The Impact of Knowledge Management on The Performance of Employees: The Case of Small Medium Enterprises
Suja Sundram, Venkateswaran P.S, Jain Vipin, Lis M. Yapanto, Ismail Raisal, Ashish Gupta, R Regin
Abstract
Technology is the resource of the new economy, and the center of technology administration, <br> the essence of corporate organizations. It was used as a method for generating sustainable <br> economic gains and higher performance from the 1990s. It has now become a key asset to <br> maintain profitable corporate advantages and a catalyst for sustained progress and <br> innovation. Each corporation aims to expand and develop whether it is a small business or a <br> large company so that the owners can return on their investment. This objective can be <br> achieved by sustainably superior corporate efficiency. Several variables will affect the current <br> economy's operational success, but information management is becoming more relevant. This <br> paper is intended to summarize knowledge management, emphasizing the importance of this <br> practice area and, on the other hand, presenting some case studies on how knowledge <br> management from various industries is applied. Therefore, after analyzing many case studies <br> where knowledge management is applied, we will explore the concept that knowledge <br> management has significant consequences for an organization's efficiency. We will continue by emphasizing organizations' general view, their current economy, the information <br> management framework, and how it can be used in organizations. This is accompanied by an <br> overview of information management instances applied and their effect on overall <br> performance. Ultimately, our statement indicates that knowledge management has a positive <br> impact on business efficiency.