Abstract
Knowledge management KM deals with a sequence of processes that involve the storage, management, sharing, and the usage of an organization’s knowledge and information. This is mainly for the efficient storage of organizational knowledge for maximum utilization. It is a well known fact that knowledge is very crucial for the functioning of an organization as this helps to facilitate decision making, problem solving, and innovation. Knowledge management process has evolved with advancements in technology and information storage methods. A successful KM process needs to be tailored towards unique needs, having a good understanding of the organization’s structure, anticipating obstacles, and leveraging effective tools. A knowledge management system KMS is a software designed to facilitate the creation, organization, sharing, and utilization of knowledge within an organization – for overall organizational efficiency. This paper looks at the benefits, importance, challenges, and the future for KM and KMS. Paul A. Adekunte | Matthew N. O. Sadiku | Janet O. Sadiku "Knowledge Management: An Introduction" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-5 , October 2024, URL: https://www.ijtsrd.com/papers/ijtsrd69372.pdf Paper Url: https://www.ijtsrd.com/management/other/69372/knowledge-management-an-introduction/paul-a-adekunte
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