Boosting Global Competitiveness Through Knowledge Sharing Revolutionizes Industries
Global competitiveness can be managed through knowledge management, which involves creating, storing, and sharing employee information within a business. This process enhances efficiency, productivity, and profitability through collaboration and the use of advanced technology. Knowledge is a valuable asset that evolves over time and can be classified as either explicit (objective) or tacit (subjective) knowledge. By effectively managing knowledge, organizations can accumulate core knowledge, build corporate intelligence, and gain a competitive edge in the market.