Knowledge Management: A key for Achieving Sustainability in the Organizations with Special Reference to the Bikaner City

Dr. Richa Yadav

doi:https://doi.org/10.51976/gla.prastuti.v2i2.221308

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Knowledge Management: A key for Achieving Sustainability in the Organizations with Special Reference to the Bikaner City

Richa Yadav

https://doi.org/10.51976/gla.prastuti.v2i2.221308

Published Online: January 17, 2014

Author Details ( * ) denotes Corresponding author

1. * Richa Yadav, Assistant Professor, Govt. Engineering College Bikaner, Bikaner, Rajasthan, India (richadyadav@gmail.com)

Organizations are complex organisms. In this information age, in order to grow and prosper, an organization must become a learning organization that understands both its roots and can branch out to new ventures. All organizations whether profit making, non-profit, and voluntary, share some of the same needs for sound knowledge management practices. Even non-profit organizations must use sound business practices to ensure prosperity.

Knowledge is seen as a driver for the definition and development of an organizational strategy and a key determinant of sustainable organizational competitiveness. The shift to knowledge as the primary source of value means that knowledge plays a key role in the organizational effectiveness. Knowledge management is a process to gather, store and retrieve knowledge and then help disseminate the information and knowledge to those who need it in a timely manner.

This paper highlights the importance of developing and managing the intangible assets and intellectual capital of organizations to create distinctive and sustainable value. It is an earnest attempt to the use of Knowledge Management as a tool for achieving strategic advantage in today’s extremely competitive market scenario, with reference to the industries in the city of Bikaner, Rajasthan. Some of the factors that will impact knowledge management initiatives in the organizations at Bikaner have also been identified.

Keywords

Knowledge, Knowledge management, Knowledge sharing, Strategy, Sustainable competitive advantage.

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