Knowledge Management of World Bank

Knowledge Management
of World Bank
Name of the Student
Name of the University

Description of the Company and Explanation of the
Problem
 The World Bank is the most popular international
financial institution that has been doing business
for more than 75 years.
 They have implemented knowledge management
system for the issues being faced by them.
 They were unable to create proper knowledge
through their business operations and hence they
could not facilitate the knowledge flow with their
partners and clients (KM in World Bank. 2020).

Description of the Nature of the Knowledge
Management Initiative
 The organization has implemented an
initiative of KM to increase their internal
connectivity and to use various approaches
for resolving long term issues.
 The current KMS helps them in interacting
with the customers successfully by
involvement of accurate data.
 The process was to execute a proper strategy
in their business (Xiaojun 2017).