LEADING KNOWLEDGE MANAGEMENT FOR ORGANISATIONAL LEARNING Essay - 1

LEADING KNOWLEDGE MANAGEMENT FOR ORGANISATIONAL LEARNING - Essay ExampleNowadays, with the support of fellowship management, numerous instruments and models of intimacy management are obtainable to organizations to acquire competitive advantage. Such development provides advocator to organization to manage and deal with actual business issues without difficulty. Organizations are in the habit of sharing and having to gestate knowledge to employees. However, there are challenges while transmitting important knowledge. Technology can contribute to the reality of knowledge but cannot stimulate or motivate knowledge sharing without the involvement and commitment of lot within the organization. Hence, knowledge management can be viewed as either system or a model which will facilitate the development of processes to gather and share knowledge.Oil companies, like British Petroleum, moderate according to the capacity and capability of its human resources, technologies, infrastructure , and natural resources. If one of the components changes, it affects the production, planning, and processes of the industry. In the present global setting, ground on the technological and social development worldwide, organizations are obliged to adopt knowledge management systems as an important technique to manage the global competition and to enhance their ability to overcome challenges in their trading operations regardless of the organizations size. Hence, knowledge management becomes the most important component for the oil industry. knowledge of the top management and executives within the oil industry probable to retire in the near future, if not efficiently managed, may result in loss of knowledge or produce vast knowledge gap, particularly in the oil industry. In these circumstances, mere knowledge management can offer slipway to solve knowledge loss.Oil firms, like British Petroleum, were early implementers of knowledge