This website uses cookies to ensure you have the best experience. Learn more

Knowledge Management Essay

1197 words - 5 pages

Knowledge Management: Embedding knowledge sharing culture

1. What is Knowledge Management?

Knowledge Management (KM) has made its name since early 1990’s and until today KM still turn out to be one of the burning topic in management world as it have the potential to influence many spheres of an organisation. Lots of organisations acknowledge that knowledge is a crucial asset for them in order to success and subsist in an increasingly competitive market (Benjamin et al., 1998). Therefore it has become one of the main reason for the exponential growth of KM in the past decade.

If we ask what is KM, one would simply explain KM is about how the organisation manage their organisation’s knowledge. This is the most simple and straight forward answer. Actually it is fair enough because we can simply describe the answer from the word “knowledge” and “management” itself. Even though the answer is acceptable but it is not describing the whole picture of KM. KM does not have a specific definition because the definition can be varies in different perspectives (i.e. business, process and technology). Following is one of the widely accepted KM definition for its simplicity and broad context:

“Knowledge Management is a discipline that promotes an integrated approach to identifying, capturing, evaluating, retrieving, and sharing all of an enterprise's information assets. These assets may include databases, documents, policies, procedures, and previously un-captured expertise and experience in individual workers” (Duhon, 1998).

In this definition, Duhon manage to succinctly capture the broad scope of KM. Obviously having all the knowledge assets neatly organised would provide a great value to an organisation.

2. What is knowledge?

In our day to day life, we are dealing with great amount of data and information. The data and information will not transform into knowledge until we know how to dig the value out of it. Knowledge has become one of the most important pillar in KM as it has been recognised as a resource that is valuable to an organisation's ability to innovate and compete (Ahmed & Goulding, 2006).

Knowledge can be categorised as tacit knowledge and explicit knowledge. Kimiz (2005) described, tacit knowledge is usually resides within the head of knowers and difficult to articulate and to put into words, text, or drawings. In contrast, explicit knowledge represents content that has been captured in some tangible form such as words, audio recordings, or images. Therefore, explicit knowledge is easier to transmit to others as it is already resides in tangible media.

Tacit and explicit knowledge are very essential and priceless to the organisation. Thus organisation must integrate both types of knowledge in order to perform their job effectively. In an organisation, all these knowledge can be found in employees experience, documents (digital and hardcopy), designs and process for goods and services, ideas or strategies for new products and...

Find Another Essay On Knowledge Management

Knowledge Management Essay

1056 words - 4 pages reference, I will list the key barriers that Xerox has been able to overcome while perfecting the practice of Knowledge Management(KM). I will also show how the rapid advancement in their knowledge sharing capability has become an extremely profitable venture.BarriersAccording to Michael Hickins, Xerox was the leader in copier technology prior to the 1970s. The first major barrier surfaced when their patents began to expire and they were almost put

Knowledge Management Essay

1470 words - 6 pages specific technical term which not appropriate of the children’s reading and difficult to the understand. This article more focusing to an the information professionals such as information specialists, information scientists, librarians, record directors, researchers, lecturers, author, teachers and others that have interest in the knowledge management. 1.3 BRIEF SUMMARY A large amount of research has recently been discussing about the features of a

knowledge management

792 words - 4 pages QUESTION 1 a) What is the definition of knowledge management? Knowledge management can be define as a systematic process to acquire, create, synthesize, share and use information, insights and experiences to transforms ideas into business values. b) In your opinion, should an organization invest in knowledge management initiatives? Justify. Yes. Organization should invest in knowledge management initiatives because Knowledge

Knowledge Management in Healhcare

1755 words - 7 pages Introduction Knowledge management in the healthcare domain may be regarded as an integration of formal techniques and methods in order to ease the utilization, dissemination, preservation, development, identification, acquisition and creation of the diverse aspects of the knowledge assets of the healthcare organization (Bordoloi & Islam, 2012). Delivery of excellent healthcare services requires optimal knowledge management and thereby having an

