KNOWLEDGE MANAGEMENT SYSTEMS: ISSUES IN ENTERPRISE HUMAN CAPITAL MANAGEMENT IMPLEMENTATION IN TRANSITION ECONOMY

Abstract

Creating knowledge management systems (KMS) is a vital factor in the competitiveness of organizations. Therefore, we have viewed the concept of KMS from the position of its impact on the economic results of the company and the inclusion of innovative components in KMS according to the following blocks: knowledge preservation, search for knowledge in special networks, providing conditions for new knowledge generation, knowledge sharing training. As the analysis showed, in temporary transition economies the level of implementation of the traditional components of KMS is on average slightly more than 50%. Innovative components are used less – the highest level is 48% (for element “Search for knowledge in special networks”). Only 12% of the sampled companies have all the features typical for the system in their activity on knowledge management. However, the companies which developed more KMS components are characterized by higher profitability and ratio between the average monthly wage at the enterprise and in the sector. The identified issues related to slow implementation of KMS in the enterprises within transition economies are mainly caused by insufficient awareness regarding the KMS benefits and the possibility of their use as core factor to facilitate asset growth and to enhance human capital reproduction.