Formulating and implementing appropriate strategies for these enterprise-wide Knowledge Management initiatives need a thorough and comprehensive understanding of the needs of corporate business enterprises from a variety of perspectives. Therefore, it is important for a corporate house to know its core competencies and have a deep understanding of how it creates value for its customers. Failure to recognize this fact and putting a Knowledge Management layer on top of existing inefficiencies in business processes will complicate the use of Knowledge Management. | Knowledge management Some issues and challenges for corporate excellence in the 21st century
