Knowledge management Essays

  • Knowledge Management Criticism

    1648 Words  | 7 Pages

    Over the recent years, we have been exposed to the importance of knowledge management. Generally, knowledge management can be defined as the process that involved identifying, capturing, evaluating, distributing, and effectively sharing and using knowledge (Koenig, 2012). It played a significant role in many organizations. Sandhawalia and Dalcher (2011) support by stating that many organizations realize that the effective use of knowledge assets and resources giving them the ability to innovate and respond

  • Disadvantages Of Knowledge Management

    1504 Words  | 7 Pages

    The term ‘knowledge’ has two characteristics whether they can be tacit or explicit. Both types require various strategies in order to satisfy the certain type. Knowledge management is a collaborative and integrated approach to the creation, capture, organisation, access, and use of an enterprise’s intellectual assets. Many people accept today we are in a knowledge age (Wichert, 2014). Knowledge is treated as a valuable competitive advantage, and the intellectual asset buy more and more business.

  • Advantage Of Knowledge Management

    3385 Words  | 14 Pages

    1.1 Knowledge management is the way to manage the information and resources efficiently in an organisation. It helps the organisation to create value and meet strategic requirements. It is the process of identify, capturing, evaluating, distributing and sharing of an organisation’s information assets to enhance its performance and competitiveness. Knowledge management can help to minimize the costs of the organisation. If they know that what to do with the existing knowledge, it will definitely reduce

  • Contribution Of Knowledge Management

    850 Words  | 4 Pages

    Knowledge management is a process of collecting, distributing and effectively using knowledge. This is usually defined in terms of a range of practices or process to identify, create, distribute and share knowledge throughout the organization. It is related to business strategy, information technology and human resource management and can therefore be linked to organizational learning. It is focus and an appropriate and tailored combination of change thereby effective knowledge management supports

  • Four Applications Of Knowledge Management

    1554 Words  | 7 Pages

    four applications of knowledge management are considered. 1.8 APPLICATIONS OF KNOWLEDGE MANAGEMENT The four applications of knowledge management are based on the fact that knowledge management's primary role is to share knowledge throughout the organization such that each individual of the organization understands it in depth. The four applications of knowledge management are: • Intermediation: is connection between knowledge and people. It provides a bridge between the knowledge seeker and potent source

  • Knowledge Management Research Paper

    2147 Words  | 9 Pages

    Knolwedge Management Dr.M.Senthilvelan, Librarian Info Institute of Engineering, Coimbatore Abstract Knowledge management is the process of capturing, developing, sharing, and effectively using organizational knowledge. It refers to a multi-disciplined approach to achieving organisational objectives by making the best use of knowledge. Now, information and media, computer science, fields have started contributing to KM research. Many large companies, public institutions and non-profit organisations

  • Knowledge And Management: The Importance Of Knowledge Management

    985 Words  | 4 Pages

    performance and it can be knowledge, new insights and actions (Fiol & Lyles, 1985). Knowledge management is so important because it can help organizations to gain and sustain competitive advantage and improve performance (Holm & Olla, 2006). A famous engineering consultancy, Ricardo, as a leader in the motor industry and engine engineering business. According to develop and manage knowledge assets from 1917, most the major motor manufacturers worldwide are provided the unique knowledge services and products

  • Knowledge Management Advantages

    882 Words  | 4 Pages

    4.0 Benefits of using / having knowledge management Knowledge management plays an important role nowadays by making knowledge available for others through transforming tacit knowledge to explicit knowledge and explicit knowledge to tacit knowledge. This research study shows how knowledge management principles could be used in managing industrial training. At this point of time, industrial training is gaining importance as universities are realigning their curriculum to suit industrial needs. The

  • Knowledge Management Meaning

    1062 Words  | 5 Pages

    1. Knowledge Management 1.1 Introduction Knowledge management is one of the most discussed fields of computing in recent studies. The awareness of the importance of data had been known already as has the management by the field of data management. Then the information revolution and technology became the next generation. Finally, the knowledge is what comes after them, knowing people’s beliefs, thoughts, ideas and expertise is what people really need to manage. This is known as knowledge management

  • Essay On Knowledge Management

    708 Words  | 3 Pages

    Knowledge management technology taxonomy Many researchers agree that the current stage of economic development is characterized first of all by an increase in the role of information, to be precise - of knowledge, in determining the level of capitalization. The concept of "corporate knowledge" is closely intersects with popular nowadays concepts as "intellectual capital". Without going into the details of the relationship of these concepts, we take as a working definition as follows: intellectual

