April 09, 2011


We have seen the importance of the asset management how we can manage our assets effectively through different aspects like facility management, resource utilization, security, health and care etc. The knowledge management is also very important and is interlinked with asset management and poor management of one can affect the other and the overall result of the organization. Knowledge management is concerned with strategies and policies to management all the knowledge that is generated through organizational processes and practices. The flow of knowledge is really important within an organization and it brings continuous innovation and as a result competitive advantage. It is a process that looks into how the knowledge is generated in the first place and then helps in the development of strategies and plans to store distribute and implement that knowledge within an organization.

The knowledge management is really important since it brings competitive advantages and continuous improvement within an organization. A company with a poor knowledge management system can never be as effective as a company with an excellent system. So, we should highlight the importance of knowledge and knowledge management system when we enter any organization whether it is of any size because knowledge management is important for all kinds of organizations. It will definitely bring good results for our organization and will help it to achieve excellence in the future.     

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