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Knowledge management (KM) is a strategy to manage an organization's knowledge assets that is proactive and systematic in its approach. This encompasses identifying, capturing, organizing, retrieving, and applying an organization's collective knowledge. Knowledge management (KM) must better use the knowledge inside the company to increase organizational performance. It is possible to attain this aim in various ways. However, some of the most popular include the development of corporate memory, the utilization of information maps, and the performance of knowledge audits.

Knowledge management is a vital component of every modern organization's success. A critical component of knowledge management is ensuring that your staff has access to the appropriate tools and resources for accessing and sharing information. Such initiatives might involve things such as a corporate intranet or wiki, or they can give staff the proper training to access and use information efficiently. One of the most difficult issues in knowledge management is convincing people to really use the knowledge management system that has been put in place. This may be accomplished in a variety of ways, including by fostering a business culture that encourages knowledge sharing and offering rewards to employees who utilize the KM system. It is possible to improve organizational performance and avoid many potential problems by taking a proactive and methodical approach to managing your organization's knowledge assets.

In this workshop, participants will understand the fundamentals of knowledge management and how to put it into practice in their businesses during this program. Included will be a discussion of the benefits of knowledge management, popular approaches for establishing KM, and best practices for ensuring that your KM system is used effectively in your organization.

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