Konstribusi Knowledge Management Dalama Mengembangkan dan Mempertahankan Company's Competitive Advantage di Era Knowledge Economy

Abstract

Knowledge become a strong power to win competition inthis knowledge economy era. Executive and managers who manage and direct the organization need information support and knowledge in developing company strategic and perform a better decicion making in order to sustain and build strong competitive advantage. How an organization manages their information and knowledge will become a critical success factor for being a marker leader. Knowledge which contain of experiece, intuition, best practices and lessons learned become intangible asset which could be used to reach company goals and objectives. The knowledge management systems one collect, process, store, retriece, communicate, and share data, information and knowledge it become a tool to create value for organization and its stackholders and accelerate development of an appropriate culture to became a knowledge based organization. The paper is a literature review. Is knowledge the ultimate competitive advantage? How would a company put knowledge management into practice? Is knowledge management practices will yield the competitive advantage and sustaining it? These and related issues are the focus of this paper.