To evaluate the benefits of Soft Systems Thinking (SST) in promoting an organisational intellectual capital it is necessary to understand the concept of Soft Systems Methodology and how this methodology can be used to foster teamwork, communities of practice and social learning, and whether these …
1. INTRODUCTION Fiol and Lyles (1985) describe organizational learning, as being the process wherein organizations being cognitive enterprises, have the capability to accumulate information regarding their own actions, understand the effects against those of alternatives, then adopt the most relevant action in relation to future …
Knowledge management in an organisation means to capture the knowledge that is critical to them, constantly improve it and make it available in the most effective manner to those who need it. There are two types of knowledge explicit and tacit. Explicit knowledge is a …
The article “Where Did Knowledge Management Come From” by L. Prusak discusses different perspectives on development of knowledge management, analyzes impact of globalization on knowledge management and identifies disciplines which have shaped the field. The article is retrieved from online database devoted to knowledge management …
In today’s increasing competitive environment and the new economy of brick and click enterprises, knowledge management (KM) can be considered as a business integration discipline which endeavours, ‘to improve the performance of individuals and organisations by maintaining and leveraging the present and future value of …
Managing the Fizz The People Element of Knowledge Management We are now in the knowledge era, or information age, where radical change will challenge our traditional paradigms of organisation structure, industry structure and product/service definitions. This ‘new world of business’ is characterised by high levels …
The website enTarga.com is a website offering consultancy services for the strategic planning for the business of the future. This website is owned by ROSS A. WIRTH who is acclaimed professional and academician. This website offers consultancy services for the change management within any organization …
Innovation is something that drives company towards success. The article “Making Innovation Strategy Succeed” by Amy Bernstein provides interview with Barry Jaruzelski – Vice President of Booz Allen Hamilton discussing the process, findings and effectiveness of the annual Global Innovation 100 study. The paper is …
The knowledge management (KM) group of Informs first thought that by promoting he Shop with Knowledge Currency Units (KC), which could be accumulated and exchanged for monetary rewards, would Increase the knowledge sharing on the portal. But this led to over contribution which resulted In …
Goals
The purpose of the Knowledge Management process is to share perspectives, ideas, experience and information; to ensure that these are available in the right place at the right time to enable informed decisions; and to improve efficiency by reducing the need to rediscover knowledge.
Value
Knowledge management is important because it boosts the efficiency of an organization's decision-making ability. In making sure that all employees have access to the overall expertise held within the organization, a smarter workforce is built who are more able to make quick, informed decisions that benefit the company.
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