“IT as a catalyst for human resource re-engineering for knowledge networked environments”

With converging of electronics and communication technologies and the integration of voice, data and images has made possible the penetration of information technology to play a major role in human resource re-engineering in the knowledge networked environments. The whole scenario synergises into the concept of providing education or learning on demand and leveraging information and expertise to improve organizational innovation, responsiveness, productivity and competency. The human resource re-engineering assumes greater significance in the new millennium with knowledge management providing a catalytic tool in involving, acquiring, creating, and packaging, distributing, applying and maintaining knowledge databases. This paper deals with certain components of knowledge management emphasizing knowledge networking concepts by means of working out strategic partnerships/alliances with leading organizations which will enable new paradigms for assessing and measuring country´s economic empowerment in the totally network global economy. The salient features described in this paper also cover knowledge management, knowledge categories, knowledge types and strategic business objectives and knowledge management and collaboration/alliances/partnerships playing a leading role in the years to come for making one world economy to be predominantly a network and knowledge dependent