Knowledge organisations

If knowledge is a resource, then companies must be able to manage it, just as they manage more traditional resource, like capital, supplies, real estate and personnel. The shift in today’s business environment, where the market place is increasingly competitive and the rising rate of innovation, have made enterprises realize that knowledge is their key asset. Innovation occurs at the cross-point of knowledge and people.
Companies are being called ‘knowledge organizations’ as we move from managing information to managing knowledge.