A Literature Review on Knowledge Management in Organizations

Abstract

Knowledge management has become a factor that ensures the success of the organizations and the continuity of their businesses. Especially in today’s 21st century, organizations are competing to stay competitive. They must know how to implement and use knowledge management in effective ways. Knowledge has to be used in the organizational process in order to achieve sustainable competitive advantages. The aim of this paper is to give an overview of knowledge management and its importance in the organizations. The methods used to complete this paper are collecting data from published journals, conferences paper and books. The result shows that knowledge management is the main key for the organizations to stay competitive. Besides, knowledge management also creates innovation and ideas that are unique from others.