Preview

Knowledge Management Individual Report

Powerful Essays
Open Document
Open Document
5495 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Knowledge Management Individual Report
Knowledge management is the name of a concept in which an enterprise consciously and comprehensively gathers, organizes, shares, and analyzes its knowledge in terms of resources, documents, and people skills. In early 1998, it was believed that few enterprises actually had a comprehensive knowledge management practice (by any name) in operation. Advances in technology and the way we access and share information have changed that; many enterprises now have some kind of knowledge management framework in place.
Knowledge management involves data mining and some method of operation to pushinformation to users. Some vendors are offering products to help an enterprise inventory and access knowledge resources. IBM's Lotus Discovery Server and K-Station, for example, are products advertised as providing the ability to organize and locate relevant content and expertise required to address specific business tasks and projects. They are said to be able to analyze the relationships between content, people, topics, and activity, and produce a knowledge map report.
In an Information Week article, Jeff Angus and Jeetu Patel describe a four-process view of knowledge management that we have put into a table: This major process... | Includes these activities.... | Gathering | * Data entry * OCR and scanning * Voice input * Pulling information from various sources * Searching for information to include | Organizing | * Cataloging * Indexing * Filtering * Linking | Refining | * Contextualizing * Collaborating * Compacting * Projecting * Mining | Disseminating | * Flow * Sharing * Alert * Push |
A knowledge management plan involves a survey of corporate goals and a close examination of the tools, both traditional and technical, that are required for addressing the needs of the company. The challenge is to select or build software that fits the context of the overall plan and encourage employees to share information.

You May Also Find These Documents Helpful

  • Powerful Essays

    Knowledge Management

    • 2695 Words
    • 11 Pages

    Knowledge management is the process by which an organization creates, captures, acquires and uses knowledge to support and improve the performance of the organization. Two types of knowledge management are usually defined. The first is identifying knowledge. This means the documents and catalogues knowledge held by individuals and other forms of intellectual capital within the organization. Knowledge documentation generally includes a directory of experts or specialists, a database of best practices, foreign language capabilities, or unique talents or skills. In many organizations these are computer accessible databases of individuals and their competencies in the form of documents: memos, team progress reports, journal articles, resumes, working papers and research reports. The second type of knowledge management functions to facilitate the sharing of knowledge throughout the organization. This is usually…

    • 2695 Words
    • 11 Pages
    Powerful Essays
  • Satisfactory Essays

    | The author points out that successful implementation of Knowledge management has determinants that are specific to different organizational contexts. However, some factors that have had a significant impact on making an organization’s Knowledge management system a success are: 1. A shared understanding of the concept of knowledge management 2. The identification of the value of the co-creation of the knowledge management strategies which make up the system 3. The positioning of knowledge management as a strategic focus area in the organization. 4. Appropriate management of information throughout all stages of the Knowledge life-cycle and the appropriate alignment of technology and information to ensure access to knowledge for all individuals involved. 5. Understanding the role of organizational culture in the working of the organization and its importance in making the knowledge management system a success.…

    • 360 Words
    • 2 Pages
    Satisfactory Essays
  • Best Essays

    John Deere Complex Parts

    • 1426 Words
    • 6 Pages

    Discovery Communications, Inc. is a company that has adopted a new technological advancement in their workflow by implementing knowledge management systems. Discovery Communications is the world’s number one nonfiction media company servicing its consumers with real-world content through documentaries and television programs (Overview & Mission, 2012). The company has adopted the new knowledge management system in order to streamline their system of collecting, transferring, securing and managing the company’s information.…

    • 1426 Words
    • 6 Pages
    Best Essays
  • Best Essays

    In order to create, develop and extract value from knowledge and information, the right operational and strategic processes are needed to put into place. Knowledge management leads to structure and management methods based upon idea sharing thus giving voice to customers, workers and partners. From the organizational perspective, the objectives of exploiting information and knowledge resources should aim to support the effective utilization of knowledge in every company. Generate new knowledge, access valuable knowledge from outside sources, use knowledge in decision making, embed knowledge in processes, products, and services; represent knowledge in documents, databases, and software; facilitate knowledge growth through culture and intensives, transfer existing knowledge into other parts of the organization, and measure the value of knowledge assets and/or the impact of knowledge management.…

    • 1899 Words
    • 8 Pages
    Best Essays
  • Good Essays

    Ibm Knowledge Management

    • 1669 Words
    • 7 Pages

    White Paper Description This overview describes the Lotus and IBM strategy for Knowledge Management. It highlights the key elements of Knowledge Management and the benefits that it brings to organizations. This clear, high level vision of Knowledge Management serves as a solid introduction to Knowledge Management and the Lotus and IBM products, services and solutions that enable it.…

