Book: Innovations of Knowledge Management
Publisher: IRM Press
The importance of organizational knowledge has been recognized for overfifty years. In recent years, organizations worldwide have embraced formalknowledge management initiatives as a way to create value from their intangibleassets. Knowledge has proven so vital to organizational success that anew organizational form – knowledge-based firms – has emerged. With aslowdown in the world economy, the bursting of the technology bubble, andtighter budgets, the importance of leveraging existing knowledge and expertisehas reached new highs. Knowledge management will remain a criticalsuccess factor for organizations as the economy recovers.The purpose of this book is to survey some of the newest trends and findingsin knowledge management. The series of chapters included in the book showthe wide variety of directions in which knowledge management has evolvedand illustrates the wide-ranging impact that knowledge management can effectfor organizational success, thus emphasizing the continued importance ofknowledge management for organizational success. Each chapter offers a discussionof some unique innovation, but common themes emerge as well. Thethemes center on methodologies and models, and tools for enhanced knowledgemanagement as well as the competitive advantage that can be achievedby implementing knowledge management.