Suchipriya

Unlocking the intangible asset - 2001 - p.14-21 - Apr-Jun

In this era of intense competition and technological advance, an organisation can gain competitive advantage only through leveraging and harnessing their `Intellectual capital' i.e. knowledge in the minds of their people. Therefore, in the race to collect and translate information into advantageous and meaningful business decisions, corporates are placing more emphasis on knowledge management. They have started recognising Intellectual capital as a key asset, which plays a broader role in developing competitive advantage. The challenge corporates are facing is the successful strategic management of knowledge management systems, to increase its value and utility in the most realistic way. This paper gives an insight into the growing importance of knowledge management in industries, the key drivers for implementation of knowledge management systems and practices and suggests how the corporate can leverage upon the brainpower through knowledge management? - Reproduced


Management

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