Answer to Question #209508 in Management for Prabhdeep

Question

SUBJECT : KNOWLEDGE MANAGEMENT

Give an essay about various knowledges attributes ( give any 8 attributes with elaboration ) and the role played by the various attributes in an organization , give any 7 points for role with elaboration?

Answer 1

The understanding of knowledge attributes brings transformation. There are numerous attributes of knowledge described therein; if knowledge is applied, the benefits are evident, learning can be re-used since its contextual. Over time the values of expertise might change, and they can be maintained or renewed. Sometimes ability can be challenging to capture, distribute and even transfer. Knowledge enhances sense-making and effectiveness as well as promotes higher learning. The backbone of knowledge creation and use is technological innovations with time.

Knowledge is very crucial in decision-making and transformation. These attributes are helpful to organizations for the help in the decision-making process. The success of any organization depends on how they apply the knowledge they have gained with time in their area of expertise. The change of knowledge in any organization may promote product and service innovations which make them more competitive. Re-using of knowledge helps top management of an organization conduct business operations with keenness to avoid repeating mistakes in the near or far future. Developing Knowledge processes aids organizations to come up with prototype projects they are targeting to achieve.