April 20, 2013

Gather, Retain and Use

This course has been about managing a company’s assets with the use of knowledge management tools and techniques.

Knowledge management in itself is a very vast subject and can be considered to be very helpful in the success of most companies these days. The aim for these companies is to acquire, retain and distribute the knowledge gained within the company and make it available to every individual to use for the betterment of the company.

Knowledge management for each company can be different as it depends on the size of the company how well it can gather, retain and use that knowledge. Large companies tend to use a sophisticated IT system to gather, retain and use knowledge whereas SME’s would not opt to invest a heavy amount of money in to an IT system due to lack of funds etc. They would rather invest in training, workshops etc.

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