Many organizations have realized that knowledge is the most significant resource in the today’s economy. Knowledge can be defined as the process of interpreting information and past experience into a meaningful set of relationships which are understood and applied by an individual (Kaur2, 2014). It is also regarded as intangible, dynamic, and difficult to measure, but without it no organization can last. To add value to knowledge there is a need for Knowledge Management (KM). KM is getting remarkable attention and is considered as a key domain within the business as well as in the research arena. It is rapidly becoming an integral part of business (Iqbal, 2012).
Furthermore, KM empowers organizations to gain insight and understanding …show more content…
The problem is that much of this tacit is not easily amenable to this treatment. It cannot be captured or converted easily and much of it is unspoken and unrecorded (Callahan, 2007). There two types of knowledge in the KM arena and are categorized as Tacit Knowledge and Explicit Knowledge. Tacit knowledge is more likely to be personal and based on individual experiences and activities. In contrast, Explicit knowledge typically refers to knowledge that has been expressed into words and numbers. Such knowledge can be shared formally and systematically in the form of data, specifications, manuals, drawings, audio and videotapes, computer programs, patents, and the like (Becerra-Fernandez & SaBherwal, …show more content…
To identify the key knowledge enablers for the implementation of KM in organizations
3.1.2. To investigate the impact of KM on organizational performance
4. RESEARCH QUESTIONS
4.1. Primary Research Question
The research intends to investigate the impact of knowledge management to the success of an organization. The main questions that the research intends to answers are as follows:
4.1.1. What is the relationship between KM processes and organizational performance?
4.1.2. What is the relationship between knowledge enablers and organizational performance as the foundation for the organizational competitive advantage?
4.1.3. How can organizations increase organizational performance by managing knowledge effectively?
4.1.4. How KM strategies can support knowledge management processes?
4.2. Secondary Research Question
4.2.1. How effective is KM to the organization in the achievement of goals, keeping up with competition on other organizations?
4.2.2. What are the characteristics of a complete knowledge management framework?
5. JUSTIFICATION FOR THE