The Effect of Knowledge Management Processes on Organizations Performance

Abstract

With time, organizations are becoming more interested in managing knowledge processes. Since the beginning of the millennium, knowledge management has become the main concern of contemporary organizations. Due to its implications on efficiency and effectiveness, knowledge management is seen as an essential part of organizational reform and institutional building. Indeed, knowledge management has begun to attract more attention in light of the great challenges that organizations may face, and the steady increase in the importance of goals that knowledge management focuses on achieving to enhance productivity levels. This paper reviews knowledge management and its processes including creation, storage, sharing, application, and knowledge learning. Moreover, this article comes as an attempt to study this vital topic and to pay more attention to knowledge processes and their application as an effective management approach in contemporary organizations. This article aims to achieve three main objectives which are to present a clear view of knowledge management and its various processes that must be integrated in order to improve the performance and productivity of the organizations. The second objective is to identify the challenges that organizations may face in their approach to knowledge management. Third, coming up with a set of recommendations to improve knowledge management in contemporary organizations is another purpose of this article.

Keywords

• knowledge management
• knowledge management processes
• contemporary organizations
• performance