Knowledge Integration and Management

1485 words - 6 pages Recent years have seen a surging interest in knowledge integration and management on this high-tech world, and the field of Knowledge Integration (KI) and Knowledge Management (KM) has rapidly gained popularity both in academia and in industry. Thus, can knowledge be integrated or managed? This briefing paper outlines what is knowledge, and Knowledge Integration, Management, how does it work, and finally relate to Information Technology

Knowledge Management in SMEs

9236 words - 37 pages from the implication of knowledge, first and foremost one should determine the various functions of it. Small-Medium size Enterprises, compose a large portion of today's businesses, thus, practical extension of such a concept to dipper stratums of SMEs is essential.This case considers the importance role of Knowledge Management (KM) in small and medium size enterprises (SMEs) and the appropriate KM techniques for such organizations. This study

Knowledge Management & Innovation Theory

2254 words - 9 pages Knowledge Management and Innovation Theory Introduction Arguably, world economy in the recent post-industrial times can be said to be an information-intensive atmosphere. A good number of scholars assert that, competition both in global and local market, distinction of the market place, as well as profitability is influenced by efficient knowledge. There are numerous definitions that have been put forward to explain the term ‘knowledge

Knowledge Management in Healthcare

1822 words - 7 pages departmental sharing of information. Also to be illustrated are the proper assimilation sequence of the knowledge management model tools in the organization so as to improve on the limitations and increase efficiency of operation within. Extensively, the patient centered medical home and the Chronic Care Management are integrated in the acute care system and the hospital in regards to delivering chronic illness care. The current payment and delivery

Knowledge Management in Organizations

3231 words - 13 pages The owners of any company always search for different methods to make their company and business profitable. Knowledge management is one of the aspects that are very important for the company and business. First of all, it is important to find out what really the knowledge management is. ‘’ There is much more to knowledge management than technology alone. Knowledge management is a business process.’’ (Sarvary, 1999, p.95). Nowadays in the

Bioinformatics Knowledge Management Systems

2741 words - 11 pages Summary Bioinformatics and Knowledge Management Systems (KMS) themselves are very broad and complex topics. Combining the two topics together creates a very specific yet still open subject. Many other people have discussed KMS within specific sub-areas of the Bioinformatics field but none talk at length about the Bioinformatics KMS (BKMS) as a whole. In this paper I will evaluate KMS based on my research and critiques in hopes to build a better

Case study: Knowledge Management at American Management Systems - Knowledge Centers

2457 words - 10 pages and designed software that will improve decision-making in national defense expenditures.There are three major challenges facing the company and they include knowledge management strategies, human resources and the company's Lifecycle Productivity System (LPS). SWOT Analysis is used to determine significant internal and external factors that influence the direction of the company. Two alternative solutions are presented to improve the company's

Similar Essays

Knowledge Management Essay

2444 words - 10 pages Knowledge Management majorly can be seen as an approach whereby an enterprise or organization can influence the ‘tacit’ and ‘explicit’ Knowledge of its employees, trading partners, and outside experts for the benefit of the organization (Ackerman et al., 2002, Bellaver and Lusa, 2001). Knowledge Management leads to driving Knowledge till an extent of being a vital asset of an organization and alongside develops processes and activities to manage

Knowledge Management Essay 1099 Words

1099 words - 5 pages Knowledge Management is a tool that uses internet technologies to put large amounts of data online using a company’s intranet. This set up creates a central depository of a company’s information. This gives all employees within a company access to the vast wealth of knowledge a company has created. This knowledge can consist of many different types of information. Some examples are client knowledge, knowledge of process, knowledge in the

Knowledge Management Essay

789 words - 3 pages paper will review relevant theories and practices associated with Strategic Human Resource Management (SHRM) and how these theories and practises can assist in managing the organisation knowledge. Lastly the paper will attempt tie to together knowledge, SHRM and how the use of SHRM can impact on the organisations competitive advantage. Within the professional services sector, such as consulting, an employees knowledge of the industry in which

Knowledge Management Essay 1140 Words

1140 words - 5 pages , researchers, lecturers, author, teachers and others that have interest in the knowledge management. Innovative research and findings from the writings help the intended audience to move forward with the library and information science research. 3.3 BRIEF SUMMARY Information technology (IT) has been considered as one of the key enablers of knowledge sharing activities. However, at present there is no consensus on whether IT can facilitate the