Knowledge Audits for Business Analysis | Article

Running Head: KNOWLEDGE AUDITS FOR BUSINESS ANALYSIS
KNOWLEDGE AUDITS FOR BUSINESS ANALYSIS
Name of the Student
Name of the University
Author Note

1KNOWLEDGE AUDITS FOR BUSINESS ANALYSIS
Table of Contents
Introduction................................................................................................................................2
Discussion..................................................................................................................................2
Knowledge Audit...................................................................................................................2
Main Objectives of Article.....................................................................................................3
Background of Company under Investigation.......................................................................3
Knowledge Audit Approach Followed in Study....................................................................4
Major Findings of Study........................................................................................................5
Comparison to Similar Studies...............................................................................................6
Conclusion..................................................................................................................................6
Reference....................................................................................................................................8

2KNOWLEDGE AUDITS FOR BUSINESS ANALYSIS
Introduction
The knowledge audit is investigation of what is known by organization, mapped
against the users and needs by organization. It helps in paying attention to where, what, why,
who and why of the core knowledge activities. Knowledge audit is the first step towards
shifting of knowledge sharing initiatives. This requires investigation of the information the
person have and the way one stores and maintain the information (Knechel and Salterio
2016). Hence, this report aims to analyze research article on knowledge audit and discussion
will on objectives of article, background of company under the investigation, knowledge
audit approach followed in study, major findings of study and comparison to the similar
studies.
Discussion
Knowledge Audit
Knowledge audit is principal tools for the construction of ‘as is’ views of knowledge
landscape. The particular techniques is described well in literatures and it focuses on
producing evidence-based assessment of current state of the firm’s knowledge relating to its
weaknesses and strength. It helps in answering the questions for instance existence of
relevant resources of knowledge and its location, the way knowledge flows in between people
and groups and lastly, the gaps in knowledge and barriers to the flow of knowledge
(Parkinson, Somaraki and Ward 2016).
The various programs of knowledge management fail because firms were having
absence of knowledge on knowledge management and their knowledge firm. In case, firm
does not knows what knowledge they have and what knowledge they don’t have, what is
significant knowledge or what not, it becomes risky and difficult for firm for implementing
strategies of knowledge management. The firm may waste resources for developing policies