The idea of viewing organizational knowledge as a priceless asset to organizations has been popularized by management teams and organization theory scholars for a long time. Organizations understand that in order to stay competitive in the market, they must effectively and efficiently generate, disseminate, apply, and protect the organizations' knowledge, and have the capability to use that knowledge on specific problems and opportunities encountered. Even though lots of organizations realize the importance of knowledge management …
showed first 75 words of 457 total

showed last 75 words of 457 total
…across the workforce and further encountering is more likely to be avoided. Knowledge is similar to organizational culture. It requires nurturing, monitoring, and assessing overtime. Organizations should not try to retain knowledge forcefully. Instead, knowledge should be taught to the workforce like organizational culture. The smart solution is to keep knowledge flowing within the organization rather than being kept in one place. More importantly, a strong organizational culture of communicating knowledge across workforce is required.