Knowledge Management Assignment

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"The Only Way To Cope With a Changing World Is To Keep Learning" The nature of organizational work has evolved drastically in recent years in terms of self-managed teams, de-layering, re-engineering, IT enabled working, etc.

Organization in the recent years has been focusing on learning methods rather than providing the monotonous training to their employees.

This is because mere just giving the knowledge about work will not help the organization's to grow in this changing world.

In the year 1998, Patrick Dixon in the book Future wise: six faces of global change, predicts that the organizations can cope up with the change only through advanced learning.

Learning can be referred to as a phenomenon of acquiring or modifying existing knowledge, skills or value so that an individual can develop their personality with respect to that learning area (Holsapple, 2013).

The management of the organization needs to take initiative to share the right knowledge to the right people and at the right time.

Ensuring this will enable the company to maintain its competitiveness in the market and utilize the knowledge and resources of the organization in the right time (Litvaj and Stancekova 2015).

Knowledge management is highly important factor for the success of any busness organization.

The business organizations that efficiently share the internal knowledge and information ensure a long term success in the organization.

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