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Explain Crucial and value-adding knowledge
The decision to invest in knowledge depends upon knowing what knowledge is relevant and crucial to the organisation and what knowledge adds value. Crucial knowledge includes the ever-changing dynamic knowledge necessary to operate within the industry at an acceptable level. It may be obtained through consultation with experts, their tacit knowledge that manifests as problem-solving behaviour. The continued availability, development, and retaining of experts in the organisation with such problem-solving proneness and capability is an important aspect of human resources management.
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With refrence to uk and global perspective,critically evaluate what it means for organisations to be strategic in their approach to human resource management.
the thoery of personnel management by David Guest
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