Knowledge Management Essay Example | Topics and Well Written Essays - 250 words

Knowledge Management - Essay ExampleThis paper, will therefore, discuss roughly of these challenges facing companionship management with regard to business community located in Latin the States and Caribbean.The major challenges facing companies is how to disseminate crucial information to all members of the organization and to the flinching parties in well timed(p) and proper manner. This challenge is trigged by lack of proper synthesizing of the information processing technologies and the lack of ability in members to learn and apply technology to improve human relationship.Another challenge is the management of individuals in knowledge and information sharing to spend a penny a common harmonious working team. The challenge includes the ability of the friendship to change the minds of its followers, to create a common understanding. The big challenge here is on how the company should create a culture of sharing, learning, innovation through the collective knowledge and intel ligence of people it works with.Adapting to changes and tractability is another challenge that whitethorn face the company operating in these fast growing economies. The company may encounter difficulties in executing the contracts due to the rapid changes in information flow concerning policies and regulations in the business sector. The voice of People who are experience in this sector and environment go unobserved by company sometimes.In addition, the challenge of shared leadership is a major problem that may face the company, particularly in this new environment. The experience and skilled workers, in the field of sales and contract execution may be denied the platform to learn and design new methods that can help pressurise contracting power and sale for the company.The focus for the company should be in integrating all these 3 aspects through information technology adoption. The company should facilitate efficient and prompt information sharing and innovations by providing the necessary