Knowledge management and its application in human resources management in the context of globalization

University of Zilina, Univerzitna 1, 010 26, Zilina, Slovak Republic

^* Corresponding author: olga.ponisciakova@fpedas.uniza.sk

Abstract

Business management is a set of specific activities that a daily manager performs. Many facts and their course are influenced by their intuitive or cognitive decision-making. It has the ability to manage traditionally, dogmatically, or innovatively, which also depends largely on its personality profile. However, all executives jointly influence the environment in which they can apply their skills. It is an environment that is changing globalization. Managers need to recognize and interact with their impacts if they want to manage competitive businesses. They are looking for ways to reveal and use the dynamics and complexity of the predominantly variable business environment. In doing so, they use a variety of progressive management support tools that evolve as a reflection of environmental variability and turbulence. One of the options offered for more effective management is knowledge management. This form of management is an effective and efficient acquisition, creation and sharing of knowledge in all their manifestations and forms within and around the enterprise. Knowledge management is based on the principles of a holistic, systematic approach to data management and processing for the purpose of sustainable business development. In order to fulfill this ambition, however, the decisive factor is, above all, the level of knowledge participation based on the creation of new values as well as wealth itself. The paper highlights the importance, mission and functionality of knowledge management in human resource management, with a great deal of knowledge, given the importance of corporate assets at the forefront, presents and evaluates the results of the knowledge management survey in the selected company in the Slovak Republic.