Knowledge is becoming the main driver of competitive advantage of enterprises operating in today's economic reality, hence the important role of knowledge management as a business process. Companies are faced with the challenge of learning how to operate in the knowledge economy. Knowledge is not another factor of production, supplementing the traditional factors of land, labor, and capital; it is the only important factor of production for modern enterprises. Knowledge has become the primary, not the auxiliary, means of production, and brings a completely new, unique character to society. A knowledge worker is one who works with what they have learned during their systematic education, as opposed to an employee who works with physical strength or manual skills. The aim of this paper is to present the basic aspects of knowledge management in the enterprise. The author of this work presents the benefits of skillful and efficient knowledge management in various organizations.
Copyright: © 2018 The Author(s)
Published by Human Resource Management Academic Research Society (www.hrmars.com)
This article is published under the Creative Commons Attribution (CC BY 4.0) license. Anyone may reproduce, distribute, translate and create derivative works of this article (for both commercial and non-commercial purposes), subject to full attribution to the original publication and authors. The full terms of this license may be seen at: http://creativecommons.org/licences/by/4.0/legalcode
