Preview

Knowledge Management

Satisfactory Essays
Open Document
Open Document
703 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Knowledge Management
Knowledge Management
Kelly H
OMM 625: Learning Organizations & Effectiveness
Dr. Kim Gravelle
October 15, 2012

Managers must be knowledgeable in numerous areas of the organization in which they work for and must be ready to share that information when needed. A manager is the individual that an employee will go to for information and assistance for anything relating to the job or organization. The amount of information that a manager needs to be knowledgeable in can be massive depending on the size of the organization. Knowledge management programs help managers learn the best ways to manage knowledge and in turn help the organization to be successful. Knowledge management can be defined as “a concept in which an enterprise consciously and comprehensively gathers, organizes, shares, and analyzes its knowledge in terms of resources, documents, and people skills”. (Rouse, M, 2006) There is a lot of information that passes through an organization each day and it is important for managers to have the right skills and tools to use the information to become knowledgeable. Information must be collected and understood before it can become knowledge. Information that is collected is useless if it cannot be turned into knowledge that benefits the organization.
“Knowledge management involves data mining and some method of operation to push information to users.” (Rouse, M., 2006) Organizations must make decisions in regards to the best way to share knowledge with everyone in the organization. The organization must start a knowledge sharing program by making decisions as to what knowledge is important for everyone in the organization to know and “needs to define what is confidential and requires the involvement and attention of the senior management team”. (Mehta, K, 2009) There is information that organizations do not want to share with every individual in an organization to “ensure that confidential information and intellectual property do not



References: Mehta, K. (2009) Three Keys to Successful Knowledge Management. http://www.information- management.com/specialreports/2009_161/knowledge_management-10016041-1.html Rouse, M. (2006) Knowledge Management. http://searchdomino.techtarget.com/definition/knowledge-management Skyrme, D. (1997) Intranets: sharing organizational knowledge. http://www.skyrme.com/insights/25intra.htm.

You May Also Find These Documents Helpful

  • Better Essays

    Since the mid-1990s, knowledge management has become increasingly significant for business managers and companies. ‘It is broadly accepted that systematic knowledge management is tightly linked with gaining and sustaining competitive advantage.’ (Bogner & Bansal, 2007, p658-6 as cited in Hislop, 2009, p1) The definition of knowledge management is various because of the wide range of this concept and its complexity (Al-Hawamdeh, 2003). For example, the broad definition provided by McAdam and McCreedy (2000, p155 as cited in Hislop 2009, p53) note that: ‘KM relates to the management of anything classified as knowledge’ Furthermore, Hislop (2009, p59) suggests that: ‘Knowledge management is an umbrella term which refers to any deliberate efforts to manage the knowledge of an organization’s workforce, which can be achieved via a wide range of methods including directly, through the use of particular types of ICT, or more indirectly through the management of social processes, the structuring of organizations in particular ways or via the use of particular culture and people management practices.’…

    • 1109 Words
    • 4 Pages
    Better Essays
  • Satisfactory Essays

    | The author points out that successful implementation of Knowledge management has determinants that are specific to different organizational contexts. However, some factors that have had a significant impact on making an organization’s Knowledge management system a success are: 1. A shared understanding of the concept of knowledge management 2. The identification of the value of the co-creation of the knowledge management strategies which make up the system 3. The positioning of knowledge management as a strategic focus area in the organization. 4. Appropriate management of information throughout all stages of the Knowledge life-cycle and the appropriate alignment of technology and information to ensure access to knowledge for all individuals involved. 5. Understanding the role of organizational culture in the working of the organization and its importance in making the knowledge management system a success.…

    • 360 Words
    • 2 Pages
    Satisfactory Essays
  • Best Essays

    Knowledge management can be considered to be an essential strategic function in any organisation today. As the world becomes more globalised, and traditional structures of intermediation are removed whilst new ones are created, it is clear that knowledge, and consequently a learning organisation is one that is more likely to find unique sources of competitive advantage, and be able to develop sustainable competitive strategies in the long term. A number of different processes and sub-processes have been identified with knowledge management, such as knowledge generation, knowledge codification, and knowledge transfer or realisation (Grover and Davenport, 2001). Nonaka (1994) suggests that knowledge itself is created through the conversion between tacit and explicit knowledge, through the processes of socialisation, internalisation, externalisation, and combination. Technology has often been used to facilitate and support the processes involved in knowledge management. Knowledge management is essential for sustaining the growth of an organisation and ensuring its success. From the perspective of investors, the worth or value of an organisation is as a result of its ability to strategically retain and generate knowledge that facilitates the organisation’s business activity. The sharing of practices throughout the organisational hierarchy, and adoption of effective techniques formulated by individuals having great expertise in the relevant field can help to improve the efficiency of the business activity. Yet the intertwining of knowledge management processes and information and communication technologies (ICT) may blind knowledge managers to the shortcomings of the use of ICT in knowledge management processes. This essay therefore seeks to present a critical evaluation of the benefits and limitations of ICT in knowledge management processes.…

    • 2359 Words
    • 10 Pages
    Best Essays
  • Best Essays

    Knowledge management has assumed an important role in the organisational context in the current times. Warner (2008) has rightly emphasised the importance of knowledge sharing and transfer in determining the efficient functioning of an organisation. In the current era of increasing…

