Knowledge Management: Leveraging Competitive Advantage & Organizational Competence – A Study of Indian Organisations in General

Abstract

Today the concept of knowledge management is studied as a “competitive advantage of the firm”
and human resource as “knowledge capital”. Knowledge Management (KM) has made its entry
in both public and private sectors of India. There has been advent of information technology in
the last decade and the emergence of knowledge worker and the knowledge economy. There is
focus on effectiveness of the organization through internal collaborations and process of
knowledge Management and knowledge management systems. Information and communication
technologies and human capital congruence is playing an important part in leveraging
knowledge for individual’s personal growth and organizations competitive advantage which
helps in economic development. The paper aims to review the latest knowledge management
developments and practices of KMS.