Network Nirvana: Managing Knowledge in the Postmodern Organization

Abstract

Knowledg-the insights, understandings, and practical know-how that we all possess, is the fundamental resource that allows us to function intelligently. The present day challenges of an organisation makes it imperative for them not to rely upon the age old way of remaining competitive in the market necessitating the knowledge creation and consistent innovation. Over time, considerable knowledge is also transformed to other manifestations as these transformations result in cumulated expertise and, when used appropriately, increased effectiveness. Knowledge is one, if not the, principal factor that makes personal, organizational, and societal intelligent behavior possible. Given the importance of knowledge in virtually all aspects of daily and commercial life, knowledge must be managed effectively to ensure that the basic objectives are attained to the greatest extent possible. In this context, knowledge management in organizations must be considered from different perspectives-business, management and operational perspectives, with different horizons and purposes. This paper tries to explore knowledge management (KM) in the postmodern organisation covering genesis of the concept of KM, its components and its relevance and successful application of the concept of KM in organizations.