Archive for the ‘Knowledge Management’ Category
Knowledge management
Knowledge management
Knowledge management (KM) refers to a range of practices and techniques used by organizations to identify, represent and distribute knowledge, know-how, expertise, intellectual capital and other forms of knowledge for leverage, reuse and transfer of knowledge and learning across the organization. It suffices crucial issues on organizational adaptation, survival, and competence threatened by unpredictable environmental change.
Generally, it represents the organizational processes that aim synchronous coalition of data and information processing capacity of information technologies, and the ingenious capacity of human beings.
In simpler terms, knowledge management strives to make the most out of the knowledge that is available to an organization, generating understanding, incrementing awareness and knowledge in the process.
Knowledge management is an evolving discipline. While knowledge transfer (an aspect of KM) has always existed in one form or another, formally through apprenticeship, the maintenance of corporate libraries, professional training and mentoring programs, and — since the late twentieth century — technologically through knowledge bases, expert systems, and other knowledge repositories,
KM programs claim to consciously evaluate and manage the process of accumulation, creation and application of knowledge which is also referred to by some as intellectual capital. KM has therefore attempted to bring under one rubric various strands of thought and practice relating to intellectual capital in the economy; the idea of the learning organization; various enabling organizational practices; and various enabling technologies.
