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For
centuries, organizations have understood how to manage financial
and physical assets, yet only recently have they turned their attention
to leveraging knowledge as one of the
strongest sources of competitive advantage. Today, 80 percent of
Global 1000 firms have knowledge programs in place, as do large
numbers of government agencies and NGOs. Other organizations have
only started thinking about managing knowledge. All these efforts
are driven by important realities: knowledge is a sophisticated,
high-value resource to be leveraged for greater effectiveness, efficiency,
and innovation—and distinctive competence lies in the way organizations
manage knowledge.
What
does managing knowledge mean?
According to current business thinking, managing knowledge is perhaps
best defined as knowing what to do with what is known. The management
of knowledge in organizations, however, has undergone a progression
over time—from information technology projects to fully staffed
knowledge programs to pervasive knowledge perspectives.
When plug-and-play initiatives for managing knowledge proved ineffective,
organizations abandoned their traditional belief that technology
was the most important aspect. Instead, they began focusing on knowledge
as a valuable resource to be created and used at all levels of the
organization and embedded in the jobs and processes of all workers.
What
is required of leaders?
The formidable leadership challenge is positioning knowledge at
the heart of every line manager's job. Since most knowledge resides
not in hardware and software but in people's heads and in organizational
routines, managers must develop the capacity to capture and codify
knowledge, to exploit intellectual capital as a prime means of adding
value, and to leverage ideas and initiatives across the entire organization.
Our
exclusive Executive Workshop
Profiting
from Knowledge:
Planning, Decision-making and Implementation Tools
offers senior-level
managers a unique, comprehensive look at leveraging knowledge as
a core competency. The program is designed to provide a rich understanding
of knowledge, as well as an advanced, research-based view of the
21st century knowledge-based organization.
Ultimately,
the program prepares participants to help their organizations
develop the knowledge edge essential to sustaining competitiveness.
To
know more about how you can achieve breakthrough results through our
insight-packed and engaging customized workshops please send your
queries and requests to: ExecWksp@AnoovaConsulting.Biz.
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