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Advancing the Concepts & Practices of Information Resources Management in Modern Organizations

How the Best Companies in the World and Their Employees Are Winning With Knowledge-Driven Cultures

How the Best Companies in the World and Their Employees Are Winning With Knowledge-Driven Cultures
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Author(s): Rick Nucci (Guru, USA)and Steven Mayernick (Guru, USA)
Copyright: 2021
Pages: 19
Source title: Handbook of Research on Organizational Culture Strategies for Effective Knowledge Management and Performance
Source Author(s)/Editor(s): Dana Tessier (Independent Researcher, Canada)
DOI: 10.4018/978-1-7998-7422-5.ch004

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Abstract

When a company encodes the creation and maintenance of knowledge into its values and behaviors in a way that supports continuous improvement and learning, they are truly knowledge-driven. These knowledge-driven organizations are proven to be better at making decisions. When companies make better and more transparent decisions, their employees are more engaged, and their customers are more successful. Ultimately, knowledge-driven cultures increase revenue, bring products to market more efficiently, streamline internal communications, and onboard new hires faster. The best companies in the world operate this way – learn how they do it.

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