Mgt 672 Assignment Knowledge Sharing In The Decision-Making Process

Knowledge Sharing In the Decision-Making ProcessStudent’s NameInstitutional AffiliationKnowledge Sharing In the Decision-Making ProcessIntroductionThe current shift of businesses towards information economy augments the need and the importance of knowledge sharing as an important part of leadership skills essential for the continuous growth and development of an organization (Micic, 2015). Knowledge sharing practices are imperative in imparting techniques and means of obtaining, building, sharing, and applying the knowledge, especially tactic knowledge in meeting an organization’s objectives (Arduin, Grundstein& Rosenthal-Sabroux, 2013). It also helps an organization in supervising personnel by coordinating, encouraging, appraising, and in providing a conducive atmosphere to employees for maximum output (Arduin, Grundstein& Rosenthal-Sabroux, 2013). In that perspective, knowledge sharing is an integral part of the leadership that plays an essential role in enhancing teams’ efficiency in solving problems and innovating means of achieving various objectives.A group performance in its simplistic state is the ability of a group to realize its specific roles in meeting the organization’s goals, Micic (2015), it is hence essential for the group to have measurable objectives as this has been established to be an integral part of employees’ engagement and commitment to the group. Collaboration, achievement of specific objectives,