Firstly, let's understand what the term, 'Knowledge Management' means. In simple words, it is the collecting, sharing and consolidating of an organizations' knowledge/intellectual assets. For example, databases, policies, documents etc.
Secondly, organizations must give employees the tools to ensure that they can share the knowledge they possess.
Let's see how not having access to that knowledge affects the smooth working of an organization. A few key consequences of not having access to knowledge are:
employees able to access the resources and data when they need it, if suppose an employee moves on and leaves, the company would want to ensure that important knowledge stays within the company. duplicated efforts that would, in turn, increase the turnaround time of an employee and decrease their productivity, organization-wide sharing won't be possible.