Impacts of Knowledge Management (370 words)

How Knowledge Management helps improve process effectiveness, efficiency, and innovation.
Provide examples.

First of all, the Knowledge Management techniques are used within Decision Support Systems in the decision-making processes. The sharing of knowledge (assumed by KM) contributes to the overall improving of the productivity for the organization where it is applied. On long-term commitments the organization increases the efficiency by investing in learning the shared knowledge and this also determines a higher effectiveness (by reducing the afferent costs). ...

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