Corporate Capabilities

" Knowledge management" is different from "information management". While the former targets collecting and distributing knowledge both explicit and tacit throughout the organization, the latter deals mainly with documented explicit knowledge or information only.

Most companies create, have access to, and use plenty of bits of knowledge, but neither efficiently, nor effectively.  >>>

The increased emphasis on knowledge management is attributed to rapid developments in the following areas:

On a practical level:

①  Shift to the new knowledge-driven economy dominated by knowledge-based enterprises and information-intensive industries

②  Rapid advances in information technology.

On a theoretical level, increased emphasis on knowledge in the strategic management literature, in particular:

①  Popularity of the new resource-based view of the company

②  Postmodern perspectives on organizations