  • Knowledge Management Summary

    1346 Words  | 6 Pages

    is attempted. The stage of knowledge management in our context: It was observed from the regression analysis as well as simulation exercises, that in our context, the knowledge management function is significantly determined mostly by three factors, viz., knowledge identification, eliciting knowledge and knowledge management Infrastructure. Of these, eliciting knowledge is highly significant and the other two factors are moderately significant. In the knowledge management system implementation, these

  • The Impact Of Artificial Intelligence In Knowledge Management

    1616 Words  | 7 Pages

    Knowledge management is a shared and incorporated way to deal with the creation, collection, administration, access, and utilisation of an organisation's scholarly resources. Numerous individuals acknowledge today that everyone is living their lives in a learning age (Wichert, 2014). Knowledge is dealt with as a significant competitive benefit, and that is why the literature and the intellectual assets are being bought on a huge scale by management that the certainties, data, and abilities gained

  • Essay On Knowledge Management System

    729 Words  | 3 Pages

    Knowledge Management Systems Knowledge Management Systems are used for storing and the application of KM within a firm. It is an important part of the Knowledge Management which is required to store and retrieve knowledge and information and also used for other tasks like enhancing the KM process, collaboration of information and knowledge and for data mining. Though not similar to Business Intelligence, a good KMS helps enable organizations make the right business decisions to improve their competitive

  • The Three Types Of Knowledge Management System

    748 Words  | 3 Pages

    A knowledge management scheme (KMS) is vital to any company that wants to turn its knowledge into business value. As we can see in Annex1, three major types of knowledge management systems are the most important: enterprise-wide knowledge management systems, knowledge work systems and intelligent techniques. Some knowledge already exists somewhere in the company in the form of structured text documents and reports or presentations, and the main problem is organizing this existing structured knowledge

  • Knowledge Management System

    1148 Words  | 5 Pages

    Knowledge, Knowledge management and Knowledge management systems: A significant amount of literature has been published on topic of knowledge and knowledge management during the last twenty years. According to Oxford Dictionary, “knowledge is the sum of what is known and resides in the intelligence and the competence of people”(Dictionaries, 2010). In 1998, Davenport et al. published a paper in which they described knowledge concept; he said that knowledge is combination of information from different

  • The Importance Of Knowledge Management

    949 Words  | 4 Pages

    product offerings if they want to stay ahead in the competitive race. Realizing that, implementing successful knowledge management becomes a vital issue in many organizations and it’s able to attract attention from both academicians and practitioners. There are various definition used to describe knowledge management and its processes. Gupta, Iyer and Aronson (2000) defined knowledge management as process that helps organizations to find, select, organize, disseminate, and transfer important information

  • History Of Knowledge Management

    1500 Words  | 6 Pages

    organization knowledge. Knowledge has become the key strategic asset as well as the most important competitive advantage. By knowing more, organization becomes more capable of satisfying the needs of its stakeholders, employees, customers, and any other party with whom it interacts. Also, through knowing how organization affects its environment, it can work accordingly so as to reduce its environmental impact to a minimum in order to save our planet- our only home. Expanding knowledge, and efficiently

  • Importance Of Knowledge Management

    1686 Words  | 7 Pages

    INTRODUCTION Knowledge management has become a factor that ensures the success of the organizations and the continuity of their businesses. Especially in today’s 21st century, organizations are competing to stay competitive. They must know how to implement and use knowledge management in effective ways. Knowledge has to be used in the organizational process in order to achieve sustainable competitive advantages. Knowledge management also creates innovation and ideas that are unique from others. Knowledge

  • Importance Of Knowledge Management

    718 Words  | 3 Pages

    The importance of knowledge management in Organizations Knowledge management is very vital for the success of the company and as well the industry wide in my readings of enormous articles titled knowledge management I have summed up the following points. For centuries of years many experts across different disciplines such as philosophers, scientist, business analysts and intelligent laymen have been concerned about creating acquiring and communicating knowledge and improving the reutilization

  • Knowledge Management Theory

    1595 Words  | 7 Pages

    Knowledge Management and Organizational Performance: A study of African Firms INTRODUCTION Knowledge is considered as source of competitive advantage in today’s knowledge economy. Firms are increasingly developing interests in knowledge management as result of the fact that empirical evidence shows that they result in competitive advantage. Knowledge management (KM) has become an important theme at many large business firms as managers realize that much of their firm’s value depends on the firm’s