Effective Knowledge Management Practices Followed in the Small and Medium Enterprises in Manufacturing Sector of India

With the rise in the competition there is in an increase in the demand for the knowledge management practice in the SMEs in India. Through the knowledge management most of the organizations are aiming to improve the performance of the organization which will help them to sustain their growth rate and profits in these times of financial fluctuations in the world economy and the times of high competition both nationally and internationally. Though many research studies have been conducted on the implementation of the knowledge management practices in the educational institutions very few researches have been done on the implementation and effectiveness of knowledge management practices in the organizations particularly in case of SMEs. This research study aims to fulfill this research gap and will analyze the effectiveness of the knowledge management practices that are followed in the SMEs in India. For this purpose, the researcher has collected responses from the several respondents working in an SME in India and have analyzed the responses provided by the respondents using the Chi-Square test in order to determine whether the knowledge management practices that are followed in SMEs in India are effective or not.