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Knowledge Management: Knowledge Management (KM) Comprises A Range of Strategies and

Knowledge management comprises strategies and practices used in an organization to identify, create, distribute, and enable adoption of insights and experiences to achieve organizational objectives like improved performance, competitive advantage, and innovation. It focuses on encouraging knowledge sharing as a strategic asset and overlaps with organizational learning but distinguishes itself by greater focus on managing knowledge. Knowledge management efforts can help organizations share valuable insights, reduce redundant work, avoid reinventing solutions, reduce training time, retain intellectual capital, and adapt to changing environments through activities like on-the-job discussions, training programs, and corporate libraries. More recently, specific technologies have been adapted to enhance knowledge management, including knowledge bases, expert systems, repositories, and intranets.

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Vijay Patidar
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45 views

Knowledge Management: Knowledge Management (KM) Comprises A Range of Strategies and

Knowledge management comprises strategies and practices used in an organization to identify, create, distribute, and enable adoption of insights and experiences to achieve organizational objectives like improved performance, competitive advantage, and innovation. It focuses on encouraging knowledge sharing as a strategic asset and overlaps with organizational learning but distinguishes itself by greater focus on managing knowledge. Knowledge management efforts can help organizations share valuable insights, reduce redundant work, avoid reinventing solutions, reduce training time, retain intellectual capital, and adapt to changing environments through activities like on-the-job discussions, training programs, and corporate libraries. More recently, specific technologies have been adapted to enhance knowledge management, including knowledge bases, expert systems, repositories, and intranets.

Uploaded by

Vijay Patidar
Copyright
© Attribution Non-Commercial (BY-NC)
Available Formats
Download as DOC, PDF, TXT or read online on Scribd
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Knowledge management

Introduction: 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. Knowledge Management efforts typically focus on organizational objectives such as improved performance, competitive advantage, innovation, the sharing of lessons learned, integration and continuous improvement of the organization. KM efforts overlap with organizational learning, and may be distinguished from that by a greater focus on the management of knowledge as a strategic asset and a focus on encouraging the sharing of knowledge. KM efforts can help individuals and groups to share valuable organizational insights, to reduce redundant work, to avoid reinventing the wheel per se, to reduce training time for new employees, to retain intellectual capital as employees turnover in an organization, and to adapt to changing environments and markets. KM efforts include :on-the-job discussions, formal apprenticeship, discussion forums, corporate libraries, professional training and mentoring programs. More recently, with increased use of computers in the second half of the 20th century, specific adaptations of technologies such as knowledge bases, expert systems, knowledge repositories(storehouse, warehouse), group decision support systems, intranets, and computer supported cooperative work have been introduced to further enhance such efforts.

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