Knowledge Management: Weekly Write Up

Name: Instructor: Institution affiliation: Date: Knowledge management Introduction Knowledge Management is the practice of assembling, organizing, and sharing useful knowledge throughout the business enterprise. Knowledge management is instrumental in promoting an inclusive and integrated approach that efficiently uses an enterprise's knowledge assets. As a result, knowledge management has become a conventional priority for business firms because it helps them to gain insight and understanding from their own experience. In all business firms, knowledge management is the responsibility of all employees. However, large firms have established knowledge management departments headed by knowledge managers to handle all issues related to knowledge. The knowledge managers use knowledge technology to collect knowledge from employees, customers, and even in the external environment of the firm i.e from competitors. The essence of collecting and managing such knowledge is to ensure that the business firm is always aware of ...