The terms knowledge and knowledge management are such broad topics that there have no common definitions. Knowledge is something that is believed and reliable, as distinguished from information which is a set of data arranged in meaningful patterns. Knowledge is information combined with experience, and …
In today competitory environment, the cognition direction is significantly become more importance in many administrations. Harmonizing to Chaffey ( 2007, p.486 ) define that cognition direction is the direction of activities and procedures for leveraging cognition to heighten fight through better usage and creative activity …
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 …
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 …
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 …
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 …
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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