Knowledge Management focuses on organizing and making available
important knowledge, wherever and whenever it is needed. The field of
Knowledge Management is of growing interest in today’s business and
academic world. As society enters into the knowledge based-economy,
effective knowledge management is essential for organization to stay
competitive. The purpose of this study is to conduct a thorough literature
review on the impact of Knowledge management on the overall
performance of an organization and thereby finding the knowledge and
ideas that have already been established on this topic and what their
strengths and weaknesses are. This study reviewed the literature as
extensively and efficiently as possible and reviewed them critically to
explore or highlight further research avenues/ questions for future
research. Although based on our literature review, none of the research
findings demonstrate the direct relationship between knowledge
management practices and its impact on financial performance of an
organization, research findings however, prove that knowledge
management impacts organizational performance which in turn impacts
financial performance of an organization.
