Information technology is the backbone of a knowledge-based organization, and IT is used to its maximum advantage in promoting efficient productivity and clear communications. Wireless networking and remote access to company intranets are some of the ways a knowledge-based organization might create a loose yet cohesive community of workers. When employees are offered more flexible work options, they are better able to participate in acquisition and dissemination of knowledge. Product-based organizations, on the other hand, have an obligation to their clients to meet quotas at certain deadlines and therefore demand less flexibility.

Also, because knowledge-based organizations compete with each other, employee retention becomes essential. One person's brain power cannot be substituted equally by any other's, and therefore employee satisfaction is crucial. A knowledge-based organiz

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Approximate Word count = 596
Approximate Pages = 2 (250 words per page double spaced)