Human Resource Management and Knowledge Management

Abstract

In order for having a sustainable competitive advantage, organizations are generally recognizing the crucial importance of knowledge management as a competitive weapon to exile in the global competition. Accordingly, it is a must to consider the impact of such a notion towards the theory and practice of management in general and other functional areas like HRM in particular. To effectively manage and gain significant contribution of knowledge and knowledge workers for organizational performance, organizations tend to use effective HR practices and strategies in knowledge management. In this regard, the objective of this study is to describe and analyze the theories and existing practices of human resource management and knowledge management via literature reviews. According to this paper, organizations are generally recognizing the crucial importance of knowledge and knowledge management as a competitive weapon to exile in the global competition. Such trend challenges the traditional HRM in considerable ways more than ever before. Beyond its consideration of the challenges posed to HRM in general, this paper has tried to address the transformation needed by the major functional areas of HRM in such a way that they are going to respond to these challenges.