Harnessing Knowledge Management for Informed Decision Making: Strategies and Best Practices

Abstract

This article examines the critical role of knowledge management (KM) in enabling informed decision-making within organizations. In a rapidly changing and complex business environment, effective management of knowledge is essential to support decision-making processes. This paper provides an overview of strategies and best practices for harnessing knowledge management to enhance decision-making. The article begins by discussing the importance of knowledge management in facilitating informed decision-making. It emphasizes the need for organizations to capture, organize, and share knowledge effectively to enable decision-makers to access relevant information and insights. The integration of knowledge management processes and systems is essential to ensure the availability of accurate and up-to-date knowledge across the organization.