based economies. It has been placed as a critical ingredient for organizations seeking to ensure sustainable strategic competitive advantage. Davenport & Prusak (2000) defines the process of Knowledge Management as managing the corporation's knowledge through a systematically and organizationally specified process for acquiring, organizing, sustaining, applying, sharing and renewing both the tacit and explicit knowledge of employees to enhance organizational performance and create value. The paper is organized into three sections. The first is dedicated to looking towards the concept and relevance of Knowledge Management. It highlights the concept of Knowledge Management as a vital determinant of the organizational performance, survival, competitiveness and profitability. The second section solely features the various processes of knowledge management. The major focus of the paper i.e., the Nonaka and Takeuchiís model of Knowledge Management has been discussed in the third section. Moreover, it has also unwrapped discourses on the tacit and explicit dimensions of knowledge. In a nutshell, the paper contributes a deeper insight into the concept, relevance, need and processes of knowledge management with exclusionary stress on Nonaka and Takeuchiís model of Knowledge Management.

    Keywords :

    Reference :
    1. Allee, V. (1997). 12 Principles of knowledge management. Training and Development, 51(11), 71-74. 2. Amayah, A.T. (2013). Determinants of knowledge sharing in a public sector organisation.Journal of Knowledge Management, 17(3), 454-471, doi: 10.1108/JKM-11-2012-0369 3. Ash, J. (1998). Managing knowledge gives power. Communication World, 15(3), 23-26. 4. Badaracco, J. L. (1991). The knowledge link: how firms compete through strategic alliances. Boston: Harvard Business Press. 5. Baloh, P., Desouza, K. C. and Paquette, S. (2011). The concept of knowledge. In: K. C. Desouza and S. Paquette (Eds.), Knowledge Management: An Introduction (pp. 35-71). New York: NY: Neal-Schuman Publishers, Inc.

Creative Commons License
Research maGma is licensed under a Creative Commons Attribution 4.0 International License.