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1 page/≈275 words
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Style:
APA
Subject:
Management
Type:
Essay
Language:
English (U.S.)
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Topic:

Understanding Knowledge Sharing

Essay Instructions:

Knowledge Management
Prior to beginning work on this discussion forum, review the Why Knowledge Management Is Important to the Success of Your Company (Links to an external site.) article.
https://www(dot)forbes(dot)com/sites/lisaquast/2012/08/20/why-knowledge-management-is-important-to-the-success-of-your-company/?sh=26886333681c
Given the rate of technological change and global market pressures, there is considerable change and uncertainty in many organizations. Organizational value is determined more by knowledge (intellectual capital) rather than the traditional factors of productions (land, labor and capital). Review the concept of knowledge management and how human resources can create the conditions for the effective sharing of knowledge within and throughout the organization. Your original response to this discussion question should be a minimum of 200 words.

Essay Sample Content Preview:
Knowledge Management
In today’s environment where technology has become a norm, knowledge sharing is extremely valuable to organizations. In her article, Quast (2012) shares how knowledge sharing determines the success of an organization. It is quite interesting that Fortune 500 organizations lose billions of dollars annually by not sharing knowledge (Quast, 2012). According to Quast (2012), knowledge management promotes decision-making capabilities, builds a learning organization, and drives innovation and cultural change. It is easy to see how these benefits are crucial for the success of the modern organization. HR can play a big part in creating a work environment that promotes effective sharing of knowledge.
HR can put up systems that promote fast and easy sharing of knowledge among different levels and departments in an organization. The HR can foster interdepartmental collaboration by designing work to be accomplished by individuals from different d...
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