What is Knowledge Management?
A definition of Knowledge Management
“Knowledge management is the process of creating, sharing, using, and managing the knowledge and information of an organization. It aims to improve an organization’s efficiency and save knowledge within an entity.”

Business Glossary > What is Knowledge Management?
Examples of Knowledge Management in a Sentence:
Knowledge management tools help organizations retain critical information.
Our company implemented a new knowledge management system last year.
Effective knowledge management can lead to better decision-making.
Why is Knowledge Management Important in Business?
Effective knowledge management is vital for organizations to maintain competitiveness, enhance customer satisfaction, and improve efficiency. By managing knowledge properly, organizations can facilitate decision-making capabilities and build a learning culture.
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Associated Terms
Here are some associated business terms and synonyms for “Knowledge Management”:
- Information Management
- Data Management
- Intellectual Capital Management
Google’s Knowledge Management
Google uses advanced knowledge management practices to innovate and optimize its search algorithms. By effectively managing organizational knowledge, Google maintains its leadership in the tech industry.
Final Notes on Knowledge Management
Organizations leveraging effective knowledge management strategies can improve innovation, reduce the duplication of effort, and enhance customer satisfaction. It is crucial for adapting to change and maintaining a competitive edge.
This has been a definition of Knowledge Management meaning.
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