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Understanding Knowledge Management Trends

While knowledge management may seem like a new concept, it is based on the idea that in today's fast-paced environment, effectively managing an organization's knowledge is essential to keeping up with changes and staying competitive. Knowledge management aims to create systems and cultures that facilitate internal communication and knowledge sharing. It has become a strategic priority for leading companies to promote collaboration, learning, and motivate employees to share their expertise and experiences. Embracing knowledge management allows companies to be flexible and easily adapt to new forms of business like e-commerce. Therefore, knowledge management is not entirely new but rather a discipline that is gaining importance for organizations to thrive in today's knowledge-driven economy.
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0% found this document useful (0 votes)
17 views2 pages

Understanding Knowledge Management Trends

While knowledge management may seem like a new concept, it is based on the idea that in today's fast-paced environment, effectively managing an organization's knowledge is essential to keeping up with changes and staying competitive. Knowledge management aims to create systems and cultures that facilitate internal communication and knowledge sharing. It has become a strategic priority for leading companies to promote collaboration, learning, and motivate employees to share their expertise and experiences. Embracing knowledge management allows companies to be flexible and easily adapt to new forms of business like e-commerce. Therefore, knowledge management is not entirely new but rather a discipline that is gaining importance for organizations to thrive in today's knowledge-driven economy.
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MINISTRY OF EDUCATION AND SCIENCE OF THE RUSSIAN

FEDERATION FEDERAL STATE AUTONOMOUS HIGHER


EDUCATION INSTUTION OF HIGHER EDUCATION
«SAMARA STATE AEROSPACE UNIVERSITY
named after academician S.P. KOROLEV
(NATIONAL RESEARCH UNIVERSITY) »

Faculty Economics and Management


Department Economics and Management
Program Quality & Product Lifecycle Management

EXPLANATORY NOTE

to the course project on discipline "Knowledge Management"

Subject: Essay “Knowledge management is not anything new?

Student A.M. Alvarez Camargo

Professor Н. Развейкина

Samara 2019
Knowledge management is not anything new?

Knowledge management is a new trend in the modern economy, which is slowly


becoming a clear factor in the success of organizations.

While being able to produce knowledge in a time like now, with a very high rate of
growth both in pace and depth of change, is difficult, it is imperative to innovate or
fall behind. This version requires organizations to recreate themselves permanently
generating new meanings in their interaction with the environment, which in turn
recreates the environment. Failure to effectively manage the main organic asset in
the knowledge era can simply mean a matter of life or death, economically speaking.

You can talk about knowledge management as something new, yes, it is a new
economic model based on knowledge that seeks to "create a system and build a
culture that facilitates the communication of what is necessary within the limits of
an organization" ( BUCKMAN, 1998). This model has a clear differentiating value,
providing competitive advantages thanks to its management.

Knowledge Management is a global strategic objective for companies of the first


level which allows creating synergies between the different lines of business, sectors
and territories, promoting a collaborative and learning environment, in which the
people who are part sit down motivated to share their information and their
experiences. Human capital, with the ability to learn and develop new knowledge,
becomes one of the differentiating values within companies.

Finally, the orientation of companies and people towards knowledge allows new
forms of business, such as e-business, to be easily assimilated by a living and flexible
organization. That is why knowledge management, although slowly, is about to
become a new discipline.

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