Categories: All - management - collaboration - competitive - acquisition

by Pial Ahsan 6 years ago

223

Chapter 1

Knowledge management involves the systematic process of acquiring, sharing, and utilizing knowledge to enhance organizational performance and intellectual capital. It addresses the need for the availability of knowledge, which can be hindered by individual time constraints and private information, potentially impacting business operations.

Chapter 1

Knowledge Management (KM)

Benifit

individual
IBM fellow program
team
xerox corporation
organization
innovative strategy, improved internal, competitive advantage
society
knowledgeable society via collaboration

Data,Info,Knowledge,Wishdom,Truth

truth
wisdom
knowledge
process of translating

types; 95% (tacit) and 5%(explicit)

information
meaningful data put together
data
discrete and meaningless facts, particulars about something

Need for knowledge management

availability of knowledge
depend on knowledge owners, knowledge acquisition, depends on the time availability
Hinders business operation
too much private information, loosing competitive advantage

KM Defination

Learning process of sharing human knowledge to enhance intellectual capital and performance