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Enhancing Managerial Skills for Industry 4.0: Knowledge Management in Indian Small and Medium Sized Enterprises (SMEs)
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Author(s): Rajasekhara Mouly Potluri (Kazakh British Technical University, Kazakhstan), Narasimha Rao Vajjhala (University of New York, Tirana, Albania)and Madhavi Kilaru (VNR Vignana Jyothi Institute of Engineering and Technology, India)
Copyright: 2025
Pages: 12
Source title:
Developing Managerial Skills for Global Business Success
Source Author(s)/Editor(s): Jesus Barrena-Martinez (University of Cadiz, Spain), María-José Foncubierta-Rodríguez (University of Cádiz, Spain), José Aurelio Medina-Garrido (University of Cádiz, Spain)and Zbysław Dobrowolski (University of Zielona Góra, Poland)
DOI: 10.4018/979-8-3693-3057-9.ch011
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Abstract
The advent of Industry 4.0, characterized by integrating cutting-edge technologies such as the Internet of Things, artificial intelligence, robotics, and big data analytics, has brought about significant transformation in the global industrial landscape. As one of the fastest-growing economies in the world, India is also embracing this digital transformation with the confident adoption of knowledge management (KM) to steer new skills and capabilities among people, which provides evidence that KM not only offers competitive advantages. However, to fully leverage the potential of Industry 4.0, organizations need to manage their knowledge resources effectively. Knowledge management is crucial, enabling organizations to create, store, share, and utilize knowledge effectively. The primary purpose of the book chapter is to familiarize the reader with the knowledge management activities of the Indian industry to meet the requirements of Industrial Revolution 4.0 necessaries and comprehensively discuss the problems and prospects related to the kind of alignment.
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