Knowledge Integration in Strategic Management Dissertation

fellowship Integration in Strategic Management - Dissertation ExampleKnowledge Management has been discussed and described by several experts. Ron Young, chief operating officer of Knowledge Associates International has defined knowledge management as, the moderate of enabling individuals, teams and entire organizations to collectively and systematically create, share and apply knowledge, to better achieve their objectives(Knowledge Management, 2009). knowledge management is a growing and established discipline and is used in many large organizations. According to Pentland (1995), as cited in Alavi and Leidner (2001), organizational knowledge origin involves developing new content or restoring existing content within the organizations still and explicit knowledge. The start of the knowledge management was mainly in organizations in couplingern Europe and North America. However, this concept has grown and has become an essential aspect for companies across the world. Researchers have noticed over the long time that almost 75 80 percent of all large companies have a strong joust and formal knowledge management programs. Knowledge Management is slowly becoming a major and significant issue in companies. It is essential to understand that knowledge is a major economic challenge for companies in the future (Hewitt, 2000). For every innovative and successful organization, in that respect is a high need for creating, capitalizing and sharing the Knowledge capital. It is essential to understand that knowledge management is a program that is more of a long-term effort, and includes a strong need for strategic commitment and involves and includes the analysis of the knowledge and capabilities and tools in the company. Business Driver Since ages, there has been an extremely important and true saying, Knowledge is Power. Knowledge is the foundation for almost every action at law in everyday life. McInerney (2002) believes that knowledge management allows compani es to benefit from the knowledge that resides in an organization by utilise it to achieve the organizations mission. With the attention that is being provided to the products and services alone over the years, the most significant key to look upon creation has been missed out over the years.