What do you mean by knowledge management? Describe the prerequisites and major challenges of knowledge management?
Knowledge Management: Knowledge Management (KM) refers to the process of identifying, capturing, organizing, storing, retrieving, and sharing knowledge within an organization to enhance its performance, innovation, and decision-making capabilities. KM involves the systematic management of both explicit knowledge (codified and documented information) and tacit knowledge (personal expertise, insights, and experiences of individuals). The goal of knowledge management is to create a knowledge-sharing culture, promote collaboration, and leverage the collective intelligence of an organization to achieve its objectives effectively.
Prerequisites of Knowledge Management:
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Knowledge Culture: A supportive organizational culture that values knowledge sharing, collaboration, and continuous learning is essential for successful ________ _____ _______ _____ ____ ___ ____ __________ _____ _________.
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