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Knowledge Management Right Step Towards Success


Concept on company Logo


Knowledge Management

Concept on company Logo


My Understanding of Knowledge Management


INDEX CONTENT............................................................................ Page No.

Understanding Knowledge Management ............................................................................. page 6 BIG question WHY “Knowledge Management” .................................................................... page 7 Need of the “HOUR” Knowledge Management .................................................................... page 8 The “BENEFITS” of Knowledge Management ....................................................................... page 9

CONCLUSION ....................................................................................................................... page 10 Services I can Offer ............................................................................................................ page 13 Events, Expo & Plans ............................................................................................................ page 14-15


Understanding Knowledge Management:

Typically a Knowledge Management process involves: knowledge capture; knowledge organizing and knowledge storage; knowledge distribution; knowledge sharing. Ultimately, successful Knowledge Management results in the best possible means to apply and leverage the knowledge that has been captured, organized and stored, distributed and shared. It means that very little of the company's highly valued intellectual capital has escaped the Knowledge Management net. Virtually all the knowledge within the enterprise is harnessed, and will be used as part of the company's core business and competitive intelligence strategy.

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BIG question "WHY" Knowledge Management The question again is "Why should any company either a smaller-sized, enterprises, corporation and Giants companies are in today’s globalize economy when the world of business is shrinking may equally and providing many opportunities to compete on international level is in need of Knowledge Management for it?" Unquestionably every company irrespective of Small, Big or a Giant, need Knowledge Management. The current demand for Knowledge Management services is the result of the high uptake by large businesses. Innovative large companies and organizations now place great emphasis on Knowledge Management as part of their core business processes. These corporate giants have embraced Knowledge Management as part of their business strategy, including examining how they can better manage their intellectual capital. There is one overriding reason how after implementing Knowledge Management strategies; companies to gain a competitive advantage in the knowledge economy. “Companies can attain the best methods to audit and capture knowledge regarding both the explicit and tacit knowledge within their enterprise�.

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Need of the “HOUR” Knowledge Management: While it is true to say that every company have traditionally had a great understanding of the importance of tacit knowledge for their business enhancement, they have fallen behind when it comes to managing or leveraging the knowledge assets they possess. They have failed to fully exploit these highly valued knowledge assets, in order to help their businesses gain the kind of competitive edge that is so vital in this fast-paced knowledge-driven economy. This is the reason that every company must get back on the knowledge management track, as large companies seek to tighten their control of the knowledge market. The challenge for today’s businesses of deploying the knowledge assets of the company to create the necessary competitive advantage has become increasingly business critical. The knowledge driven, rocket-paced, global marketplace in which the smaller-sized company must operate is more vibrant and competitive than at any previous time in recorded history. “In addition, technological innovation improves at such a rapid rate, that to remain viable in the market place, every company must quickly capture, assimilate and use effectively 'just in time' knowledge”.

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The “BENEFITS” of Knowledge Management Among the core benefits for any company’s business development and improvement of an enterprise wide knowledge management system is a greater level of awareness of the company's knowledge. This improved awareness goes a long way towards saving time and effort, business entities that carries a premium price in today's fast-paced working environment.

Linked closely to the improved awareness is greater accessibility among the staff. This allows virtually all individuals within the company to combine knowledge and experience in the context of their own roles. “Knowledge within the company also becomes more easily available, and this knowledge can be used when and where it is needed”. Information technology tools now make it easy for employees to work away from the office, or base, just as effectively as they would on-site. With good knowledge management, 'just-in-time' information and knowledge is available whenever and wherever needed.

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“CONCLUSION”

Business intelligence practitioners worldwide generally agree that “In this knowledge-driven global economy, knowledge itself is a commodity that offers the only sustainable competitive edge”. Smaller-sized enterprises also need to know what their knowledge assets are then how to manage and make use of these assets to get maximum return. If smaller-sized companies are slow on their feet they will fail to respond competitively to the new global markets. Every company irrespective of its size, operations also need to know what their knowledge assets are then how to manage and make use of these assets to get maximum return. If a company is slow on their feet they will fail to respond competitively to the new global markets.

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My Role & Services


Categories Target Market Offering to customers

Monthly Tactics Distribution

Presentations

Positioning Statement

Ad & Promotion Strategy Branding Strategy Sales Strategy Marketing Research

Advertising Material Brand Content

Digital Production Events & Expo

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Beyond Academics An Emarati Initiative

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I wish to express my interest in providing services to Al Ain City with best of my professional services, which is consist of over 14 year experience in United States Corporate and Business world.

Business Development

Mohammed Mushtaq Ali

Tel 050 1544 174 ali@hiemirates.com

Event Management Organizational Management Planning & Branding Media & Advertising (Electronic, Print & Digital)

Knowledge Management  

My take on KM and its applications

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