Approaching the topic of Knowledge Management is very daunting. Many may say it is nothing more than managing information; others have created numerous academic journals and books on the subject.
I am going to keep it simple:
Your employees are your assets and they have knowledge. This knowledge can be created or gathered (new knowledge), transferred through systems, culture, organizational learning or knowledge sharing.
Organizational knowledge can be used to create strategies, improve product development and increase the bench-strength of your workforce. This in turn can lead to a competitive advantage.
Each of us has knowledge, our ‘personal capital’ (Ashok Jashapara, 2011).
I think it’s fair to say we are know our own worth and being labeled the same as another employee or manager probably wouldn’t make us feel valued. We may do the same job on paper as others, but we have knowledge that makes us unique.
Personal capital can…
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