    • 1669 Words
    • 7 Pages
    Good Essays
  • Best Essays

    Jennex, M.E. (2005). “What is Knowledge Management?” International Journal of Knowledge Management, 1(4), pp. i-iv.…

    • 3515 Words
    • 13 Pages
    Best Essays
  • Satisfactory Essays

    Knowledge management is not just about management of knowledge work processes or people performing them, since it influences technology and organizational structure as well. The position researched by this framework suggests that only with the consideration of balance among all the four variables it is possible to demonstrate the activities of knowledge management in an organization. Therefore, instead of disregarding the importance of these variables or ignoring one of them (e.g. technology) all together, this famework views all the groups and elements equally and puts all the variables in priority; in this manner, the activities of knowledge management could reach maximum success.…

    • 603 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Knowledge management literature is plentiful with different understandings of knowledge, information and data, as ideas and thoughts. As a result many organizations experience lots of expenses on knowledge management technologies, which hardly deliver with the expected outcome (Davenport, and Prusak, 1998). For further explanation, Argote et al., (2003) tried to organize Knowledge Management literature by separating it into two parts: Knowledge Management context and Knowledge Management outcome. The concluding suggests knowledge creation, maintenance and transfer. The background part stresses more the units (individuals, groups or organisations), the relationship between them and the nature of the knowledge. Reich…

    • 884 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Knowledge Management

    • 1230 Words
    • 5 Pages

    Knowledge management always multiple users to access documents on the web and even larger data sets residing in the organizations’ intranets and web- accessible databases. As the amount of available data continues to grow rapidly, it is increasingly difficult for users to find, organize, access, and maintain the information they require.…

    • 1230 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Knowledge Management

    • 2925 Words
    • 12 Pages

    From the past, people used knowledge to do all the things to survive such as hunting and planting. These days, survival in the human life and either in the business, people need to transfer information to knowledge to take advantages. Hanoimilk is one of the famous company’s brand names in Vietnam resulted in the understanding the knowledge for Vietnamese market by providing quality products with the suitable prices, therefore, they have experiences to take advantages more than other competitors. This assignment is going to analyze how well knowledge management can lead the company to the success outcomes. Step by step, the aspects of the knowledge management in modern business will be discussed. After that, it will describe the impact of Knowledge Management to organization, leadership and Knowledge Management processes, finally, is about Knowledge Management Life Cycle.…

    • 2925 Words
    • 12 Pages
    Good Essays
  • Powerful Essays

    With this humbling thought I set out to tackle the Herculean task of understanding and consolidating the complex necessary and fast growing area of Knowledge Management. While there was no dearth of companies, websites and books to be studied, the data obtained was staggering. Time was a Limiting factor due to which only a certain number of them could be studied.…

    • 6231 Words
    • 25 Pages
    Powerful Essays
  • Better Essays

    Knowledge management is systematic management of intellectual capital and organizational knowledge as well as the associated processes of creating, gathering, organizing, retrieving, leveraging, and using intellectual capital for the purposes of improving organizations and the people in them. Through these processes, organizations capture and store data and information in a central or distributed electronic environment—often referred to as a knowledge base. Knowledge management involves an intentional effort to stimulate the sharing and use of knowledge, instead of relying on ad-hoc and informal knowledge sharing activities, while at the same time keeping the knowledge secured within the organization and its selected partners. Knowledge management is about changing the way that employees create, share and use their knowledge, so that the organization retains and builds upon the knowledge. It is the cultural aspects of transforming individual-held implicit knowledge to organizational-shared explicit knowledge.…

    • 4159 Words
    • 17 Pages
    Better Essays
  • Good Essays

    Knowledge Management

    • 795 Words
    • 4 Pages

    We need knowledge management to reacting to new business opportunities and to build brain sensitivity to brain drain. So that we could create, transfer and apply knowledge with the purpose of better achieving objectives. Because knowledge is really important to achieve the goals.…

    • 795 Words
    • 4 Pages
    Good Essays
  • Good Essays

    BEST PRACTICES KNOWLEDGE MANAGEMENT FRAMEWORK Presented by: Janice S. Madarang MPA620 – Administrative Innovations and Reforms WHAT IS KNOWLEDGE MANAGEMENT? Knowledge management is capturing, structuring, enhancing and disseminating the knowledge of an organization. Knowledge management involves:  Getting the right information, to the right person, at the right time and cost  Organizing, distilling and presenting information in a timely, relevant, accurate and simple manner  Leveraging both tacit and explicit knowledge in a systematic way…

    • 1569 Words
    • 10 Pages
    Good Essays
  • Best Essays

    Bolloju, N., Khalifa, M., Turban, E. (1998). Integrating Know/edge Management Into Enterprise Environmentw For Next Generation Decision Support, Decision Support System 1998, pp. 21-28.…

    • 3476 Words
    • 14 Pages
    Best Essays