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Knowledge Management

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Knowledge Management
What Is Knowledge Management?
Knowledge Management is one of the hottest topics today in both the industry world and information research world. In our daily life, we deal with huge amount of data and information. Data and information is not knowledge until we know how to dig the value out of of it. This is the reason we need knowledge management. Unfortunately, there's no universal definition of knowledge management, just as there's no agreement as to what constitutes knowledge in the first place. We chose the following definition for knowledge management for its simplicity and broad context. * Simple Definition:

Knowledge Management (KM) refers to a multi-disciplined approach to achieving organizational objectives by making the best use of knowledge. KM focuses on processes such as acquiring, creating and sharing knowledge and the cultural and technical foundations that support them. * Knowledge Management may be viewed in terms of: * People – how do you increase the ability of an individual in the organisation to influence others with their knowledge * Processes – Its approach varies from organization to organization. There is no limit on the number of processes * Technology – It needs to be chosen only after all the requirements of a knowledge management initiative have been established.
Or
* Culture –The biggest enabler of successful knowledge-driven organizations is the establishment of a knowledge-focused culture * Structure – the business processes and organisational structures that facilitate knowledge sharing * Technology – a crucial enabler rather than the solution.
What Is Knowledge Management Related To?
Knowledge management draws from a wide range of disciplines and technologies: * Cognitive science

* Expert systems, artificial intelligence and knowledge base management systems (KBMS)

* Computer-supported collaborative work (groupware)

* Library and information science

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