Knowledge management (KM) is acquiring a pivotal role in the global economy and

Question

Knowledge management (KM) is acquiring a pivotal role in the global economy and a crucial importance for the competitiveness of both large firms and small & medium enterprises. Knowledge management software continues to evolve in response to new demands and challenges. Mention and describe few factors that would help the firms leverage KM strategies in the current scenario.

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Explanation / Answer

Solution:-

There are some critical factors which are responsible of success of firms leverages knowledge management strategies for business and organisation. These factors enables the knowledge management so these factors are also called knowledge management enablers. There are most important 6 factors which would help the firms leverage KM strategies in the current scenario.

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