Knowledge Management Practices in Fisheries Sector of Telangana

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M. Rajanikanth, Dr. G. Archana, N. Durga bhavani

Abstract

In the world of globalization any fields of business segments are considered to be competing with each other to attain top position in the respective markets. Sustaining with regular framework of working concepts may not lead to big results. Each organizations extends their own suitable strategies to develop the market share which includes most competitive production, pricing, technology and even sales promotions etc. The main concept of the top level management has understood the customers in a better perview. Producing a product without concern of customer’s choice and views leads to downfall of the product instead understanding the customers through research activities regarding their core preferences make the product
boost up the sales and overall satisfaction of the customers. The upmost concern of today’s business concept is all about maintaining quality assurance and delivering the best quality products to gain the confidence of the customers leading to the loyalty. The main objective of the organization is to maintain its position unmatched to others in the market by leading in all parameters. The emergence of knowledge management is one of the most sought out concept in the present context of huge competition threats within the same markets and industry. This paper attempts to explain the Knowledge Management practices & challenges in Telangana State. Highlighting the practices and need for researching human resource development in the Fisheries sector of the study. The need for the study reflects the needs to promote the stakeholders of fisheries and probe into the relationships between knowledge management practices and challenges.

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