Corporate Capabilities

" Knowledge management" is different from "information management". While the former targets collecting and distributing knowledge – both explicit and tacit – throughout the organization, the latter deals mainly with documented explicit knowledge – or information – only.

Most companies create, have access to, and use plenty of bits of knowledge, but neither efficiently, nor effectively.  >>>

The increased emphasis on knowledge management is attributed to rapid developments in the following areas:

On a practical level:

①  Shift to the new knowledge-driven economy dominated by knowledge-based enterprises and information-intensive industries

②  Rapid advances in information technology.

On a theoretical level, increased emphasis on knowledge in the strategic management literature, in particular:

①  Popularity of the new resource-based view of the company

②  Postmodern perspectives on organizations