The constant competition in the contemporary hyperdynamic market is one of the main conditions that forces organisations to search for optimal ways to increase their operational efficiency. The main goal of knowledge management in business organisations is to transform knowledge into capital, thus maximising organisational efficiency. Continuous knowledge creation and its use undoubtedly increase an organisation’s value in the market. An organisational structure must strive to be flexible and able to change in response to the external and internal environments. Consistent strategic management, adaptive to the changes in the environment, organisational learning and other factors should ensure the competitive advantage of the organisational s...