Article Review - Why Knowledgement Management Is Important to Your Company
Student: | Kevin Palisi | CIT no.: | CIT070118 | Subject: | MGNT334 Manage knowledge and information | Title: | Article review – Why knowledge management is important to the success of your company | Assessment: | Assessment One Ungraded 250 words Friday 13 SeptemberFrom the three articles provided by the teacher, select one and write a 300 word review about the article. This is to be shared with other students in the subject, by posting your article review in the discussion area on the eLearn site by the due date | Grade | Ungraded | Words: | 250 – 300 words | Due date: | Friday 13 Sep |
Article review
Why Knowledge Management is Important to the Success of your Business http://www.forbes.com/sites/lisaquast/2012/08/20/why-knowledge-management-is-important-to-the-success-of-your-company/#undefined ForbesWoman 2013 Forbes.com LLC™ All Rights Reserved 8/20/2012 @ 8:26AM
Quast (2012) in her article ‘Why knowledge management is important to the success of your company’ highlights the problem of data overload for managers and company success. Knowledge management typically leads to improved employee involvement, organisational creativity and innovation (Oxford, 2006, page 301). Quast’s interpretation of knowledge management is valid, identifying the need to build organisational learning and stimulate cultural change and innovation. However, organisational creativity and intrapreneurship are overlooked with her attention focusing on facilitation of decision making capabilities.
A manager’s KM activities need to support organisational learning as a routine part of work, as Quast identifies, and should go on to improve employee involvement. These activities involve capturing live data for everyday business operations, summarising it into information and managing this knowledge for company creativity and success. This knowledge can contribute to organisational strategy, learning, and streamlining and processes
Article review
Why Knowledge Management is Important to the Success of your Business http://www.forbes.com/sites/lisaquast/2012/08/20/why-knowledge-management-is-important-to-the-success-of-your-company/#undefined ForbesWoman 2013 Forbes.com LLC™ All Rights Reserved 8/20/2012 @ 8:26AM
Quast (2012) in her article ‘Why knowledge management is important to the success of your company’ highlights the problem of data overload for managers and company success. Knowledge management typically leads to improved employee involvement, organisational creativity and innovation (Oxford, 2006, page 301). Quast’s interpretation of knowledge management is valid, identifying the need to build organisational learning and stimulate cultural change and innovation. However, organisational creativity and intrapreneurship are overlooked with her attention focusing on facilitation of decision making capabilities.
A manager’s KM activities need to support organisational learning as a routine part of work, as Quast identifies, and should go on to improve employee involvement. These activities involve capturing live data for everyday business operations, summarising it into information and managing this knowledge for company creativity and success. This knowledge can contribute to organisational strategy, learning, and streamlining and processes
Bibliography: Collison, C. and Parcell G. (2001). Learning to Fly. Practical lessons from one of the World’s Leading Knowledge Companies. United Kingdom: Capstone Publishing Limited. Davenport, T. and Prusak L. (2000). Working Knowledge: How organizations manage what they know. United State of America: Harvard Business School Press. Oxford Paperback Reference (2006). Oxford Dictionary of Business and Management. United Kingdom: Oxford University Press. Quast, L. (2012). Why knowledge management is important to the success of your business. http://www.forbes.com/sites/lisaquast/2012/08/20/why-knowledge-management-is-important-to-the-success-of-your-company/#undefined