What is Knowledge Management? Introduction* Generally‚ knowledge is interpreted‚ subjective information within a context‚ which involves understanding and is mostly tacit‚ not explicit. Knowledge can take many forms. It can be in the form of thoughts‚ insights‚ ideas‚ lore‚ lessons learnt‚ practices‚ and experiences undergone to name just a few. The term knowledge management has become common in businesses throughout the world. Despite its increased prevalence‚ there remains a large degree
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that most of McKinsey’s knowledge was spread all over the company‚ and was not codified. Apart from a few publications (Peter’s and Waterman’s In Search of Excellence and Kenichi Ohame’s The Mind of the Strategist)‚ there was no way of tracking what breakthroughs might have been achieved in certain projects‚ or what might have been some of the creative solutions that had been applied to other client projects. Here too‚ the most concrete efforts to consolidate company knowledge were undoubtedly those
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Knowledge Management Table of Contents 1 Introduction ................................................................................................................................... 2 Strategy Development and Deployment ....................................................................................... 3 Knowledge Life Cycle .................................................................................................................. 4 Cultural Transformation.................
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Knowledge: Knowledge is very distinct from data and information and provides a higher level of meaning about that data and information. * Data are the collection of facts‚ measurements and statistics. * Information is organized or processed data that are timely and accurate. * Knowledge is information that is contextual‚ relevant and actionable. * through reuse. Types of knowledge: There are two types of knowledge * Explicit knowledge * Tacit knowledge
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Knowledge management in small and medium-sized companies: knowledge management for entrepreneurs R.P. uit Beijerse. Journal of Knowledge Management. Kempston: 2000. Vol. 4‚ Iss. 2; pg. 162 Abstract (Summary) This article deals with a field which gets little or no attention in the research done into knowledge management: small and medium-sized enterprises (SME). First a conceptual model for SMEs will be given‚ next this model will be used to analyze various companies. It is found that knowledge
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KNOWLEDGE MANAGEMENT AND ICT The Emerging role of Technology on Knowledge Management Practices INTRODUCTION Technology is the usage and knowledge of tools‚ techniques‚ crafts‚ systems or methods of organization. It is the study of something‚ or the branch of knowledge of a discipline. The term can either be applied generally or to specific areas: examples include construction technology‚ medical technology‚ or state-of-the-art technology or high technology. Technologies can also be exemplified
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Is knowledge management a fad? Abstract Knowledge management is a broad term that includes tools and theories from various fields. T.D. Wilson had been impeaching the need for knowledge management and he had come to the conclusion that knowledge management is just a fad started by consultancy companies and IT/ICT departments. This paper examines the righteousness of this proclamation and provides explanations and specifications of some conclusions that had T.D. Wilson provided
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MAN00006I THE YORK MANAGEMENT SCHOOL Module: Knowledge Information Systems Module Co-ordinator: Dr Ignazio Cabras Assessment: Open Maximum word count: 4‚000 Release: Noon‚ Monday 10th February 2014 Submission: Noon‚ Wednesday 14th May 2014 Important information. If you are unable to complete your open assessment by the submission date indicated above because of Mitigating Circumstances you should apply for an extension using the form available on Yorkshare
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Knowledge Management Advances Version 1 Tshidiso S. Moetapele Master of Technology: Business Information Systems (In-progress @ TUT) Business Projects Management (WBS) Copyright © 2013 Tshidiso S. Moetapele Contents o o o o o o o o o What is Knowledge Management DIKW Hierarchy Knowledge Management GOALS and Objectives Knowledge Management “Critical” Success Factors Knowledge Management Audit Knowledge Management Strategy Development Why companies implement KM How do we know if we got it
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Knowledge Management from Pearlson & Saunders Definition: The processes necessary to generate‚ capture‚ codify and transfer knowledge across the organisation to achieve competitive advantage. An organisation’s only sustainable competitive advantage lies in what its employees know and how they apply that knowledge to business problems. Knowledge is often more about values and beliefs than about information and logic. Person to person transfer is the best source of knowledge‚ but is impractical
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