Abstract:

Knowledge-friendly companies are those that realise that their knowledge can be the only asset from which they can hope to draw a long-term competitive advantage. Technology by itself, owing to its relative ease of replicability, has failed to provide this advantage. Core competencies are more than just know-what. They go beyond the typical form of explicit knowledge, such as a manual or a cookbook approach, and depend on the singular ability to put know-what into action, as the monograph identify. Very close to the knowledge-friendly companies are knowledge-sharing companies. Knowledge is one of the few resources that demonstrate increasing returns to scale: The more you share it, the more it grows. The new theory supported by P. F. Drucker identify that managers should have three types of intelligence or knowledge of individual competence, which are Professional Efficiency Pillar, Practical Skills Pillar and Social Maturity Pillar. The most important pillar for successful knowledge-friendly companies and knowledge-sharing companies also is the Pillar of Social Maturity. The main aim of this article is to identify: “How can we help to managers to identify if their company is ready for successful Knowledge Management implementation in the business companies”. This article will contain the results of quantitative and qualitative research in the above mentioned companies in the area of knowledge management principles, especially knowledge sharing. It will also recommend certain suggestions in the area of companies´ business activities.

Keywords:

innovation, knowledge, competitive advantage, technology, knowledge sharing.