Value of Knowledge Management in Healthcare sector.
What is Knowledge Management? Is knowledge management yet another management fad designed to hold consultants and conference organizers in high-paying jobs while diverting organizations' attention away from bottom-line performance and consumer focus? Is knowledge management a useful metaphor or a modern discipline that helps companies deal with the problems they face at the turn of the twenty-first century? While knowledge management is gaining popularity, much of the literature agrees that there are few, if any, demonstrations of the benefits of adopting it as a company-wide concept or implementation. On the other hand, everybody acknowledges that the knowledge-based society has arrived and that the organizations that can recognize, value, develop, and evolve their knowledge assets will thrive in the global information society. Many people believe that intelligence has become the most important strategic weapon for many companies. Knowledge, rather than capital or labour, is ...