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Knowledge Management & Organisational Learning

In: Business and Management

Submitted By cheritas
Words 2758
Pages 12
1. Introduction
For many years, organisations have been anxious about constructing, attaining, converse knowledge and improving the consumption of knowledge. However, in the early 1990s, Knowledge Management (KM) started emerging as human beings are unable to utilise their full potential of their brains. This leads to organisation are unable to totally exploit the knowledge that all human beings hold. In today’s global economy, Knowledge has become essential and it creates significant competitive advantage for any organisation (Gunnlaugsdottir, 2003).
By using KM, organisations are able to attain or construct valuable knowledge and to make it accessible to those who can utilise it correctly to accomplish utmost efficient procedure in order to completely control organisational performance. Organisational Learning (OL) is corresponding to KM. In the early centuries, OL are referred to as decoding suggestion from learning into practice that direct performance (Levitt and March, 1988). In other words, OL has to execute with embedding what has been taught into the framework of the organisation. 2. Definition of Knowledge Management and Organisational Learning

3.1 Knowledge Management
Knowledge management (KM) refers to the process in which organisations acquire or create useful knowledge and make it available for employees to utilize at the proper time and place in order for them to achieve the most effective usage in for optimal organisational performance. It involves planning, organizing, motivating and controlling of workers and arrangements in the firm to make sure that knowledge related assets are improved and effectively employed.
Two types of knowledge are emphasized in KM practices. fig 2.1
Tacit knowledge is ingrained in the minds of employees and is difficult to articulate (Argote, 2000). Most knowledge is tacit in nature and is developed

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