the process of acquiring, storing, distributing, and using information within a company. The information is generally held on a powerful database and distributed via a communications network.
the coordination and exploitation of an organization's knowledge resources, in order to create benefit and competitive advantage
Law is a knowledge-based profession. However, for many lawyers, knowledge management remains a narrow theoretical concept. To succeed at knowledge management, lawyers must take a broad view of knowledge management, and consider both the strategic and operational elements of knowledge management such as : 1. Knowledge management must be closely...
From the executive summary: ‘The new focus is the end game for knowledge management fostering knowledge creation and innovation by continuous learning to replenish and renew its stocks of knowledge. Data-mining and knowledge-discovery tools play an important supporting role. The new challenge for knowledge management will be re-inventing the organization...
This paper focuses on knowledge management in organizations going beyond traditional boundaries, through collaborations based on intangible assets. The analysis has been focused on the implications generated from the blend between the network organizational structure and knowledge management. A theoretical framework is provided in order to evaluate the impact of...
In many organisations, proponents of knowledge management struggle to gain its acceptance by senior management. The rhetorical question 'Is knowledge management tasked with: managing the knowledge that an organisation has; or managing the knowledge that an organisation needs?' is posed to knowledge management practitioners. The answer to the question lies...
Knowledge management is an emerging field focusing on assessing the creation, transfer, and utilization of knowledge to address specific challenges. Generally, knowledge management has described efforts within and between companies to consider knowledge as a manageable asset. In this paper, the author suggests that occupational hygiene knowledge can be considered...
Different focuses exist to evaluate collaborative systems. Since knowledge is becoming the most important asset of enterprises, the authors propose evaluating collaborative tools by using a knowledge management approach. To do so, one analyses six aspects of the knowledge management process, which are: knowledge creation, knowledge accumulation, knowledge sharing, knowledge...
Although the knowledge management field is maturing, a great deal of hand waving and hype surrounds it. False promises and over-expectations are being created; many vendors are calling their products “knowledge management” tools even though they might simply be database, information management or document management tools; a dearth of rigorous...
Knowledge management is a topic that has gained increasing attention since the mid-1990s. A knowledge management strategy involves consciously helping people share and put knowledge into action. However, before an organization can undertake a knowledge management initiative, it needs to first understand what knowledge should be managed and to what...
To date knowledge management within learning organizations has focused upon maximizing possibilities to create knowledge while minimizing the chances of losing knowledge. However, knowledge management needs to consider a third option: dealing with orphan knowledge. There are situations where organizations forget things and repeat past mistakes. Do organizations really ''Unlearn''...
Boston's Delphi Group, Inc., knowledge management analysts, recently presented the tax practice of KPMG Peat Marwick LLP with an award for best practices in knowledge management. KPMG's implementation of a knowledge management process throughout its internal nationwide tax practice won the honor as the "Most Innovative Knowledge Application of Knowledge...
The term knowledge management can easily create the impression that it is knowledge that is being managed. In reality, managed are the circumstances of knowledge deployment, in particular the so-called knowledge workers in the sense of Sveiby's taxonomy. While knowledge management may come about as a spontaneous process, most often...
Knowledge Management evolved to a serious management discipline that aims to integrate in the orchestra of existing management approaches. This paper introduces a new viewpoint in knowledge management by introducing KM-Services as a basic concept for Knowledge Management. This paper discusses the vision of service oriented Knowledge Management KM as...
Knowledge Management typically focuses on tacit and explicit knowledge, which can be found in someone’s head or in printed materials. A third form of knowledge—implicit knowledge—refers to the middle ground of knowledge that can be captured and written down once people explore the full depth of a vital process. “Knowledge...
Article encodes the concept of Knowledge Management as one of the strategic management tool. It talks about accidental knowledge manager and states that the best-intentioned executive or management team can inadvertently create accidental knowledge managers. To take the accidents out of a knowledge management initiative, managers need to understand what...
Managing knowledge is not a cakewalk. It involves an elaborate process of collecting vast amount of information, converting it into useful knowledge, and turning it into wisdom. All the three key ingredients viz. information, knowledge, and wisdom should be used judiciously by the organizations. The value of knowledge management is...
The Aslib IRM network recently discussed the contribution of information professionals to effective knowledge management in their companies. It was concluded that many of their skills, such as selecting, classifying and organising information were an essential prerequisite to successful knowledge management. But what is the distinction between information and knowledge...
Knowledge Management the process and knowledge managers the people are recent organizational phenomena. The latter the knowledge managers are those key individuals charged with the task of making the former knowledge Management successful. Due to the recent emergence of these organizational initiatives, a study of knowledge managers - who they...
Prior research on knowledge management and knowledge management systems has tended to assume one of two perspectives on knowledge - knowledge-as-object (e.g. knowledge is explicit) or knowledge-as-action (e.g. knowledge is tacit). However in the real world the distinction is not that straightforward. Explicit and tacit knowledge are said to be...
When raw data is transformed into effective applied information and the same is spread among human capital in an organization, it is called knowledge. Two different types of knowledge exist viz. explicit knowledge and tacit knowledge. An efficient Knowledge Management KM system enables the proliferation of the right knowledge to...
It is argued that the basic economic resource in the 'New economy' is knowledge. The knowledge that a company is able to access from inside and outside the organization is often regarded as a sustainable source for its competitive advantage. A well functioning knowledge management system is crucial to achieve...
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