Podcast
Questions and Answers
What is the role of knowledge in the emerging competitive environment?
What is the role of knowledge in the emerging competitive environment?
Knowledge plays an increasingly important role in emphasizing product and service quality, responsiveness, diversity, and customization in the competitive environment.
Why did most professional managers in the mid-1980s not realize the importance of Knowledge Management (KM)?
Why did most professional managers in the mid-1980s not realize the importance of Knowledge Management (KM)?
Most professional managers did not realize the importance of explicit and systematic Knowledge Management (KM) because little attention had been given to managing professional intellect, and the management of explicit knowledge using technical approaches was not widely known.
What is the fundamental factor behind an enterprise's success and all its activities?
What is the fundamental factor behind an enterprise's success and all its activities?
Knowledge is the fundamental factor behind an enterprise's success and all its activities.
What spurs the efforts for creating and generating value from knowledge assets within an organization?
What spurs the efforts for creating and generating value from knowledge assets within an organization?
What notion deals with the management of explicit knowledge using technical approaches?
What notion deals with the management of explicit knowledge using technical approaches?
Flashcards
Knowledge's Role in Competition
Knowledge's Role in Competition
Knowledge is vital for creating high-quality products and services, being responsive to customer needs, offering diverse options, and tailoring solutions. It is essential for businesses to succeed in today's competitive market.
KM's Importance in the 1980s
KM's Importance in the 1980s
Professional managers didn't fully grasp the significance of Knowledge Management (KM) back then because they didn't prioritize managing intellectual assets. Techniques for managing explicit knowledge using technology were also not commonly understood.
The Foundation of Enterprise Success?
The Foundation of Enterprise Success?
Knowledge is the core element that drives success and all operations within a company. Without it, a business cannot thrive.
Value Creation from Knowledge Assets
Value Creation from Knowledge Assets
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Managing Explicit Knowledge
Managing Explicit Knowledge
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Study Notes
Knowledge Management in Competitive Environment
- In the emerging competitive environment, knowledge plays a vital role in an organization's success.
- Knowledge is the fundamental factor behind an enterprise's success and all its activities.
Importance of Knowledge Management
- In the mid-1980s, most professional managers did not realize the importance of Knowledge Management (KM).
Value Creation from Knowledge Assets
- The recognition of knowledge as a valuable asset spurs the efforts for creating and generating value from knowledge assets within an organization.
Technical Approaches to Knowledge Management
- The notion of explicit knowledge management deals with the management of explicit knowledge using technical approaches.
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