Knowledge management Essay Example | Topics and Well Written Essays - 1750 words

cognition management - Essay exemplarcess of KM formation involves creation, capture, storage and distribution of knowledge or information, accepted for the organization during appropriate times. KMS get out aid the leaders in the overall functioning of the organization and will provide them a honourable back up to all their strategies. Actually, these systems by backing up the leaders will optimize their proceeding and it will directly show in the best performance of the employees. So, this paper will analyze this guinea pig of Knowledge counselling using the article titled Knowledge Management featured in the magazine, The Economist, and how that it is bouncy for the employee and organisational success.The article starts off with the words by renowned management guru, Peter Drucker, who in 1980s itself hypothesized that that Knowledge Management will be a key process in future for the optimum functioning of the organizations. The typical business of the future will be know ledge-based, an organisation composed largely of specialists who direct and elucidate their own performance finished feedback from colleagues, customers and headquarters. For this reason it will be what I call an information-based organisation. (The Economist).So, Knowledge Management will raise the efficiency level of the leaders, aid them in actualizing an optimal organizational environment and thereby will enrich the knowledge and skill of the employees. Focusing on the importance of employees in the process of Knowledge Management, the article opines that the content that is developed and stored in the heads and hearts of the employees need to be optimally used for optimizing organizational functioning. The article further states that the effective knowledge of the workers will become valuable assets or properties for the organization. So they need to be further developed and various forms of that knowledge also need to be preserved through technological means. They had become properties whose most valuable asset