Essay about Knowledge Management. Words4 Pages. Knowledge is the product of the professional services organisations. It is the essential element that allows the organisation to operate in its industry sector. The knowledge of the organisation is within the human capital of the organisation, which are the workers Knowledge management was defined by Nonaka and Takeuchi () as the process of applying a systematic approach to the capture, structure, management, and dissemination of knowledge throughout an organization in order to work faster, reuse best practices, Knowledge and knowledge management. Knowledge is the understanding or skills of people about something, or justified the true beliefs about relationships among concepts relevant to particular area (Nonaka and Takeuchi). A person can get the knowledge throughout studying, the experiences as well as practices
Knowledge Management Essay | Bartleby
Download skills matrix template and map your employees' skills. It will help you identify available skills and what is knowledge management essay potential skill gaps in your organization. Knowledge management is the conscious process of defining, structuring, retaining and sharing the knowledge and experience of employees within an organization. The main goal of knowledge management is to improve an organization's efficiency and save knowledge within the company.
Often it is referring to training and learning in an organization or of its customers. The goal is to enable organizational learning and create a learning culture, where the sharing of knowledge is encouraged and those who seek to learn to better themselves find it easy to do so.
When thinking about knowledge management, it is helpful to consider the types of knowledge and how possible it is to share that knowledge within an organization. Tacit knowledge and explicit knowledge are the two main types of knowledge covered within the definition of knowledge management.
Knowledge management will ensure that the specialized knowledge of employees does not leave with them, or go unutilized by other employees who would benefit from that knowledge. It allows for better situational awareness, as well as opening doors for learning about best practices, lessons learned, and overall organizational improvement.
In making sure that all employees have access to the overall expertise held within the organization, a smarter workforce is built who are more able to make quick, informed decisions that benefit the company.
Innovation is easier to foster within the organization, customers benefit from increased access to best practices and employee turnover is reduced. The importance of knowledge management is growing every year. As the marketplace becomes ever more competitive, one of the best ways to stay ahead of the curve is to build your organization in an intelligent, flexible manner. You want to be able to spot issues from a distance and respond quickly to new information and innovations.
Knowledge management is an important tool in any company that wants to increase their bottom line and market share. In organizing the knowledge management for an organization, there is a four-step knowledge management process that can be followed. In this step of the process, the sources of knowledge are identified, as well as where critical knowledge is kept, what can be learned from this knowledge and if there are areas in which knowledge can be lost during the process.
The discovery process is helped by a solid understanding of the knowledge flow of the organization. Every organization contains a vast amount of knowledge, and it must be stored and organized in a deliberate manner.
By creating a system that is mapped and categorized, knowledge is more easily accessed and the organizational structure is increased. The organization must organize and assess the knowledge to see how best it can be folded into the structure of the organization.
This step is when an organization should be establishing and promoting a cultural shift toward knowledge sharing and developing employees to be innovators. What is knowledge management essay a system that works is the first step, but individuals need to understand how to use that system. Implementing training programs can help increase the understanding of knowledge management systems.
Once the system is being used, the company benefits from increased efficiency, better decision making, what is knowledge management essay, and more innovative employees. This what is knowledge management essay be through in-person tutoring, company-wide training sessions, online chats and group discussions - or a mix of those options and others.
For expertise location to be an effective aspect of a knowledge management system, there must be a searchable matrix built that allows for documentation of competencies. With text-based knowledge management, a system to store, categorize and navigate subjects is necessary.
Threads, subforums and groups can be divided by topic, level of expertise or any number of other classifications. Creating an environment where learning is considered an asset will drive employees to continuously educate themselves. Incentivizing them to take advantage of your knowledge management systems will result in upskilled employees who are ready to take on leadership roles in your organization.
For this to happen, there must be structured what is knowledge management essay accessible learning and development technology in place that employees can use. Looking at the actions taken, the results of those actions and the lessons learned can be extremely valuable and allows for lessons learned to be fully documented and archived. These online seminars can be very helpful in widely disseminating ideas throughout teams, branches or the entire company. Knowledge management must be prioritized within the company, and an ethos of sharing knowledge must be built into the DNA of the company and incentivized.
There needs to be a clear system for all steps of knowledge management, while also leaving room for innovation. Technology supports knowledge management, allowing knowledge to be searched for, found, what is knowledge management essay, and accessed within knowledge management systems.
Technology also allows people to communicate better. Without this step, instituting knowledge management systems will be a battle. Organizations that take full advantage of knowledge management are better able to react quickly to changing market conditions, what is knowledge management essay, offer better services to their customers and increase their innovation what is knowledge management essay efficiency.
Shared project files - This system allows for greater collaboration and teamwork, especially across distances. Hello, we need your permission to use cookies on our website.
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Download Guide. Skills Matrix Template Download skills matrix template and map your employees' skills. Download Template. Updated August 11, Discover: What is knowledge management?
Importance of knowledge management Benefits of knowledge management Knowledge management process Knowledge what is knowledge management essay methods Knowledge management best practices What are knowledge management systems? What is Knowledge Management? Tacit knowledge is knowledge gained through experience. It is more intuitive, less easy to package and share with others. Examples of tacit knowledge are know-hows", innovative thinking, and understanding body language, what is knowledge management essay.
Explicit knowledge is knowledge and information that can be easily codified and taught, such as how to change the toner in a printer and mathematical equations. Why is knowledge management important? Companies begin the knowledge management process for many different reasons. A merger or acquisition could spur the need for codifying knowledge and encouraging teams to share their expertise.
The imminent retirement of key employees could demonstrate the need to capture their knowledge, what is knowledge management essay. An upcoming recruitment drive shows the wisdom in using knowledge management to assist in the training of new employees. Benefits of knowledge management More efficient workplace Faster, better decision making Increased collaboration Building organizational knowledge Employee onboarding and training process is optimized Increased employee happiness and retention, what is knowledge management essay, due to the valuing of knowledge, training, and innovation Knowledge management is an important tool in any company that wants to increase their bottom line and market share.
Knowledge management process In organizing the knowledge management for an organization, there is a four-step knowledge management process that can be followed. Discovery How will knowledge inside the organization be discovered?
In every organization, there are multiple sources of knowledge. Capture How will new and existing knowledge be stored? This can include scanning documents, using metadata and indexing. Process How best can this knowledge be synthesized and incorporated? This step involves a deep analysis of the knowledge gathered in the previous two steps. Share and benefit How best can individuals within the organization access this knowledge?
The point of knowledge management is to enable easy access to knowledge within the organization. Knowledge management methods Depending on what the company needs, their knowledge management will look different. Below we have listed the most common types of knowledge management examples: 1. Documentations, guides, guidelines, FAQ and tutorials These written communications are great for storing and transferring knowledge. In many cases, metadata is a great help for this.
Forums, intranets and collaboration environments These online resources spark conversation and bring many knowledge holders into the same place. Pros: Collaboration drives innovation Many experts can be brought together into one place, what is knowledge management essay, no matter their location globally Facilitating contact with remote teams helps teamwork and knowledge transfer Cons: Can be a chaotic, noisy environment Knowledge is not actively being vetted as it is added to discussions Searching through many messages and threads for relevant answers is time-consuming Messages and threads might not be archived 4.
Learning and development environments Creating an environment where learning is considered an asset will drive employees to continuously educate themselves. Pros: Motivated employees can develop themselves at will Training pathways can be set out The structure allows for easier discovery of subjects Cons: Requires a lot of effort to build and maintain Content must be created and continually updated 5.
Case studies These in-depth studies into particular subjects serve as complete guides to a subject. Pros: Allow for full documentation and archiving of lessons learned Easily shareable Efficient for communicating complex information Cons: Take a lot of time and skill to create Can be too specialized to apply the knowledge broadly 6, what is knowledge management essay.
Webinars These online seminars can be very helpful in widely disseminating ideas throughout teams, what is knowledge management essay, branches or the entire company.
Pros: Can be recorded and reused Easy for all interested employees to attend Cons: Take time and effort to plan, write and deliver Requires organization Knowledge management best practices 1. Sharing knowledge must be built into the company's DNA Knowledge management must be prioritized within the company, and an ethos of sharing knowledge must be built into the DNA of the what is knowledge management essay and incentivized.
Establish a clear process There needs to be a clear system for all steps of knowledge management, while also leaving room for innovation. Use technology to boost it Technology supports knowledge management, allowing knowledge to be searched for, found, and accessed within knowledge management systems.
What are knowledge management systems? Knowledge management systems are IT solutions that allow for the storage and retrieval of the information stored within the company, allowing for better collaboration and more efficient problem-solving.
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Knowledge management was defined by Nonaka and Takeuchi () as the process of applying a systematic approach to the capture, structure, management, and dissemination of knowledge throughout an organization in order to work faster, reuse best practices, Oct 03, · Home» Management essays» Knowledge and understanding are the key factors affecting leading and managing people. These Management essays have been submitted to us by students in order to help you with your studies. * This essay may have been previously published on blogger.com at an earlier date 1 day ago · Air pollution essay in urdu for class 7 knowledge of management Application essay Application of essay knowledge management. Research paper topics for pharmacy students. Essay on software project management elements of travel essay. Quantitative research paper parts how to mention a book in an essay apa. Case study in indian company
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