BNET Business Dictionary
Business Definition for: Knowledge
- information acquired by the interpretation of experience. Knowledge is built up from interaction with the world and organized and stored in each individual's mind. It is also stored on an organizational level within the minds of employees and in paper and electronic records. Two forms of knowledge can be distinguished: tacit knowledge or implicit knowledge, which is held in a person's mind and is instinctively known without being formulated into words; and explicit knowledge, which has been communicated to others and is contained in written documents and procedures. Organizations are increasingly recognizing the value of knowledge, and many employees are now recognized as knowledge workers. A major writer in this area is Ikujiro Nonaka, coauthor of The Knowledge-creating Company (1995), who asserted that knowledge is the greatest core capability (see core competence) that an organization can have.
Wiktionary Definition for: Knowledge
- #Relevant information that one is able to recall from memory.
- #The product of assumption.
- #Recognition of cause and effect (which is NOT wisdom).
- #Knowledge comprises all cognitive expectances that an individual or organisation actor uses to interpret situations and to generate activities.
- #awareness Awareness.
- Ex:''He completed it entirely without my '''knowledge'''.''
- #Acquired information gained through personal experiences making it unique for each individual.
Additional Resources
- Knowledge Harvesting Translates Implicit Knowledge to Assets
- 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...
- White papers 2003-01-01
- Knowledge Management is a Business Imperative
- 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...
- White papers 2003-09-29
- A Systematic Approach for Knowledge Audit Analysis: Integration of Knowledge Inventory, Mapping and Knowledge Flow Analysis
- Knowledge audit lays a concrete foundation for any knowledge management programs. The central topic of this paper is to integrate various knowledge audit related techniques into pre-audit preparation, in-audit process and post-audit analysis in a systematic manner. Culture assessment, in the form of surveys and radar charts, along with orientation...
- White papers 2004-06-30
- Distributed KM - Improving Knowledge Workers' Productivity And Organisational Knowledge
- Improving the productivity of knowledge workers is one of the most important challenges for companies that face the transition from the industrial economy to an economy based on information and knowledge. This paper briefly explores the failure of traditional knowledge management to address the problem of knowledge worker productivity and...
- White papers 2004-07-05
- Knowledge Retention Captures Critical Knowledge Before Baby Boomers Walk Away
- It has been estimated that in the next five to seven years, organizations will lose significant amounts of their work force as baby boomers approach retirement age. This is especially prevalent in the government and engineering sectors where the average age is approaching 50. Mergers, acquisitions, and layoffs also contribute...
- White papers 2003-01-01
- The Knowledge Revolution Means Your Boss Knows Almost Nothing
- The knowledge economy has made us all more ignorant and changed the role of management. Assume that over the last 500 years, the sum of human knowledge has been doubling every generation: that means there is over a million times more knowledge available to us. Good news, except of...
- Blog posts 2009-05-14
- Implicit Knowledge Management: The New Frontier of Corporate Capability
- Knowledge management was thrust from the world of academia into the corporate business strategy and IT platform. Fundamental to this movement was the realization that knowledge existed in two basic forms: explicit knowledge, which is easily codified, and shared asynchronously; and tacit knowledge, which is experiential, intuitive, and best communicated...
- White papers 2003-01-01
- Exploring How The Use Of Knowledge Management Technology Makes Communities Of Practice More Transparent
- 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...
- White papers 2004-06-07
- Strategic Management Meets Knowledge Management: A Literature Review And Theoretical Framework
- 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...
- White papers 2004-10-14
- Knowledge Management, CKO, And CKM : The Keys To Competitive Advantage
- To compete well in the emerging economy, it is imperative that firms improve the effectiveness of their knowledge processes. Knowledge management, the chief knowledge officer, and the certified knowledge manager are the tools. Article discusses these tools and enumerates a story where knowledge management saves lives, it highlights the use...
- White papers 2001-01-01
- Knowledge Management : Shaping the Profession
- Good companies have been managing knowledge for years, even if they didn't use that term to describe their activities. The people who were helping to implement the process were de facto knowledge managers even if they didn't have "knowledge" in their job titles. It is ironic that the emerging profession...
- White papers 2002-04-01
- How to Make Knowledge Management More Rigorous
- 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...
- White papers 2003-01-01
- Using Process Modeling for Well-Directed Distribution of Knowledge Assets
- Knowledge is a very key in nearly every business process. The flow of knowledge in process is supported by various so called knowledge assets which embody either implicit knowledge which is bound to persons or explicit knowledge which is incorporated in organizational documents, handbooks or code artifacts. A large store...
- White papers 2005-06-29
- Network Analysis: A Tool for Analysing and Monitoring Knowledge Processes
- Knowledge management is a task of combining technical, personal and organizational. The representation of process of knowledge creation represents a major task for knowledge management, since adjusting knowledge processes to other business processes is decisive for long-term capacity building of an organization. Basic elements of social network analysis are described....
- White papers 2003-07-02
- Knowledge Acquisition Models of SMEs' New Product Development Processes and the Role of Patent Information
- Successful New Product Development NPD activities need high amounts of new knowledge from a variety of different sources. When the NPD activities are seen as a process of knowledge accumulation, two knowledge processes are identified: knowledge acquisition and knowledge utilization. This paper focuses on the process of knowledge acquisition from...
- White papers 2006-02-09
- Evaluating Collaborative Applications From a Knowledge Management Approach
- 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...
- White papers 2005-04-15
- Manage the "Other Half" of Your Knowledge
- Article gives an look to the sources of knowledge and their maintenance for future use. Up to 42% of the knowledge that professionals need to do their jobs comes from other people's brains in the form of advice, opinions, judgment or answers. This focus has come at the expense of...
- White papers 2002-10-01
- Imparting Knowledge Through Storytelling - I
- There has been an ongoing interest in storytelling as a component in knowledge management over the last few years, but it has never really become a major focus. Storytelling has been touted as the best way to make the leap from information to knowledge, and as the best way to...
- White papers 2002-06-01
- The Accidental Knowledge Manager
- 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...
- White papers 2001-02-01
- On the Trail of Knowledge
- Many business executives understand that they need to manage their organization's knowledge assets and facilitate knowledge sharing among their employees. But the buzz around the term "knowledge management" sometimes generates more heat than light, and people feeling pressure to react to it should take time to discover what it all...
- White papers 2001-01-01
