knowledge Management

knowledge Management

 What exactly Is info Management ?

We found many various definitions, but the one that best work our understanding of KM….

“TURNING knowledge IN TO KNOWLEDGE”

Definition:

“Any structured activity that improves associate degree organization’s capability to a mass, share, and utilize info in ways that during which improves its survival and success.”

It jointly helps to know,

“KM is not a technology, but a strategic answer that applies knowledge technology.”

Why have  KM ?

Quite just, most firms do not perceive what they perceive. Knowledge is passed on too slowly, and usually not getable to people who would use it to form overpriced selections.

KM helps to eliminate info problems

In every instance, the company’s with km in place have a lower incidence of knowledge problems than those whereas not km.

Basics of information Management :

In order to know what the definition suggests that, and therefore the means it'll pertain to business, one ought to first understand variety of basics of knowledge management.

1. Data

2. info

3. Knowledge

Knowledge ar typically divided into any a pair of categories

I. SILENT   K-N-O-W-L-E-D-G-E     OR    T-A-C-I-T    K-N-O-W-L-E-D-G-E

II. SPECIFIC   K-N-O-W-L-E-D-G-E  OR    E-X-P-L-I-C-I-T       K-N-O-W-L-E-D-G-E

1. Data

Now we have a tendency to tend to debate what is D – A – T – A ?

“A set of separate facts”

An Example would be: Company K incorporates a $4 million enable the in house IT department.

2. info

Information : -

ar those Facts OR statistics that ar ready to portray specific circumstances OR

C – O – N – D – I – T – I – O – N

“Data with association and purpose”

Example: The $4 million enable Company K was a a pair of hundredth increase over the 2014 budget.

3. data ( data ar typically divided into any a pair of categories )

Now we have a tendency to tend to debate what is K – N – O – W – L – E – D – G – E ?

The K – N – O – W – L – E – D – G – E is refined , polished , genteel , courteous , well –mannered, gallant I-N-F-O-R-M-A-T-I-O-N.

“Knowledge is processed data”

Example: the increase of Company K’s IT budget is thanks to the competitive edge that the in house knowledge Management Program has helped to urge.

T-A-C-I-T    K-N-O-W-L-E-D-G-E

“Know how”

Difficult, tricky , easier to mention than to try to, intricate, to elucidate or to place in plain words

“It ar typically incontestable but rarely statute, and resides with its holder. It gets transferred through demonstration and on-the-job employment.”

Examples embrace riding a motorcycle and throwing a ball.

E-X-P-L-I-C-I-T    K-N-O-W-L-E-D-G-E

Explicit knowledge is much further easier to pass from one person to the alternative. It ar typically written get into step by step tips that could follow to complete a task.

An example of silent knowledge is that the power to create associate degree influence purpose slide

Obstacles/ Bottleneck while implementation of  

K-N-O-W-L-E-D-G-E M-A-N-A-G-E-M-E-N-T

Convince employees that it's in their best interest to share knowledge. This goes against commonplace thought that claims knowledge is power, so become further powerful than others.

“While employees won't deliberately hoard their knowledge, convincing them to form the time to participate in and contribute to an information management system or community ar typically a challenge.”

Deciding that knowledge have to be compelled to be maintained.

More Difficulties of implementing

K-N-O-W-L-E-D-G-E M-A-N-A-G-E-M-E-N-T.

Senior management is additionally reluctant.

They may feel that they lose management once knowledge not ought to have them.

Benefits of   K-N-O-W-L-E-D-G-E    M-A-N-A-G-E-M-E-N-T

Forestalling of idle era “reinventing the wheel.

Improved deciding.

Encourage employees global organization agency are not networking to move in sharing knowledge.

Improves support among colleagues thanks to the value of information they receive.

How helpful can metric linear measure be?

“We had an important disadvantage that was planning to forestall us of America from launching a replacement merchandise on time. we have a tendency to tend to denote the question to the mental object associated got {a solution|an associate degreeswer} from an engineer global organization agency had merely resolved a similar disadvantage. we have a tendency to tend to created the fix and got the merchandise out on time, saving us of America millions in lost revenue”

K-N-O-W-L-E-D-G-E   M-A-N-A-G-E-M-E-N-T  Strategy

1. In 1996, knowledge management was the current / current , new topic

2. At that time, there are three main ways for metric linear measure

A top-down, corporate-wide strategy

A middle-out strategy

A bottom-up, low budget strategy

3. Xerox opted for the bottom-up strategy, but tied it to the company’s vision of metric linear measure

4. Used 30-40 employees to unfold the word regarding metric linear measure

BOTTOM-UP K-N-O-W-L-E-D-G-E M-A-N-A-G-E-M-E-N-T

1. Xerox chosen this strategy for the next reasons:

Little risk, large gain potential

Could cause new merchandise and markets

2. thought of a voluntary strategy

3. once positive results were found, a particular metric linear measure follow might then be implemented throughout the company

VIEWS  OF  K-N-O-W-L-E-D-G-E  M-A-N-A-G-E-M-E-N-T  IN  ASIA

A kind increase in knowledge Management activities in Asia

the huge seminars and conferences in every year

Summary

several edges of information Management.

Improved deciding.

workers impressed to share knowledge.

Support among colleagues improved.

In Japan, knowledge-based communities use IT

like one large knowledge community