KNOWLEDGE MANAGEMENT ASSIGNMENT Submitted by:- Article-1:- The five-tier knowledge management Hierarchy Richard C. Hicks‚ Ronald Dattero and Stuart D. Galup Abstract of the Article:- Purpose – Many terms commonly used in the field of knowledge management (KM) have multiple uses and sometimes conflicting definitions because they are adapted from other research streams. Discussions of the various hierarchies of data‚ information‚ knowledge‚ and other related terms‚ although
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BUSINESS PRE-SEMESTER EXAMINATIIONS II MBA KNOWLEDGE MANAGEMENT Max.Marks.100 PART – A Answer all the questions (10x2=20) 1. Define Knowledge Management. Knowledge management (KM) comprises a range of strategies and practices used in an organization to identify‚ create‚ represent‚ distribute‚ and enable adoption of insights and experiences 2. List various team members in knowledge management system. a. Knowledge manager b. Project Manager c.
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Mary Kay Cosmetics: Sales Force Incentives Case Analysis Mary Kay Cosmetics is a company known for providing women with exceptional opportunities for professional achievement and economic success and rewarding women for their success. Mary Kay Cosmetics uses several programs to motivate‚ recognize‚ and develop its beauty consultants‚ which include recognition in a monthly magazine‚ annual events‚ gifts and prizes and most importantly‚ financial incentives. At the heart of the financial incentives
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Mary Seacole and Florence Nightingale were noted for their nursing care in the Victorian age. Seacole was soon forgotten while Nightingale became known as the founder of nursing. Mary Seacole was born in Kingston‚ Jamaica‚ in 1805. Her father was a white‚ Scottish-British soldier and her mother was a free Jamaican woman‚ who operated a boarding house for ill soldiers. Seacole gained the skills of care and traditional healing remedies from her mother (Mary Seacole‚ 2007). Later in her life‚ Mary Seacole
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An Analysis of the Organizational Culture Prevalent Among The Dabbawalas of Mumbai The Dabbawala tiffin delivery system is perhaps a unique example of a world renowned business that operates with extremely high efficiency despite lacking the use of any significant technological tools. Tasked with delivering a large number of hot home-cooked meals from their client’s residences to offices‚ the organization has ingeniously used the Mumbai suburban train network in order to facilitate their operation
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Creating a knowledge sharing culture in organizations today is a norm. Please comment. The most valuable asset with any organization is intellectual capital i.e knowledge. Hence it is inevitable for organizations to create‚ nurture and develop this asset to achieve sustainable advantage in the market. Organizations can leverage the power of knowledge and bring innovation in their product and service offerings‚ achieving higher customer satisfaction‚ higher revenues‚ profits etc. Ultimately
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What Is Knowledge Management? Knowledge Management is one of the hottest topics today in both the industry world and information research world. In our daily life‚ we deal with huge amount of data and information. Data and information is not knowledge until we know how to dig the value out of of it. This is the reason we need knowledge management. Unfortunately‚ there’s no universal definition of knowledge management‚ just as there’s no agreement as to what constitutes knowledge in the first place
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change to the structure of an organization as well as its processes. Many of the studies have concluded that the organizational structure is strongly affected by the principal technology which the organization uses. (Volti‚ 2005) Technology‚ in simple terms‚ is seen as the conversion of inputs into outputs using machines‚ equipments and processes. It is a system based on the use of knowledge and organization‚ evident in physical objects for the attainment of precise goals. However‚ with the coming along
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we have knowledge independent of our culture? Counterclaim: All knowledge is based on our culture‚ without culture there is no knowledge. Culture is the characteristics of a particular group of people‚ defined by everything from language‚ religion‚ cuisine‚ social habits‚ music and arts. Since we come into the world‚ we become part of a culture. Our parents and guardians slowly push us into it‚ they teach us about values‚ traditions‚ religion and everything else that can be called culture. We first
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* Knowledge Retention Strategies in Industries * A brief introduction Knowledge management is the systematic process of finding‚ selecting‚ organizing‚ distilling and presenting information. Tacit knowledge is the knowledge we each carry in our heads about how to do things‚ who to call and the lessons learned through experience. Making it explicit is recording in some media that allows another person to use it. The media can be a complex computer database or a piece of paper tacked
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