Knowledge Management: A Key to Success for an Organization

Abstract

Globalization has shrunk the world, boundaries are getting eliminated, and this is forcing organizations to adopt the changing technologies for business process implementation.  In this changed scenario of the world, knowledge management has gained a lot of significance to deal with the uncertainty and complexity in which business is operating. Knowledge Management is helping the business organizations in improving output, increase in operational flexibility, generating motivation in the workforce and is also helping in talent retention which is the area of grave concern for today’s organizations.