*Assistant Professor, Department of Management Studies, Gurgaon Institute of Technology & Management, Gurgaon, India
**Assistant Professor, School of Management Studies, IGPGRC, Meerpur, Haryana, India
The purpose of this paper is to gain a better understanding of how some factors are critical for the successful application of Knowledge Management (KM). A literature review is in order to identify and categorize the existing measures, suitable for evaluating the hypothesis. Then followed for each construct the existing scales identified, adjusted for application to the specific research field.
It is not an exaggeration to suggest that there are teachers, faculty, and administrators at every school, college, and university in the country who are employing information management strategies to improve decision-making. The practices of knowledge management offer ways for people to build on that energy; organize efforts; share resources, information and knowledge; and bring about improvement. The most successful efforts start small, with pilot projects, and later expand to larger and more encompassing initiatives—and they maintain a focus on people and their needs. An organization should have the capacity to exploit its knowledge and learning capabilities better than its competitors, if it decides to assume a given competitive strategy.
Although KM is and as an enterprise-wide goal, many institutions kickoff an initiative in one department and then extend the practices throughout other parts of the organization. Knowledge management (KM) is a process that helps organizations find, select, organize, disseminate, and transfer important information and expertise to gain business advantage.