INS3705 Assignment 2 Semester 2|EXPERT ANSWERS & EXPLANATIONS|2025

INS3705 Assignment 2 Semester 2|EXPERT ANSWERS & EXPLANATIONS|2025 QUESTION 1 Bemums Corporation is a Small and Medium-Sized Enterprise (SMEs) cool production engineering company located in the City of Bloom. The City of Bloom has prioritised the use of knowledge in all its services to produce economic benefits. The changes experienced by Bemums Engineering Corporation in the digital era is challenging the company to constantly update, expand, and develop the skills of its employees to carry out their roles efficiently and remain relevant in the provision of services to clients. In this regard, Bemums Engineering Corporation embraced knowledge management practices as a strategy to enhance its organisational effectiveness. The knowledge management practices at Bemums Engineering Corporation focus on creating a culture of knowledge sharing and continuous learning. Bemums Corporation prriotises the use of Communities of Practice, and extensive training programs to manage knowledge . It has also adopted several artificial intelligence technologies to enhance its knowledge management processes. The company is also skilled at discovering, identifying, creating, acquiring and sharing knowledge . However, there are senior engineers at the corporation nearing retirement age, and their departure could result in a significant loss of critical knowledge in the company. Also, the maximum period that an employee stays at Bemums Corporation Engineering is two years As an information and knowledge manager, you have been appointed to review knowledge management implementation at Bemums Engineering Corporation and you started off by conducting a knowledge audit. Considering the above scenario, answer the following questions: