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Knowledge Perspective in Indian Public Sector Undertakings
Abstract
In this chapter, the Public Sector Undertakings or PSUs of India are taken for discussion with specific intention. This is because of their shifting paradigm towards outsourcing, partial privatization and divestment since last few years. The Indian PSUs are going for all these strategic steps with main objective of incorporation of knowledge management into them. Knowledge Management process is the activity or initiative that any organization puts in place to enable and facilitate creation, sharing and use of knowledge for organizational benefit. The Indian PSUs are now much worried about the benefit or profitability aspect. They now will have to go strictly for Returns on Investments approach; and apart from all other investments, huge investment in knowledge sources is key requirement for them.
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