Friday, February 7, 2020
Optional subject Research Proposal Example | Topics and Well Written Essays - 500 words
Optional subject - Research Proposal Example Because of the broad execution of KM approach in several organizations, I became really interested in knowing about the impact of KM over the business environment on the whole (Rasula, Vuksic and Stembersger, ââ¬Å"The Impact of Knowledge Management on Organizational Performanceâ⬠). From the previous researches relating to the execution of KM in the business organizations, I have become even more intrigued about learning the impact of this particular approach. Likewise, I acquired a comprehensive knowledge from the previous researches that there lies considerable impact of KM in providing benefits to a particular business organization. The notion of KM is fundamentally described as a procedure which comprises of a broad assortment of effective business strategies as well as practices that helps the modern day organizations to accomplish their expected business objectives and most significantly, to enhance their organizational performances in the long-term scenario. It can be stated in this regard that there lies immense impact of KM over the business operations in the contemporary era, as most of the organizations have employed it with the motive of attaining significant benefits. In this similar context, one of the chief benefits of generating the practice of KM within the business organizations is that the practice imposes a positive impact upon their organizational performances. Moreover, according to previous studies, the practice of KM also affects the organizational results with regard to company innovation and employee along with product improvement (Rasheed, ââ¬Å"The Impact of Knowledge Management on SMEââ¬â¢sâ⬠). My major interest about formulating the topic is that the phenomenon emphasizes upon the impact of KM which supports the business organizations to attain significant benefits as well as desired business
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