KBAM: Knowledge Management
The fundamental goal of knowledge management is to leverage an environment in which individuals can share their knowledge and expertise through continuous learning and development. Albeit knowledge management programmes have been incorporate in various organizations all over the world, organizations have encountered certain barriers that have inhibited or posed limitations preventing effective knowledge management. The existence of these barriers could imply that there is a lack of emphasis given to knowledge management in organizations, which sounds uncanny in today’s corporate environment. The barriers also suggest that there are gaps in setting clear goals and objectives in organizations, and in providing the relevant training and experience to employees. Although understanding, storing and sharing knowledge is difficult and challenging at times, especially in reference to tacit knowledge, it is essential for the smoother functioning of the organization.