Knowledge Management and Governance

Abstract

Knowledge management (KM) is an integral component of governance system in an organiza- tion. Knowledge although always remains as the most important resource both at individual and collective levels, recently organizational practitioners, private and public, reinvent the role of knowledge in management and gover- nance, emphasize on it, and involve in knowledge management. Consequently knowledge manage- ment now constitutes a vital part of governance. Competitive work environment urges for perfor- mance maximization, information revolution, rapid changes in technology, and attitude of the citizen, and customers have created a compulsive situation for attaching serious attention to knowl- edge and knowledge management. Human soci- ety, as identified by Robinns, after surpassing two prior waves, agricultural and industrial, is now in the third wave, the information wave which is, being accelerated by cyber revolution, bringing changes rapidly in the inner and outer states of individual and collective worlds. B