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Knowledge management often encompasses identifying and mapping intellectual assets within the organization, generating new knowledge for competitive advantage within the organization, making vast amounts of corporate information accessible, sharing of best practices, and technology that enables all of the above - including groupware and intranets. Globally, knowledge has become the most important factor in economic development and knowledge assets are considered essential for economic growth, competitive advantage, human development and quality of human life. Knowledge management presents HRM with the opportunity to become pivotal to the strategic management of the organization and a catalyst for knowledge creation and building value. This involves more than just re-labeling Human Resources - it is a fundamental paradigmatic shift for HRM and senior management. Thus this paper is to promote the ideas of applying Knowledge Management to EHRM solutions. It is to provide business organizations with pragmatic understanding about integrating knowledge management strategy and technologies in Human Resource Management for successful performance.
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