| Knowledge Management and Role of HR, Drucker, organizations
of the future, knowledge-based,
employ specialists, direct and discipline,
own performance, organized feedback,colleagues,
customers and corporate, headquarters,Knowledge
management,concept with people. at the center
stage has, thus, emerged as a new management tool
in the corporate world, which this article proposes
to discuss.
In
the recent past, knowledge and knowledge management
have generated a lot of interest among corporate leaders.
It is of course the advent of information society
and its move towards "knowledge economy"
that has brought knowledge and the importance of its
management within organizations into forefront. But
this doesn't mean that there was no knowledge earlier
and that people were not concerned about its management.
Knowledge has been with us since mankind came into
existence. Indeed, it is the accumulation and application
of knowledge over centuries that transformed the agrarian
society into industrial society and ultimately into
information society. The only difference from the
past is that today knowledge has become one of the
key factors of production. In fact, many are now considering
knowledge as the only economic resource in the knowledge
society. The very fact that we consider today's economy
to be knowledge economy places "knowledge"
at the center-stage. Against this background, this
article attempts to define what is knowledge, and
what for and how knowledge management is accomplished,
and the key role of human resources in effective knowledge
management.
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