Knowledge Gap and Transfer Issues in Financial Management

Abstract

A mission lacks of financial resource is a mission impossible. Marine Corps financial managers have the responsibility to manage their commanders' financial resource effectively to accomplish the mission. However, the constant personnel turnover and the lack of a knowledge management system in the Marine Corps financial management process are causing a knowledge gap and limiting knowledge transfer thereby negatively affecting the financial managers' ability to carryout their duty. Fortunately, the recent advent of information technology has made it possible for many organizations to retain and share valuable information among individual employees to improve performance and efficiency. The concept of retaining and sharing knowledge among members within an organization is known as knowledge management (KM). With that being said, the Marine Corps should implement a KM system in the financial management process to correct the knowledge gap and facilitate knowledge transfer that is crucial to the financial managers' overall effectiveness.

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Document Details

Document Type
Technical Report
Publication Date
Feb 20, 2009
Accession Number
ADA517811

Entities

People

  • Duy T. Pham

Organizations

  • Marine Corps University

Tags

Communities of Interest

  • Engineered Resilient Systems
  • Human Systems
  • Materials and Manufacturing Processes

DTIC Thesaurus Topics

  • Business Administration
  • Business Process Reengineering
  • Department Of Defense
  • Efficiency
  • Financial Management
  • Governments
  • Information Systems
  • Knowledge Management
  • Law
  • Lessons Learned
  • Management Personnel
  • Marine Corps
  • New York
  • Organizational Structure
  • Professional Development
  • United States

Fields of Study

  • Business

Readers

  • Defense Acquisition Program Management
  • Systems Analysis and Design