km2 MARKS-4
km2 MARKS-4
b) Information
Information is processed data that is meaningful and useful. It can be facts, figures, or any other
type of data that is used to make decisions or solve problems.
c) Expertise
Expertise is a high level of knowledge or skill in a particular area. Experts have a deep
understanding of their field and are able to apply their knowledge to solve complex problems.
d) Wisdom
Wisdom is the ability to use knowledge and experience to make sound judgments and decisions.
It involves understanding the big picture and considering the long-term consequences of one's
actions.
e) Knowledge Codification
Knowledge codification is the process of capturing and organizing knowledge in a structured
format. This can be done through a variety of methods, such as creating databases, writing
manuals, or developing training programs.
• Knowledge capture rate: The percentage of knowledge that is captured and stored in a
knowledge management system.
• Knowledge reuse rate: The percentage of knowledge that is reused by employees.
• Knowledge sharing rate: The percentage of employees who share their knowledge with
others.
• Employee satisfaction with knowledge management: A measure of how satisfied
employees are with the knowledge management system and processes.
• Return on investment (ROI) of knowledge management: A measure of the financial
benefits of knowledge management initiatives.
g) Explicit Knowledge
Explicit knowledge is knowledge that can be easily articulated and shared. It can be documented
in books, articles, manuals, or other forms of media. Explicit knowledge is often easier to
manage and share than tacit knowledge.
• Facts
• Figures
• Data
• Processes
• Procedures
Tacit Knowledge is the kind of knowledge that is difficult to articulate and is often embedded in
the individual, team, or organization. It is often acquired through experience and is difficult to
transfer to others.
• Skills
• Know-how
• Intuition
• Judgment
• Experience
a) Information:
• Definition: Information is processed data that is meaningful and useful. It can be facts,
figures, or any other type of data that is used to make decisions or solve problems.
• Key Characteristics:
b) Objective Knowledge:
• Key Characteristics:
c) Codifiability of Knowledge:
• Definition: Codifiability refers to the extent to which knowledge can be easily articulated,
documented, and shared.
• High Codifiability: Knowledge that can be easily expressed in a structured format (e.g.,
manuals, databases, reports).
• Low Codifiability: Knowledge that is difficult to articulate and often resides within
individuals (e.g., tacit knowledge, skills, expertise).
d) Tacit Knowledge:
• Definition: Tacit knowledge is the kind of knowledge that is difficult to articulate and is
often embedded in the individual, team, or organization. It is often acquired through
experience and is difficult to transfer to others.
• Key Characteristics:
3. Knowledge Organization: Structuring and categorizing knowledge for easy retrieval and
access.
5. Knowledge Application: Using knowledge to solve problems, make decisions, and improve
performance.
• Importance:
g) Common/Shared Knowledge:
• Importance:
• Data: Raw, unprocessed facts and figures. It has no inherent meaning or context.
• Information: Processed data that is meaningful and useful. It provides insights and
understanding.
b) Expertise:
• Definition: Expertise is a high level of knowledge or skill in a particular area. Experts have a
deep understanding of their field and are able to apply their knowledge to solve complex
problems.
• Key Characteristics:
• Definition: Organizational culture refers to the shared values, beliefs, norms, and behaviors
that shape the way people interact and work within an organization.
• Importance:
o Influences Knowledge Behavior: Shapes how employees create, capture, and use
knowledge.
5. Knowledge Application: Using knowledge to solve problems, make decisions, and improve
performance.
• Knowledge Capture Rate: The percentage of knowledge that is captured and stored in a
knowledge management system.
• Knowledge Sharing Rate: The percentage of employees who share their knowledge with
others.
• Search and Retrieval: Enables easy and efficient search and retrieval of knowledge.
• Knowledge Creation: Provides tools for creating and sharing new knowledge.
b) Epistemology:
o What is knowledge?
• Definition: Data mining involves the process of discovering hidden patterns and insights
from large datasets.
• Role in KM:
o Predicting Future Trends: Forecasting future needs and trends based on historical
data.
• Facilitate Knowledge Sharing: Provide tools for capturing, storing, and sharing knowledge.
f) Knowledge Portal:
o Search and Retrieval: Enables easy and efficient search and retrieval of knowledge.