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Essay on Knowledge Management Initiatives
The paper will take into consideration the topic of knowledge management initiatives with respect to the most renowned company which is the General Electric .the discussion will be based on the facts such as how does General Electric Co. institute Knowledge Management (KM) throughout its company, focusing on assessment products and process, community of practice, strengths and weakness. As far as General Electric is concerned it is one of the most successful companies in the world just because of the system that the organization follows.“GE people worldwide are dedicated to turning imaginative ideas into leading products and services that help solve some of the world's toughest problems” (General Electric). The success, which has been gained by the company, was due to the implication of knowledge management with in the organizational system. The concept of knowledge management is essential to be understood because the organizations have realized the importance of the techniques, which are used by knowledge managers. The organizations, which have adopted the techniques of knowledge management, have gained success as compared to those organizations, which have not yet introduced the dynamic techniques of knowledge management.
The firms who have already adopted the Knowledge Management and its techniques should also try to convince the other organization so that they can also adopt these techniques to meet the requirements of their customers and to improve their quality of services. “Knowledge management is a relatively new and developing area which has introduced a methodology for the planned capture and re-use of organizational knowledge”(Knowledge Management). The firms should introduce to the world that the implementations of the knowledge management and its technologies have made them independent to meet the demands of their customer. It has reduced the cost of the firms and it has opened new channels for the delivery of the services to the customers............
