To be successful, a business of any nature has to bridge two knowledge gaps. The first knowledge gap is between the knowledge it has and the knowledge it should have to achieve its short-term business objectives. The second knowledge gap is between the knowledge it has and the knowledge it should have at some point in future to achieve its business objectives proposed for that time in future. Knowledge Management is a process whereby a person (be it an individual or an organization) identifies the amount and nature of knowledge it requires to achieve its short-term and long-term business objectives; and design and implement a system which allows it to manage the acquisition (including generation, purchase and rental), maintenance (including storage, updating and discarding), sharing, dissemination, and more importantly, the usage and leverage of such knowledge.
the knowledge manager has more knowledge! obviously
because of lack of knowledge.
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Just the basic management knowledge is not quite sufficient to be a successfull manager. Knowledge of the firm/company that you are going to manage, knowing your exact guidelines, knowing your employees, maybe even some of their backgrounds, etc are some of the other qualities to be a good manager. Having a good attitude, good personality, dressing, etc are some of the other important personal things that a successful manager should have.
There are 9 knowledge areas and 44 processes that a manager has to take care for successful project execution
besides the obvious product knowledge and management : leadership and supervising
information literacy because a manager doesn't need to have much knowledge in computer but how to handle the information well.
knowledge can be turned into a database when an employee or manager knows what questions need to be answered to meet HR objectives and the data needed to answer those questions
firstly the main role of manager to fully know about the today's finance and they have a lot of knowledge about the financial things........and also know about the in which way they can handle finance.......
i becom juniar manager. i need business knowledge and business skills.
With more information about cost behavior managers can determine what products can be produced to maximize profits. This knowledge will help the organization build value for shareholders.
She believed that a manager's influence should come naturally from his or her knowledge, skill, and leadership of others