The purpose of this paper is to identify the
importance of Knowledge Management as a tool for
addressing the changes and developments in the
knowledge economy. It also aimed to explore the role
of organizational learning in the promotion of
exercise excellence management in modern
organizations.
The study concluded that the organization is an
object lives on knowledge, for that departments in
modern organizations cannot afford to neglect the
issue of providing appropriate knowledge in the
correct timing and confirm the sources used in
decision-making, concepts of knowledge
management has become a distinct management
approach adopted by many developed organizations,
benefit from the knowledge wealth available to them
in guiding the organization and achieve its
objectives. The study also confirmed the need to
promote organizational learning in order to create
innovative knowledge organizations reap all the
benefits of moving the first already existing
competitive.