Knowledge Management: Strategic Handling of Knowledge in Organizations

Knowledge management refers to the systematic acquisition, organization, storage, and dissemination of knowledge within an organization to improve decision-making processes, innovation, and overall performance.

Core Processes of Knowledge Management

• Knowledge Acquisition: Gathering data, information, and knowledge from various sources, including experts, documents, and databases.

• Knowledge Storage: Organizing and storing knowledge in a format that is easy to access and search.

• Knowledge Distribution: Sharing and distributing knowledge within the organization, often through training programs, internal networks, or knowledge databases.

Knowledge Management Models

• SECI Model: This model describes the transformation of tacit and explicit knowledge through processes of Socialization, Externalization, Combination, and Internalization.

Importance of Knowledge Management

Effective knowledge management enables organizations to optimize their existing knowledge, promote innovation, and secure competitive advantages. It helps improve efficiency and enhances decision-making processes.

Conclusion

Knowledge management is a crucial factor for the success of modern organizations. Through systematic knowledge handling, companies can increase their performance and thrive in a dynamic environment.