Knowledge Management System(KMS)
Knowledge Management System (KMS) is a business optimization strategy that identifies, selects, organizes, distills and packages information essential to the business of the company in a way that improves performance of employees and corporate competitiveness. The preservation and packaging of corporate knowledge (information) is relevant today. To compete successfully in today’s economy, organizations have to treat the knowledge that contributes to their core competencies as any other strategic, irreplaceable asset.
Knowledge Management involves following eight processes:
