Enterprise knowledge management Essay Example | Topics and Well Written Essays - 2000 words

Enterprise knowledge management - Essay Example discussions on theories pertinent to the progress of a company or organization in the business realm (even lay persons think of business success in this way) is always equated to the continued accumulation of wealth or profit in terms of monetary returns or other similar concrete and measurable outputs. There is, indeed, nothing wrong with the old, traditional conception of business success. But what is made crystal-clear is the fact that such measure is not enough to gauge real capital of companies or organizations at play in our era – the era of knowledge. James Brian Quinn, Philip Anderson and Sydney Finkelstein in their article Managing Professional Intellect: Making the Most of the Best have explicitly stated that â€Å"intellectual assets, unlike physical increase in value and use. Properly stimulated knowledge and intellect grow exponentially when shared.†1 And this claim properly presents the notion that the call and demand of the time among and between companies and organizations is to continuously destroy all boundaries and hindrances of knowledge via sharing of knowledge from within and from without. But what does it entail? Robert S. Kaplan and David P. Norton in their article The Balance Scorecard: Translating Strategy into Action have highlighted the stark reality that if companies in the contemporary period want to be competitive, aggressive and progressive they should learn to project not only within short term perspectives but that they should also be able to come up with a viable and workable long term plans. The idea of having long term plans and projections entail the presupposition of having human resources being thrust in the center as the main and focal point in business environment, in the connection and collaboration of organizational and structural systems moving towards the establishment of a harmonious and friendly yet very, very competitive ambiance in the business world. However, if one is going to be honest to one’s self one