Knowledge management practice: Application in commercial banks (a Review)

Abstract

Modern financial institutes operate under conditions of growing competition and limited resources, which requires a decrease of time for decision making. The knowledge of bank officers is becoming an important resource that needs to be taken into consideration, on a par with other material resources. Some results of knowledge customization are considered: concept mapping, communities of practice, ontological models, and corporate blogs. Examples of applying new information technologies in foreign banks are given.

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