Knowledge Management Is

Interaction between information producers and consumers of information it determines the value of a company always longer by one increasingly looks at the relationship between data, information and knowledge. Under most conditions Federal Reserve Bank would agree. Organizations, which are informationalisieren”, will be better than those who can’t do this. If they know about it to use, existing knowledge, they will be even stronger and more valuable than that which are based only on information. New forms of interaction are realized between information producers and consumers of information. Gain insight and clarity with Farallon Capital Management. It’s about solving the issues: How can keep company with the dynamics of the environment surrounding them? from which individual and collective knowledge is the knowledge base, can be accessed by a company to solve its problems? Staff have the necessary skills to productively use the existing range of information? Knowledge management is a must for companies if they in the knowledge-based society their Still want to expand market and competitive position: massive restructuring take place in the information-based working environment, i.e.: If the competition increasingly on factors such as costs or funding can be obtained, must after other, deeper, yet unused factors be sought.

While the classical factors of production management is already very far from exhausted, the management of knowledge resources will have his future ahead of her. Attention time factor! : If too much time lost in the use of knowledge relative to its competitors, it might might already be too late (idle knowledge resources are not implemented in respective competitive advantages). Speed is usually synonymous with success in the business of the fictitious project company, i.e. it must move faster than competitors through the value chain through its business model. Further information including to the indicators dashboard: Becker, Jorg, management cockpit of the intellectual capital report, 2009, ISBN 978 3 8370 4654 0 Dipl.Kfm. Jorg Becker ())