Knowledge Management as an Instrument for National Performance: A Review

It is a given that Knowledge resides exclusively in people’s minds. A society endowed with knowledgeable people could generate the greatest wealth for its people because in knowledge economies human capital and intellect are the drivers of performance. In recognition of this vital role knowledge plays in national development, the Indian Government appointed a National Knowledge Commission (NKC) to prepare a blueprint to manage knowledge in institutions and infrastructure. At the organizational level, institutions are now grappling with knowledge management as a key component in the organization, to ensure it drives performance to enable them achieve their objectives, outcompete rivals, innovate and stay ahead in their respective fields. This paper therefore seeks to explore how knowledge management is being used in organizations to boost performance and initiate innovations. Understanding how knowledge is created, stored, shared, and applied is critical for development. The study used desk review and document analysis to guide its findings. Key words: Knowledge Acquisition, Knowledge Management, Knowledge Sharing, Organizational Performance