    • 2964 Words
    • 12 Pages
    Best Essays
  • Best Essays

    In order to create, develop and extract value from knowledge and information, the right operational and strategic processes are needed to put into place. Knowledge management leads to structure and management methods based upon idea sharing thus giving voice to customers, workers and partners. From the organizational perspective, the objectives of exploiting information and knowledge resources should aim to support the effective utilization of knowledge in every company. Generate new knowledge, access valuable knowledge from outside sources, use knowledge in decision making, embed knowledge in processes, products, and services; represent knowledge in documents, databases, and software; facilitate knowledge growth through culture and intensives, transfer existing knowledge into other parts of the organization, and measure the value of knowledge assets and/or the impact of knowledge management.…

    • 1899 Words
    • 8 Pages
    Best Essays
  • Powerful Essays

    Sometimes individuals, teams, big and small companies, and other entities try to ‘reinvent the wheel’. These occurrences happen too often because many simply do not realize that what they are trying to do has already been done by someone else in some other venue, and more importantly they do not know where or how to access that knowledge. In addition, managers are overloaded with a constant stream of data daily. This overload of data is making knowledge management (KM) increasingly more difficult, but also more important, even necessary, for a business leader to have to lead his or her organization successfully. Since, leaders of successful organizations are consistently searching for better ways to improve their performance and results, many organizations implement KM to support at least critical business process, and many have to adopt more comprehensive KM programs in some cases. However, sometimes it is hard to create and implement these procedures, but more importantly, hard to identify and then use a new “sharing system” in a company or organization that previously didn’t have such a system. Technology Project Authority (TPA) was no exception.…

    • 2069 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    Knowledge Management

    • 2695 Words
    • 11 Pages

    Knowledge management is the process by which an organization creates, captures, acquires and uses knowledge to support and improve the performance of the organization. Two types of knowledge management are usually defined. The first is identifying knowledge. This means the documents and catalogues knowledge held by individuals and other forms of intellectual capital within the organization. Knowledge documentation generally includes a directory of experts or specialists, a database of best practices, foreign language capabilities, or unique talents or skills. In many organizations these are computer accessible databases of individuals and their competencies in the form of documents: memos, team progress reports, journal articles, resumes, working papers and research reports. The second type of knowledge management functions to facilitate the sharing of knowledge throughout the organization. This is usually…

    • 2695 Words
    • 11 Pages
    Powerful Essays
  • Best Essays

    Knowledge is increasingly regarded as central, both to the successful functioning of organizations and to their strategic direction. Managing Information and Knowledge in Organizations explores the nature and place of knowledge in contemporary organizations, paying particular attention to the management of information and data and to the crucial enabling role played by information and communication technology…

    • 3913 Words
    • 16 Pages
    Best Essays
  • Good Essays

    Knowledge Management

    • 1655 Words
    • 7 Pages

    1.What it mean by “communities of practice” in the context of knowledge management? Why is important to have “proven/best practices”? What are the basic functions of communities and associated examples? What are the approaches that make the “communities of practice” work for ConocoPhillips, Fluor, and Schlumberger? (p61-64)…

    • 1655 Words
    • 7 Pages
    Good Essays
  • Good Essays

    Knowledge management is the set of processes developed in an organization to create, gather, store, maintain, transfer, apply, and disseminate the firm’s knowledge. Knowledge management promotes organizational learning and incorporates knowledge into its business processes and decision making.…

    • 1225 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Write Up For UST

    • 906 Words
    • 3 Pages

    The changes are caused by several aspects some of those are Managers and officers are bombarded with an almost constant stream of data every day this overload of data is making knowledge management increasingly more important. Three key reasons why actively managing knowledge is important to a company’s success are: 1.) Facilitates decision-making capabilities, 2.) Builds learning organizations by making learning routine, and, 3.) Stimulates cultural change and innovation.…

    • 906 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    The importance of knowledge in organization has been highlighted as early as in 1890 by Alfred Marshall. However, its popularity has been accentuated only in the nineties[3]. The intensification of interest in knowledge management is driven by a host of factors which collectively reflect the urgent need for organization to manage knowledge. These factors include: (1) the increasing realization that wealth is generated from knowledge and intangible assets: (2) the rediscovery that human resource is the reservoir of organizational knowledge; (3) the rapid change in markets, competition and technology which demand continuous learning to remain competitive; (4) the recognition that innovation stems from knowledge creation and application; (5) the growing importance of cross-boundary knowledge transaction…

    • 1744 Words
    • 7 Pages
    Powerful Essays
  • Best Essays

    Jennex, M.E. (2005). “What is Knowledge Management?” International Journal of Knowledge Management, 1(4), pp. i-iv.…

    • 3515 Words
    • 13 Pages
    Best Essays
  • Good Essays

    Definition: The processes necessary to generate, capture, codify and transfer knowledge across the organisation to achieve competitive advantage.…

    • 1049 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    8u0-8

    • 6635 Words
    • 27 Pages

    We dedicate our research to our beloved parents, who always helped us in taking each step towards each step towards success, and who made it possible for us to be what we are today!…

    • 6635 Words
    • 27 Pages
    Powerful Essays