(Mt) – MGT 403 SEU Knowledge Management System in The Organization Report

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View attached explanation and answer. Let me know if you have any questions.1Knowledge management system in the organization reportStudents NameInstitutional AffiliationCourseProfessorDate2Knowledge management system in the organizationKnowledge management and its benefits to organizations in generalKnowledge management is a structured, conscious process and multidisciplinaryapproach that involves collecting, storing, analyzing, sharing, managing, and disseminatinginformation in an organization. It plays a significant role in implementing information systemswhich is the backbone of any organization’s success. It is fundamental in adopting, improving,and implementing any technology within an organization (Al-Emran et al., 2018). It is anessential instrument as it sustains organizational growth, learning, and innovation. Whenintegrated with an information system is an effective tool for better and effective decisionmaking.Brief description of the ARAMCOOur company of interest is ARAMCO, one of the leading producers and exports of crudeoil in the world. It deals with energy and chemical production, and it has integrated knowledgemanagement in its processes to cost of production, information flow.Description of the knowledge management system of ARAMCOSaudi Aramco has transformed its culture into a knowledge-based and informationsociety in line with Saudi Arabia’s ninth development plan (Gharamah al el.2018). It has astructured supporting taxonomy that helps identify basic information from organizationrepositories and essential information stored for references. Knowledge areas are accessed bydomain-specific search, and information is converted to valuable resources in an organization.The company realizes that to survive in this changing global environment, it has to incorporatekm technology as a critical asset throughout its operation.Essential tools and techniques used by ARAMCO to capture and disseminate knowledge3Aramco uses the help juice tool, which is a software system in its operation. It is apowerful tool designed from the ground to support customers and bring team collaboration toenhance knowledge sharing. The organization also employs bit as a tool that has enabled it togather information and share knowledge worldwide. It has converted some of its offices into thefourth industrial revolution and digital innovations. Document 360 is another tool used by thecompany. The device is a knowledge base platform. It is helpful to its employee and customer asit brings simplicity to company procedures (Oliva et al.,2019).Significant challenges faced by the organi…

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