Every organization has a variety of levels and dimensions of competence.
Each must face the challenge of managing these competencies to be successful in the arena of a complex, fast changing, and global marketplace. Knowledge and information, in a myriad of forms, is the cornerstone of competence. And, there are many development and use similarities in each area. It may exist in individuals or in organizations. Also, technological information may develop in research laboratories and be disseminated verbally, through presentations or formal reports.