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Knowledge Management

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Why is knowledge management particularly important to a company that wants to become a learning organization?

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The solution explains the importance of knowledge management to a company that wants to become a learning organization. References included.

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Why is knowledge management particularly important to a company that wants to become a learning organization?

As per Wikibooks:
According to Rumizen (2002), "knowledge management is a systematic process by which knowledge needed for an organization to succeed is created, captured, shared and leveraged." For this reason, knowledge management involves leadership establishing processes, also defined as activities or initiatives, to help organizations adapt to an ever changing environment (National Electronic Library for Health, 2005). Successful knowledge management depends on processes that enhance individual and organizational ability, motivations, and opportunities to learn, gain knowledge, and perform in a manner that delivers positive business results.

Organizational processes that focus on these three attributes will lead to an effective ...

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