The Knowledge Imperative

Why is knowledge management such an important issue for organizations today? Several factors contribute to this “knowledge imperative.”

Competitive Advantage

Factors such as increasing competition, globalization, and the new knowledge economy make sustained business growth more difficult than ever. Decreasing product differentiation, more market players, and reduced time to market make it tough to compete. Clearly, we have moved into an era where many companies view knowledge as their most competitive advantage.

Technology

Technology has influenced our rate of change and requires an adaptable, skilled, and educated workforce. Work is increasingly complex—partly because of technological changes and the race for market ...

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