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Unformatted text preview: Knowledge Management Jamie Rhoads OMM625: Learning Organizations & Effectiveness Instructor: Fabio Moro July 18, 2011 Knowledge management is the process through which organizations generate value from their intellectual and knowledge-based assets. Most often, generating value from such assets involves combining what employees, partners and customers know, and sharing that information among employees, departments and even with other companies in an effort to devise best practices. Todays business environment is characterized by continuous change. Actions from organizations in order to adapt to these changes must be anticipatory and based on a much quicker cycle of knowledge creation. Organizations must have a clear handle on how knowledge is discovered, created, dispersed, and put to use. This is why knowledge management is so important, if management is not able to control the information sent through their employees then the organization will not continue to improve within their industry and will no longer be a...
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This note was uploaded on 12/05/2011 for the course BUS 550 taught by Professor Rupe during the Spring '11 term at Ashford University.
- Spring '11