The Impact of Knowledge Management on Organizational Productivity in Nigeria

Description

Download The Impact of Knowledge Management on Organizational Productivity in Nigeria. Business Administration students who are writing their projects can get this material to aid their research work.

Abstract

Retention of enterprise of key personnel and improved interaction between people, technology and processes continue to drive investments in knowledge management (KM) initiatives. Since seventy percent of the employee’s knowledge is tacit knowledge that is stored in long-term knowledge resources and activities.

An organization continues to be challenged by the dynamic nature of competitive global market place, the necessity to outsource critical knowledge tasks and manage rapid turnover of key personnel, it has become imperative that managers implement knowledge management (KM) practices.

An effective knowledge management (KM) application for preserving knowledge base within the firm is presented. The study was carried out in Nestle Nigeria Plc Enugu Depot. The data for this research was collected from the distribution of questionnaires to various respondents.

A total of thirty questionnaires were distributed in which twenty-seven were completed and returned. The statement of the problem deals on how an organization have the problem of planning for the human resources recruitment, selection and employment of qualified persons who are knowledgeable enough to acquire and manage for efficiency. 

Introduction

Knowledge management is concerned with the creation of structures that combine the most advanced elements of technological resources and the indispensable input of human response and decision making (Scarnbrough, 1999:70).

Corporations have always had experience and integrate it with knowledge acquired from outside sources (Polanyi, 1958). However, not until recently have scholars and practitioners alike become increasingly attracted to the science of applied knowledge within organizations.

This work investigates the vital link between the management of knowledge in contemporary organizations and the development of sustainable competition for efficiency in the Nestle Food Nigeria Plc Enugu Depot.

The researcher chooses Nestle Food Nigeria Plc as it deems necessary considering the fact that no virile manufacturing organization can perform effectively without adequate information gotten from reliable sources and from those who are knowledgeable about the facts.

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