Knowledge management is undertaken with great zeal and initiative in today’s organizations and accounts for a key success factor for them too. It primarily addresses the ways in which organizations might manage the knowledge existing within its systems and its employees. It also provides the basis on which information technology may be used for leveraging the existing knowledge and creating or generating new knowledge too. A more effective solution is reached at when this knowledge is transferred or integrated into sets of policies for capturing and generating more knowledge.
The firms are considered to be a network of relationships existing between individuals, groups and sub units who are further embedded into a broader network of relationships with competitors, customers, suppliers, and other organizations. However, the superficial aspects of contexts and problems would have to be eliminated for the transfer of knowledge to be successful. This is also true that in cases where knowledge is applied inappropriately or in such contexts where is does not fit rightly, it is likely to result in fall in performance. That is why the topic of knowledge transfer has attained great importance and the field of research. ...Show more