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Explain why

The adoption of Knowledge Management (KM) practices and strategies within organisations is a response to the current “knowledge-based economic revolution” (Neef 1999). The revolution has been facilitated by shifts from analogue to digital communications, the reorganisation of organisations through innovative BPR, complex real-time supply chains facilitated by eMarketplace solutions, employment upskilling, the accelerated pace of change, expansion of global telecommunications, the opening of new global markets and the lowering of trade barriers, global relocation, and the changing nature of the organisation.

Thus, the organisation’s external environment feeds and expands on the wave of different forms of innovative knowledge creation. This requires the organisation to adopt a method of metamorphosing; pulling at its stores of knowledge to create an inimitable competitive edge.

Nonaka (1991) states; “In an economy where the only certainty is uncertainty, the one sure source of lasting competitive advantage is knowledge... Successful companies are those that consistently create new knowledge, disseminate it widely throughout the organization, and quickly embody it in new technologies and products.”


For KM to be successful, a shift in nature and norms are necessary whereby “knowledge is collectivised so that it is no longer the exclusive property of individuals or groups” (Carter and Scarbrough) within a supported, collaborative corporate culture. This change in attitude from focus on the personal ascent of an individual to the ascent of the organisation as a whole requires a conscious holistic shift of the management of human resources.

Thus, the combination of modern day collaborative technologies, combined with resource-based strategies geared to continuously create and disseminate innovation and knowledge is a clear method of steering an organisation head-on into the storm of the fast-moving highly competitive environment.

This is testimony to why in the global-knowledge environment, (where up-to-the-second information and knowledge is required on an adhoc basis), an organisation must prove itself to have committed KM policies, procedures and practices in line with the business strategy, that ensure the quality, accuracy and regeneration of its knowledge in order for the organisation to evolve as a learning entity.

Some topics in this essay:
Units SBUs, Nonaka Takeuchi, Knowledge Management, Organisation HPWO, Soliman Spooner, Storey Quintas, Scarbrough Carter, Moreover HR, Felstead Storey, Carter Scarbrough, human resources, “lessons learned”, et al, soliman et al, hr executives, business strategy, al 1999, soliman et, competitive advantage, knowledge create, knowledge creation, et al 1999, strategic data bank, storey quintas 2001, human resource management,

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Approximate Word count = 2145
Approximate Pages = 9 (250 words per page double spaced)


  

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