Organizational Knowledge Management

⦁How does one company raise employee efficiency ?What makes one company more successful than another? It is possible to concern better products, services, strategies, technologies or perhaps a better cost structure. However, the final source is the best staff performance of good productive factor, because it can cause these result, also employees who are engaged significantly outperform work group and who are tangible asset to raise the company's competitive advantage where employees are the differentiator, engaged employees are the ultimate goal. What factors can affect job satisfaction. I find that agency theory might be helpful to explain how organizations need to think of their human resource responsible in producing the output needed by organizations to meet shareholders value. Agency theory is concerned with issues related to the ownership of the firm when that ownership is separated from the day-to-day running of the organization. It assumes that in all but owner managed organizations, the owner or owners ( known is agency theory as the "principle" of an organization must best authority to an agent -corporate management to act on their behalf) Shenkel, R. Gardner, C. ( 2004, pp. 57-59).The principle recognizes the risk, here and act on the assumption that any agent will look to serve its own as well as the principle interests as it fulfills it contract with that principal. However, this is not the situation in real life situation. As all agents are perceived to be opportunistic. Agency theory is therefore used to analysis this conflict in interest between the principal ( shareholders of organizations) and their agents ( leaders of these organizations). The agents in keeping with the interest of the shareholders and organizational goals turn to use financial motivational aspects like bonuses, higher payrolls, pensions, sick allowances, risk payments to reward and retained their staff and enhance their performance. However, given this perception, the principal in an organization will feel unable to predict an agent's behavior in any given situation and so brings into play various measures to do with incentives in other to tie employee's needs to those of their organization. However, the fundamental problem, dealt with is that drives or induces people to exploit their potential resources in the way they do in organization. The issue of motivation and performance are who positively related. By focusing on the financial aspect of motivation problem likes bonus system, allowances perks, salaries etc. I believe financial motivation and trying to Mallow's Basic needs non financial aspect why comes in when financial motivation has failed. So, employers need to evaluate the methods of performance motivation in whose organization in organizing some motivational factors like satisfies and dissatisfies will be used to evaluate how employees motivation is enhanced other, than financial aspects of motivation. I believe that with the changing nature of the work force, recent trends in development, information and technology, the issue of financial motivation becomes consent on one of the most important assets in an organization. The potential role of money is as conditioned reinforce and an incentive which is capable of satisfying needs and an anxiety reducer and serves to erase feelings of dissatisfaction.In general, any organization can use performance or efficiency to measure its productivities. Such as, performance means the act of performing; of doing something successfully; using knowledge as distinguished from merely possessing it; a performance comprises an event in which generally one group of staff ( the performer or performers) behave in a particular way for another group its staff.