KNOWLEDGE MANAGEMENT IN THE ERA OF GLOBALIZATION

Tosheva, Elizabeta (2014) KNOWLEDGE MANAGEMENT IN THE ERA OF GLOBALIZATION. Journal of Process Management New Technologies- International. pp. 498-502. ISSN 2334-7449

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Abstract

The notion of knowledge-based competition has caused significant attention in recent years, with researchers focusing on how firms create, transfer and leverage knowledge for competitive advantage. Although there are many reasons for the success of companies competing on knowledge, human capital is at least in part a foundation for core competencies and underlying source of competitive success. The challenge that multinational companies face is: there are important distinctions between managing traditional work and managing knowledge work. Identifying these differences and understanding how to manage them is crucial for building global competitive capability. Given that people are critical to the successful movement of organizations from domestic business outlooks towards global strategic orientations, one naturally wonders how well human resource executives are prepared to meet this challenge. In this paper, we try to identify the major challenges the human resource function faced in the terms of globalization: enhancing global business strategy, aligning human resource issues with business strategy, designing and leading change, building global corporate cultures and developing global leaders.

Keywords: human capital, globalization, knowledge management, global strategy

Item Type:	Article
Subjects:	Scientific Fields (Frascati) > Social Sciences > Economics and Business
Divisions:	Faculty of Law
Depositing User:	Mr Mladen Kradzoski
Date Deposited:	26 Mar 2019 17:48
Last Modified:	26 Mar 2019 17:48
URI:	https://eprints.uklo.edu.mk/id/eprint/1547

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