Benefits, Barriers and Solutions of Knowledge Management

While the main objectives of knowledge management are Lo safeguard an organization’s intellectual capital and protect employees’ intellectual property, the effort of capturing knowledge will in turn ensure that valuable information is transferred and used by another worker at the right time, resulti...

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Main Author: Fikry, Amily
Format: Article
Language:English
Published: INTI Publishing House Sdn Bhd 2005
Subjects:
Online Access:http://eprints.intimal.edu.my/293/
http://eprints.intimal.edu.my/293/1/2005_3.pdf
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author Fikry, Amily
author_facet Fikry, Amily
author_sort Fikry, Amily
building INTI Institutional Repository
collection Online Access
description While the main objectives of knowledge management are Lo safeguard an organization’s intellectual capital and protect employees’ intellectual property, the effort of capturing knowledge will in turn ensure that valuable information is transferred and used by another worker at the right time, resulting in the increase of employees’ independence, innovativeness, performance and productivity. These will then be translated in terms of increase in sales, revenue and shareholder value. However, there are barriers to knowledge management. Knowledge management requires change and expertise. Change has to be implemented within allowable time and cost constraints. Encouraging employees to share their knowledge with others requires incentives. The use of technological and psychological aids would help ensure the effectiveness of knowledge management practices.
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spelling intimal-2932016-05-16T06:02:47Z http://eprints.intimal.edu.my/293/ Benefits, Barriers and Solutions of Knowledge Management Fikry, Amily HD28 Management. Industrial Management While the main objectives of knowledge management are Lo safeguard an organization’s intellectual capital and protect employees’ intellectual property, the effort of capturing knowledge will in turn ensure that valuable information is transferred and used by another worker at the right time, resulting in the increase of employees’ independence, innovativeness, performance and productivity. These will then be translated in terms of increase in sales, revenue and shareholder value. However, there are barriers to knowledge management. Knowledge management requires change and expertise. Change has to be implemented within allowable time and cost constraints. Encouraging employees to share their knowledge with others requires incentives. The use of technological and psychological aids would help ensure the effectiveness of knowledge management practices. INTI Publishing House Sdn Bhd 2005 Article PeerReviewed text en http://eprints.intimal.edu.my/293/1/2005_3.pdf Fikry, Amily (2005) Benefits, Barriers and Solutions of Knowledge Management. INTI Journal, 1 (5). pp. 371-378. ISSN 1675-0284
spellingShingle HD28 Management. Industrial Management
Fikry, Amily
Benefits, Barriers and Solutions of Knowledge Management
title Benefits, Barriers and Solutions of Knowledge Management
title_full Benefits, Barriers and Solutions of Knowledge Management
title_fullStr Benefits, Barriers and Solutions of Knowledge Management
title_full_unstemmed Benefits, Barriers and Solutions of Knowledge Management
title_short Benefits, Barriers and Solutions of Knowledge Management
title_sort benefits, barriers and solutions of knowledge management
topic HD28 Management. Industrial Management
url http://eprints.intimal.edu.my/293/
http://eprints.intimal.edu.my/293/1/2005_3.pdf