Knowledge Management in SMEs

KNOWLEDGE MANAGEMENT

In

SMEs

IN COLLABORATION WITH

PROFFESOR A. SEETHARAMAH

ASSOCIATE DEAN

MBA CENTRE

MULTIMEDIA UNIVERSITY

CYBERJAYA - MALAYSIA

January 2006

ABSTRACT

As the new century is characterized by the earned run average of cognition and information, these terminologies affect each and every aspect of our effortless life as individuals. Obviously the role of these concepts is stronger in stage business levels. So as to benefit from the implication of companionship, first and first one should determine the various functions of it. Small-Medium size Enterprises, compose a large portion of todays businesses, thus, practical extension of such(prenominal) a concept to dipper stratums of SMEs is essential.

This case considers the importance role of Knowledge Management (KM) in small and medium size enterprises (SMEs) and the appropriate KM techniques for such organizations. This study relates and analyses the conceptual approaches appropriate for experience management in the region of SMEs. In this regard, theory suggests that this is an important area of action mechanism which should be considered. However, a dilemma exists, as there is no in-depth study on which to base this research. Given this lack of existence, it is inevitable to look at antecedents to identify areas of appropriateness for the chosen context.

INTRODUCTION

Today, Knowledge has become one of the most slender driving forces for business success. Organizations are becoming more knowledge concentrated, hiring minds more than hands, and the need for leveraging the value of knowledge to a large extent is increasing. As a result, knowledge has been treated systematically much like other open resources and many organizations are exploring the field of knowledge management (KM) so as to improve and sustain their competitiveness. In this regard, organizations need to be aware of the factors that will affect and drive the success of a KM initiative. Most of the studies have not...

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