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Gaining a Competitive Business Edge
Pressures of capital advancement and globalization are forcing companies to reassess how they can interactively share information in a more effective and efficient manner with customers, partners, suppliers and employees.
Gaining the competitive business edge in this global environment requires a high degree of communications among all participative suppliers and partners. Moreover, it requires a high degree of collaborative work systems to help support the effective exchange of knowledge and information among all business players.
Knowledge and information exchange make businesses more valuable by enabling them to derive more from their core competencies. How do they do this? By effectively collaborating and sharing their most important and tangible asset: intellectual capital. Thus Cambridge Technology Partners defines knowledge management as, "the ability to retain greater value from core business competencies,"
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