Overview
Knowledge Management (KM) is essential for organizations to harness their collective knowledge effectively. It involves processes for capturing, sharing, and retaining knowledge, which can lead to improved decision-making and innovation. By implementing KM practices, organizations can enhance collab...
Key Terms
Example: Knowledge of market trends helps businesses make informed decisions.
Example: Team meetings are a common way to facilitate knowledge sharing.
Example: Documenting processes helps in knowledge retention.
Example: Slack and Microsoft Teams are popular collaboration tools.
Example: A community of practice for software developers can share coding best practices.
Example: Using version control is a best practice in software development.