knowledge is a resource referred to as knowledge capital or intellectual capital in the business. This is the basic element which allows companies to work in the market sector. Science organization in the human capital of the organization. In spite of the rapid global changes, and address key issues of knowledge that can lead to successful management within organizations, and can be used as leverage in collective bargaining and other existing knowledge and create new ones.
understand the needs of customers and the business environment is a huge interface information. If I did market research, knowledge of the market can be integrated targeted specifically to the development of new products / services to customers and improving existing ones.
Having a knowledgeable staff determines the business a competitive advantage because it helps in the long work more smoothly and efficiently. For example, knowing customer needs and feedback to develop products or services to ensure their needs.
Moreover, the monitoring and reporting of changes in the business world is also needed. Knowledge to build networks of professional associations and business partners can provide an easy way to find out what competitors are doing and see the latest innovations in the market sector. Making the research and development of products vital knowledge that can help in maintaining a competitive advantage and a source.
Moreover, using knowledge more effectively can improve the goods / services offered. It can increase customer satisfaction. Knowledge of the market could result in better awareness of what customers want and require the staff. Can the knowledge or the exchange of information also to improve employee productivity.
in order to manage the use of knowledge, there is a need to build a culture which amounts to the value of knowledge by working to maintain a competitive advantage and understand the characteristics of the target market.
business knowledge can help entrepreneurs evaluate and understand potential customers' needs and develop products / services that meet customer satisfaction since the possible customers show different patterns of behavior and preferences, such as brand loyalty and the like
through the acquisition of knowledge, and management of commercial supply chain is visible everywhere and anywhere. It leads to faster growth and development. Also affect the competitive advantage and become of strategic importance for the understanding of knowledge transfer more predetermined manner. Sustainability of the organization depends largely on the acquisition of knowledge with constant learning process.
Hence, knowledge is vital for any organization because they enable business to make informed decisions, improve services, and produce better marketing decisions and increase profitability
0 Komentar