KM Inspiration Part 3
There is so much information that is transmitted within a company on a daily basis that there needs to be some type of system in place to manage all this information. Knowledge management also deals with the intellectual information that is found from a multitude of resources both on the Internet, using the virtual library, and in paper form, such as white papers. This knowledge base is important for companies so that they maintain a competitive edge over the competition. Once this knowledge has been collected it doesn’t just sit there waiting for random usage, it’s shared and distributed throughout the company so that is becomes useful to employees. Many times employees will ignore a piece of data by thinking that is has nothing to do their department or their job. This is where it’s vital that a company analyze the knowledge that is incorporated into its folds though a system of knowledge management. Once this knowledge has been analyzed it is available for use by anyone with company access.
Knowledge is also available to a company in the form of news articles, journals, relevant publications, and documentation. Many times this knowledge is crucial in the successful running of the company. Without many types of knowledge such as statistics, reports, white papers, and specific industry information many companies would lose out on a serious advantage that can push them over the top when it comes to their competition. Knowledge management is a great tool that any company can implement and that will increase their success and profit potential.
There are many knowledge management tools that are available for companies to use. Knowledge management software will help a company to organize and collate the information that is relevant to the interests of the company. Once all this information is stored in one database it becomes a great tool for all employees to use.
Watch the video related to Knowledge Management
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Help answer the question about Knowledge Management
A good advice book for starting a small business without prior management knowledge?
My sister is planning on opening a small cafe and I would like to find for her a book that without advanced management knowledge can tell her how to asses the best way of doing it.
Thanks for the answers
About Author
James Hunt has spent 15 years as a professional writer and researcher covering stories that cover a whole spectrum of interest.
Read more at www.knowledge-management-center.com
Article Source: ArticlesBase.com – Intellectual Information Management and Knowledge Management
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Someone needs to spend time with the assigned reading homework.
Use your mind. Think. Push those gray cells to communicate and share their thoughts with each other to form new ones. Or choose to be mediocre; the latter course will put you in a very large group.
Ask your tutor for help. I am sure they would prefer it if you went to them because you do not understand rather than not attempt it at all.
Sorry it is way above me, but good luck
No, it is not needed. Companies survived for hundreds of years without it.
Try ibm.com for statistics.
Data are mixed up.
There's some really good articles on management at http://management.hammocksurvivalguide.com/
I don't know if it will solve your issues but there's some good stuff there.
It is an interesting speciality, sort of a cross between a business degree and a library degree. The upside is that it will prepare you very specifically for a certain niche in an organizational hierarchy. The downside is that it might not give you enough big-picture training to move up that hierarchy. But like most undergraduates degrees what you do with it depends mostly on you, not on the degree.
Good luck.
Before attempting to address the question of knowledge management, it's probably appropriate to develop some perspective regarding this stuff called knowledge, which there seems to be such a desire to manage, really is. Consider this observation made by Neil Fleming
A collection of data is not information.
A collection of information is not knowledge.
A collection of knowledge is not wisdom.
A collection of wisdom is not truth.
The idea is that information, knowledge, and wisdom are more than simply collections. Rather, the whole represents more than the sum of its parts and has a synergy of its own.
in summary the following associations can reasonably be made:
Information relates to description, definition, or perspective (what, who, when, where).
Knowledge comprises strategy, practice, method, or approach (how).
Wisdom embodies principle, insight, moral, or archetype (why).
The value of Knowledge Management relates directly to the effectiveness with which the managed knowledge enables the members of the organization to deal with today's situations and effectively envision and create their future. Without on-demand access to managed knowledge, every situation is addressed based on what the individual or group brings to the situation with them. With on-demand access to managed knowledge, every situation is addressed with the sum total of everything anyone in the organization has ever learned about a situation of a similar nature. Which approach would you perceive would make a more effective organization?