Knowledge Management of Intel Corporation Inc Essay - 2

Knowledge Management of Intel Corporation Inc - Essay Example This research will begin with the statement that Knowledge Management is the process of converting a firm’s knowledge from tacit knowledge to explicit knowledge. Many firms in the modern world face this challenge. Intel, despite it being at the heart of information technology, faces this very problem of Knowledge Management. This is especially with regard to its legal department which is facing knowledge management studies. The main issues include lack of modern systems to help in better knowledge management, lack of better ways to convert tacit knowledge into explicit knowledge. The other main problem is the fact that there is less support from top management with regard to implementing proper Knowledge Management system and strategies in Intel’s legal department. Lack of motivation to employees to engage in correct knowledge management practices is also another issue. Because of the grave nature of the need for better knowledge and information management in any legal department, Intel’s not exempt, the recommendations that have been made include buying a new IT system, keeping a constant maintenance and updating of knowledge and increased support from the top management. Intel Corporation Inc. was founded in 1969 by Robert Noyce and Gordon Moore. It has constantly grown to become one of the most valuable companies in the world. As of 2014, its annual revenues had reached over $54 billion. The firm serves millions of customers from over 120 countries around the world. Its main focus is the manufacturing of computer motherboards, computer processors and networking and communication products. The firm has over 100,000 employees who work in over 168 sites including its headquarters. A look at Intel Corporation indicates that the firm has problems with regard to Knowledge Management in both these two areas of Knowledge Management. The firm is one of the firms with a good working environment for most employees.