Abstract
Business management is a set of specific activities that a daily manager performs. Many facts and their course are influenced by their intuitive or cognitive decision-making. It has the ability to manage traditionally, dogmatically, or innovatively, which also depends largely on its personality profile. However, all executives jointly influence the environment in which they can apply their skills. It is an environment that is changing globalization. Managers need to recognize and interact with their impacts if they want to manage competitive businesses. They are looking for ways to reveal and use the dynamics and complexity of the predominantly variable business environment. In doing so, they use a variety of progressive management support tools that evolve as a reflection of environmental variability and turbulence. One of the options offered for more effective management is knowledge management. This form of management is an effective and efficient acquisition, creation and sharing of knowledge in all their manifestations and forms within and around the enterprise. Knowledge management is based on the principles of a holistic, systematic approach to data management and processing for the purpose of sustainable business development. In order to fulfill this ambition, however, the decisive factor is, above all, the level of knowledge participation based on the creation of new values as well as wealth itself. The paper highlights the importance, mission and functionality of knowledge management in human resource management, with a great deal of knowledge, given the importance of corporate assets at the forefront, presents and evaluates the results of the knowledge management survey in the selected company in the Slovak Republic.
Highlights
At the present time of globalization, which is characterized by high dynamics of continuous change, the notions of competitiveness and productivity resonate in assessing the success of businesses
One of essential changes in market economy is the new system of creation of welfare and wealth of both enterprises and countries that is the knowledge economy”
Positive cognitive attitude to the question „Do you consider knowledge management to be necessary in society?“ expressed by 57.35% of respondents
Summary
At the present time of globalization, which is characterized by high dynamics of continuous change, the notions of competitiveness and productivity resonate in assessing the success of businesses. It is essential to constantly find ways to improve the use of all business resources - people, machines, materials, information and other inputs Their finding is at the core of the activities of managers who, with their qualified decisions, can contribute to the development of the company. In spite of the fact, as the authors [2] point out: „The use of knowledge management in the context of sustainability has been increasingly important over the years. Despite this importance, it is observed that this area is still little explored and there are many possibilities of academic research”. In the context of theoretical knowledge, the paper presents findings on the use of knowledge management in business practice
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