A STUDY TO ENHANCE COMPREHENSION OF KNOWLEDGE MANAGEMENT, EMPHASISING THE EFFECTIVE ADMINISTRATION OF TACIT KNOWLEDGE.

Abstract

Despite the fact that this research does investigate knowledge management in general, its primary objective is to improve comprehension of how to efficiently manage tacit information. When it comes to acquiring and making use of tacit knowledge, organisations have a significant challenge due to the fact that it is inherently elusive and is based on the experiences, ideas, and perceptions of individuals. In this study, the relevance of emphasising implicit expertise as a foundation for innovation and a competitive edge. Based on the findings investigates numerous techniques to identifying, obtaining, and disseminating tacit information within organisational contexts. All of these approaches are discussed in detail. This research has resulted in the development of a comprehensive paradigm for the management of tacit knowledge. This paradigm integrates concepts from the fields of information technology, organisational behaviour, and cognitive psychology. The identification of the most effective methods for the management of tacit knowledge is the purpose of this empirical research that is based on surveys. A few of the most significant topics that are covered in this discussion include the ways in which leadership may establish an environment that is conducive to the development or transfer of knowledge, the ways in which technology can provide platforms for the transmission of tacit knowledge, and the significance of organisational culture in relation to the exchange of information. The unwillingness to share information, concerns about trust, and the difficulty of codifying tacit knowledge are some of the challenges and obstacles that are taken into consideration. The ultimate goal of this study is to provide firms insightful ideas and important insights that will help them improve their strategies for knowledge management. They were able to learn more and develop more as a consequence of this, which allowed them to compete more effectively in an economy that relies heavily on information.