Organizational Knowledge Management: A Necessity for Competitive Advantage

Abstract

Exciting changes are taking place in the business environment. Globalization, demographic shifts, technological breakthroughs, mergers and acquisitions, shorter product life cycles, individual attention and new values are few of the reasons for these exciting changes which are fuel led by advances in technology and integration of various economies. There is an increase in international competition due to the changes in the business landscape and the speed at which the changes are taking place.