KNOWLEDGE MANAGEMENT IMPROVES ORGANIZATIONAL LEARNING AND PERFORMANCE

Philosophers, scientists, and educated people have long been fascinated by the idea of increasing knowledge formation, acquisition, transmission, and application. This alchemy may be ancient. The academic subject of "knowledge management" (KM) is just 15–20 years old. Most firms don't optimize data consumption for knowledge management (KM). This reveals human intelligence's limits. Knowledge management (KM) helps firms maximize resources by ensuring the right people get the correct knowledge at the right time. We all know that a company's bottom line will suffer if it can't leverage its data better. When implemented company-wide, OL and KM can enhance performance. In 1988, Levitt and March defined OL as "...encoding inferences from history into routines that guide behavior." Data added from the box will be impacted.