Nobody downloaded yet

The Role of Knowledge Management and Human Resource Management in assisting the employees' replacement process - Research Paper Example

Comments (0) Cite this document
The Role of Knowledge Management and Human Resource Management in assisting the employees’ replacement process Table of contents 1. Introduction 4 2. What is Intellectual Capital 4 3. Knowledge and its management 5 4. Human Resource Management (HRM) 9 5…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER94.8% of users find it useful
The Role of Knowledge Management and Human Resource Management in assisting the employees replacement process
Read TextPreview

Extract of sample
"The Role of Knowledge Management and Human Resource Management in assisting the employees' replacement process"

Download file to see previous pages Conclusions 22 References Appendices List of Abbreviations HRM: Human Resource Management KM: Knowledge Management IC: Intellectual Capital RBV: Resource-based-view 1. Introduction: Ulrich (1998) asserted that knowledge management through intellectual capital will be the basis for direct and indirect competitive advantage for organisations; and that successful organisations will be the ones that are most adept at attracting, developing and retaining individuals who can drive global organisation that is responsive for both its customers and the burgeoning opportunities of technology. Ulrich’s perspective on knowledge management and human resources management provide a strong foundation to understand contemporary organisations’ providence in sustaining their position in the global market. This paper will discuss the Ulrich perspective in depth and to show the link between the role of both Human Recourse Management and Knowledge Management in sustaining the competitive advantage of organisations through knowledge workers. 2. What is Intellectual Capital: Ulrich (1998) emphasizes the ability to attract, develop and retain individuals that can run organisations at global levels while exploiting technological advancements for achieving and sustaining success. This is possible by building intellectual capital, which the Business Dictionary explains as the collective knowledge of individuals in an organisation or society, which can be used to produce wealth, multiple output of physical assets, gain competitive advantage, and/or to enhance value of other types of capital including customer capital, human capital, intellectual property, and structural capital (Skiba & Dulong, 2010; p.264). Human capital constitutes the knowledge gained by employees through specific activities that result in learning and innovation (Edvinsson and Malone 1997). Overall, Nahapiet and Ghoshal (1998; p.245) regard IC as “a valuable resource and a capability for action based in knowledge.” Moreover, they regard IC of greater value compared to other organisational assets. According to them, IC operates in two dimensions, first based on types of knowledge; secondly, levels of analysis in knowledge and knowing. From the types of knowledge perspective, its classification into tacit and explicit knowledge by Polanyi (1967) stands good in organisational contexts. Intellectual capital is the hidden value of the organisation, and closely linked to Knowledge core processes such as acquisition, codification, dissemination, development and application (Davis, 2009). Establishment of this link between Knowledge core processes and IC requires an understanding of knowledge and its management in organisational contexts. 3. Knowledge and its management: Knowledge: Distinguishing from information and data, Lang (2001) identifies knowledge as a human creation that is embodied in mind, and argues that it cannot be delivered by systems or technology. A highly accepted and notable classification of knowledge is that of Polanyi’s (1967) tacit and explicit knowledge. Tacit knowledge is that which is captured by an individual’s mindset and manifests through their actions. This knowledge can be acquired through interpersonal interaction (Lee & Choi, 2003). Explicit knowledge forms the formal and systematic knowledge which can be shared and communicated by codifying into manuals, procedures, rules etc (Nonaka & Konno, 1998; Stenmark, 2001). Explicit knowledge can be transferred to others in simpler manner than tacit ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“The Role of Knowledge Management and Human Resource Management in Research Paper”, n.d.)
Retrieved from https://studentshare.org/management/1430766-the-role-of-knowledge-management-and-human
(The Role of Knowledge Management and Human Resource Management in Research Paper)
“The Role of Knowledge Management and Human Resource Management in Research Paper”, n.d. https://studentshare.org/management/1430766-the-role-of-knowledge-management-and-human.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
Human Resource Management
The value of these assets may not show up directly in the balance sheet of a company, nevertheless it has greater impact on the success of a business. Since human resources are major determinants of the ultimate business success, managing human resources effectively has been embedded in the practice of management.
5 Pages(1250 words)Research Paper
Human Resource Management Portfolio
The present job description is different from earlier or previous ones because this position is for a new Tesco store in Vietnam where Tesco has just entered. Considering Tesco’s brand image and reputation, the most significant challenge is to select the right candidate for the role, which would first require identification of competencies required to take on this role.
12 Pages(3000 words)Research Paper
Human resource management
Before beginning the recruitment process the human resource department should ensure a human resource plan is in place to avoid overstaffing or understaffing. The manager needs to monitor progress and evaluate performance so as to recognize areas of weaknesses or strengths and put corrective measures such as training
6 Pages(1500 words)Research Paper
Human Resource Management
r times, human resource department was almost invisible, with most of the activities included as a function of the other departments; for example, the appraisals were the responsibility of the concerned department, salaries were disbursed through the accounts and finance
6 Pages(1500 words)Research Paper
Human Resource Management
The advanced concept of human resource management entails strategic planning which involves recruitment strategy planning, selection, training and development, performance appraisal, management and career development. In this way
10 Pages(2500 words)Research Paper
Human resource management
The local and global concept of human resource management is not the same always. The underlying concept of the human resource management is the monitoring policy, which is
9 Pages(2250 words)Research Paper
Human Resource Management
Employees are the greatest resource that an organization has and the investment into the development of supervisors and employees can be beneficial to the company in a number of ways including improving competencies, promoting ethics and respect in the work environment, and complying with employment rules (Purcell and Hutchinson, 2003).
9 Pages(2250 words)Research Paper
Human Resource Management Overview
Proper managing of human resources is essential in recruitment, selection and maintenance of all staffs and it improves employee’s morale. These services among others enable heath care organizations to provide quality services hence improving patient’s health.
6 Pages(1500 words)Research Paper
What is strategic human resource management and what is HR's role in strategic management planning process
Strategic HRM is used to conduct a review that is strategic in nature and in this review the context of the organization is taken into consideration along with the ongoing practices of human resources (Armstrong 35). This helps in the
2 Pages(500 words)Essay
Human Resource Management Process
Among these phases, the four phases of testing, short-listing, interviewing and selection are covered under the umbrella term of recruitment of hiring whereas the phases following recruitment that include directing, training, performance appraisal and promotion/demotion/transfer are covered under the human resource management.
3 Pages(750 words)Research Paper
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Let us find you another Research Paper on topic The Role of Knowledge Management and Human Resource Management in assisting the employees' replacement process for FREE!
logo footer
Contact us:
Contact Us Now
FREE Mobile Apps:
  • StudentShare App Store
  • StudentShare Google play
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • Miscellaneous
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us