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Essay / Knowledge Management Case Study - 531
Furthermore, knowledge transfer is related to HRM because knowledge transfer depends on various factors related to HRM practices within the business environment . Good HRM practices within an organization will clearly have an effect on employee motivation and innovation. This will have an effect on the ability of employees to gain expertise throughout business routines as well as retain their workers (Minbaeva, 2005). HRM is therefore a useful tool for the development of knowledge-related outcomes. Minbaeva (2005) examined four dimensions of HRM that companies need to be aware of for their development, apart from knowledge management. First of all, human resource planning, this factor of HRM corresponds to the recruitment process through which companies must demonstrate their abilities to hire the right people within the company. If the company does not hire effective teams, it will not only impact the company's performance, but it will also be difficult to implement knowledge transfer as employees will not be able to communicate and use explicit knowledge of how the leader uses it....