complexity and knowledge intensity of Siemens’ business. As Joachim Döring‚ ICN manger recalls: “Suddenly‚ our salespeople were facing the challenge of having to offer solutions rather than precisely defined products. That significantly increased our influence on the value-added chain as far as customers were concerned.”
Premium Knowledge management Knowledge Management
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
Premium Management Knowledge management Knowledge
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
Premium Knowledge management Management Knowledge
¨You seek for knowledge and wisdom‚ as I once did; and I ardently hope that the gratification of your wishes may not be a serpent to sting you‚ as mine has been…(Shelley 12)¨. The pursuit of knowledge has always been a weakness of man throughout history‚ even though it has been encouraged to be ¨knowledgeable¨‚ there has been a fine line of danger that accompanies any amount of knowledge that can be acquired. In the story of Frankenstein‚ by Mary Shelley‚ expresses this idea as the main character
Premium Frankenstein Mary Shelley Knowledge
L’Oreal: Global Brand‚ Local Knowledge 1. Outline the various conflicting demands on L’Oreal in the international context and their relative importance. What tradeoffs do you see among them? The conflicting demands are: Global Integration Local responsiveness Leveraging knowledge (local to Global) Global Integration: L’Oreal is one of the world ’s most progressive companies and it is being honored for creating a corporate culture that embraces and drives diversity throughout the company
Premium Human resources Globalization Human resource management
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
Premium Knowledge Knowledge management Tacit knowledge
The Data/Information/Knowledge/Wisdom Continuum The Data/Information/Knowledge/Wisdom Continuum Data‚ information‚ and knowledge are words used to assign meaning to our complex nursing work. In the field of information technology‚ these words are used to give meaning and direct the flow of organizational knowledge (Thompson & Warren‚ 2009). The concept of the data-information-knowledge-wisdom (DIKW) continuum is the transformation of data into wisdom through cognitive processes‚ which are
Premium Management Psychology Scientific method
Knowledge Management Models 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
Premium Management Organization Strategic management
Knowledge Management & Transfer Model {Techniques and Forms} [pic] Division of Personnel Department of Administrative Service State of New Hampshire Table of Contents Page Content 3-4 Introduction 4-6 Generally Accepted Definitions for Knowledge Management and Transfer 7 Knowledge Transfer Practices Chart 8-13 Developing and implementing a knowledge management/transfer plan [Steps‚ Forms‚ and Example] 14-16 Overviews of knowledge management/transfer strategies
Premium Knowledge management Knowledge Tacit knowledge
Components of a Knowledge Management System A Knowledge Management System (KMS) refers to either a technology-based or non-technical interconnected group of functions that have behaviour that enables or facilitates either (or a combination of) the discovery‚ capture‚ integration‚ sharing or delivery of the knowledge required by an organisation to meet its objectives. It can comprise a part of a Knowledge Management initiative or strategy to improve the utility of an organisation’s intellectual
Premium Knowledge management Management Knowledge