Impact of Knowledge Management

Abstract

Knowledge Management is a multi-billion dollar worldwide market. Knowledge management has become a fashionable term in organizations today. We can define knowledge management as the discipline that promotes an integrated approach to identifying, capturing, retrieving, sharing and evaluating an enterprise's information assets. These information assets may include databases, documents, policies, and procedures as well as uncaptured, tacit expertise and experience resident in individual workers. To study the awareness about knowledge management among the employees and the prevailing knowledge based environment in the concern. The researcher focus on the to analyze and factors affecting the productivity& profit of the concern, to analyze the various knowledge development activities and its impact on motivation of the employees. he find about majority of the respondents accept that they have knowledge about work majority of the respondents feel that their knowledge improve them (60%), majority of the respondents said that they will work under the guidelines only. (60%), majority of the respondents agree that they share knowledge related information daily with others (50%).50% of the respondents are attending the training programme, Tacit knowledge must specifically consider when planning an outsource by the valuable knowledge finally once a decision has been taken for a specific knowledge management and it is very useful to attain the goals of an enterprise.