Knowledge: Knowledge is very distinct from data and information and provides a higher level of meaning about that data and information. * Data are the collection of facts‚ measurements and statistics. * Information is organized or processed data that are timely and accurate. * Knowledge is information that is contextual‚ relevant and actionable. * through reuse. Types of knowledge: There are two types of knowledge * Explicit knowledge * Tacit knowledge
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Knowledge management in small and medium-sized companies: knowledge management for entrepreneurs R.P. uit Beijerse. Journal of Knowledge Management. Kempston: 2000. Vol. 4‚ Iss. 2; pg. 162 Abstract (Summary) This article deals with a field which gets little or no attention in the research done into knowledge management: small and medium-sized enterprises (SME). First a conceptual model for SMEs will be given‚ next this model will be used to analyze various companies. It is found that knowledge
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What is Knowledge Management? Introduction* Generally‚ knowledge is interpreted‚ subjective information within a context‚ which involves understanding and is mostly tacit‚ not explicit. Knowledge can take many forms. It can be in the form of thoughts‚ insights‚ ideas‚ lore‚ lessons learnt‚ practices‚ and experiences undergone to name just a few. The term knowledge management has become common in businesses throughout the world. Despite its increased prevalence‚ there remains a large degree
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world. Knowledge Management became popular in the 1990s‚ and it has continued to grow in the new century. The basics of Knowledge management states that organizations have different types of assets (physical and knowledge). Knowledge management concerns itself with how we can manage the knowledge assets. KM helps organizations in achieving their objectives by making use of the knowledge assets at the disposal of the organization. The two types of knowledge: are; tacit and explicit knowledge. Explicit
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KNOWLEDGE MANAGEMENT AND ICT The Emerging role of Technology on Knowledge Management Practices INTRODUCTION Technology is the usage and knowledge of tools‚ techniques‚ crafts‚ systems or methods of organization. It is the study of something‚ or the branch of knowledge of a discipline. The term can either be applied generally or to specific areas: examples include construction technology‚ medical technology‚ or state-of-the-art technology or high technology. Technologies can also be exemplified
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06-07 KNOWLEDGE MANAGEMENT AS A DOUGHNUT: SHAPING YOUR KNOWLEDGE STRATEGY THROUGH COMMUNITIES OF PRACTICE 1. About the author Etienne Wenger Etienne Wenger‚ a recognized authority on the discipline‚ is a consultant and researcher‚ and the co-author of Cultivating communities of practice: a guide to managing knowledge (Harvard Business School Press‚ 2002) with R. McDermott and W. Snyder. 2. Summary The utility of knowledge management has been debating for a long time. Knowledge is a strategic
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Human Resources Management Coursework – Manjeet Singh – 7637434 The Question: “Examine the claim that the management of knowledge workers requires the development of human resource practises that are more suited to the particular characteristics of these workers and their jobs” Introduction The term “knowledge worker” was first used by Peter Drucker in “Landmarks of Tomorrow” in 1959. A knowledge worker is someone who specialises in a specific field as they possess certain knowledge which has been
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Knowledge Management Advances Version 1 Tshidiso S. Moetapele Master of Technology: Business Information Systems (In-progress @ TUT) Business Projects Management (WBS) Copyright © 2013 Tshidiso S. Moetapele Contents o o o o o o o o o What is Knowledge Management DIKW Hierarchy Knowledge Management GOALS and Objectives Knowledge Management “Critical” Success Factors Knowledge Management Audit Knowledge Management Strategy Development Why companies implement KM How do we know if we got it
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Journal of Knowledge Management An evaluation of knowledge management tools: Part 1 – managing knowledge resources Peter Massingham Article information: To cite this document: Peter Massingham ‚ (2014)‚"An evaluation of knowledge management tools: Part 1 – managing knowledge resources"‚ Journal of Knowledge Management‚ Vol. 18 Iss 6 pp. 1075 - 1100 Permanent link to this document: http://dx.doi.org/10.1108/JKM-11-2013-0449 Downloaded on: 22 January 2015‚ At: 18:50 (PT) References: this document
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KNOWLEDGE MANAGEMENT PROJECT TITLE: IMPLEMENTATION OF KNOWLEDGE MANAGEMENT IN HSBC Under The Guidance of : Team Members: Mrs. Teena Bagga Aman Arora (B-25) Information Technology Faculty Anuj Sood (B-32) Amity Business School Mohit Gupta (B-34) Sumit Kumar (B-41) EXECUTIVE SUMMARY Banking giant HSBC bills itself as ‘the world’s local bank’‚ a phrase no doubt intended to highlight the importance of local knowledge‚ combined with financial
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