Journal of Business & Financial Affairs

Role of Knowledge Management in Safety of the Employees of the Electric Distribution Companies

Abstract

Taghi Vahidi*

In the first wave of human life that all people had to continue living through the agriculture and husbandry jobs, the tangible assets like lands and number of family members were considered as important criteria for success. After the first wave, the second wave was commenced by working in factories and focusing on products and selling them in the market. In other words, the product-oriented and market-oriented stages were signs of industrial age; meanwhile, tangible assets were taken into account as important factors in the factories or organizations. The third wave in human life was started when the human found that by inventing computer and vast usage of computer and internet in changing traditional jobs, only knowledge and talent will be important in digital era. Thus, the human became familiar with the subjects such as knowledge-based organizations, learning organizations, knowledge management, talent management, and so on. After that, a belief gradually formed in the minds of most managers and even some employees at the different organizations that their success will be achieved by relying on knowledge and talent as intangible assets. Therefore, the human found out that tangible assets are not the only key for productivity and profitability and focusing on intangible assets will be helpful for future business. So, the paradigm shift and change in approaches was commenced more than before. Although there are many advances in technology and science in different areas of knowledge, there are many hazards for the employees of the electric distribution companies especially those who work on the electric overhead lines and/or underground cables, this study aims to reveal the role of knowledge management in identifying the hazards, and by documenting the experiences resulting in the accidents, better recommendations on working the medium and low voltage networks have been presented in the current research.