Friday 30 January 2009

knowledge management


Knowledge Management

There is no particular definition about the knowledge management, but when I discussed about the knowledge management in group discussion with my friends and colleagues, I came to my personal conclusion about the knowledge management is creating, analyzing, sharing, supporting decisions and to improve the management process and it applies through and integrate it into an organization.

L.C Kenneth and L.C Jane (2007) discuss "Knowledge management is an intangible asset. It improves and gives better managerial process and management and support the process of applying knowledge and expertise".

According to (Ron Yon) Knowledge Management is "the discipline of enabling individual, teams and entire organization to collectively and systematically create, share and applies knowledge to better achieve their objectives".

M.Fafari, P.Akvan, M.N Fesharak, M Fathian (2007) State "KM is a systematic, goal-oriented of measures to control the intangible and tangible Knowledge assets of organizations, with aim to enable creation of new knowledge by using existing knowledge in internal and external sides of these organisations and generate value,creativity,to achieve objectives of out of it". Before going to discuss about knowledge management,we have to know about knowledge and management separately.

Knowledge:

According to Collin's dictionary which was published in1984 defines as"knowledge is a collection of fact, feelings, or experiences know by a person or a group of people".


knowledge=Information+[skills+experience+personal capability]

- By Syed Z.shariq.

Management:
Through wikipedia,"The activity of management is to gather people to accomplish desire goals in business as well as human organisation activities".

from the above mentioned definitions of knowledge and management, I came to know the concept of knowledge management, i.e.

knowledge management:

KM is the process through which the organisation, firms render to their services with applying intellectual thoughts and expertise to better achieve objectives.


I always share my opinions, interests and ideas with my friends or my roommates about my past experience and future plannings. Some of my friends belongs to different nations and different professions such as Law, Medicine, MBA, etc, and coming to me I am an software professionist. I used to share my knowledge with other friends those who doesn't have sound knowledge particularly in computers. This is one of the way that I improve my knowledge.

Importance of KM:

Today the world becomes global village as the result the competition in the various fields like organisations, firms and industries. Also the demands from the customers also increased greatly.To face all these challenges to encourage knowledge is only factor to face and maintain competitiveness. By this knowledge management intellectual capabilities produce clever products and services on knowledge based assets, as the result technology developed and then there rapid changes in global market. Knowledge Management in the organisation plays an important role to enable the organisation creativity, design and develop better product in better price.


Knowledge Management Life-Cycle:


Knowledge Management is further classified into Organization and Technology component.

Organization: It consists of social-cultural environment, policies, standard and organization.


Technology: It consists of tools and techniques to implement effective knowledge management.
The tools are further classified into; knowledge creation, knowledge storage, knowledge sharing and knowledge utilization.

K-Creation: we can creat knowledge in two ways explicit and tacit knowledge. Explict knowledge is nothing but keeping the information in a paper or in electronic device, where as tacit knowledge is nothnig but it is raised in people 's minds this knowledge is need to be converted into explicit knowledge to access others.

K-Storage: Knowledge is stored and organised in respository.

K-sharing:Knowledge is shared and accesed by people.

K-Utilization: Knowledge is make practical and use.


Strategy:

John J.Clark, Thomas J.Hindelang, Robert E.Printchard are states " Strategy planning pertain to the establishment of goals and the progress of the firm in moving toward the defined targets".

By business dictionary "Alternative chosen to happen a desired future, such as achievement of a goal or solution to a problem".

In my view strategy is an Art to achieve long term goals through perfect planning, and command over the resources for their best progress towards targets.

My personal strategy is to become a business analyst for this I am using my skills, knowledge and experience as the resources to achieve my targets(or progress towards achieving my target).


References:

-L.C Kenneth and L.P.Jane,2007, Management Information System, Tenth edition, New jersey,Prentice hall,page 65-66.

-
M.Fafari, P.Akvan, M.N Fesharak,M Fathian ,2007,Aircraft engineering and Aerospace technology, 79(1), page 69.
http://www.emeraldinsight.com/Insight/viewPDF.jsp?contentType=ArticleFilename=html/Output/Published/EmeraldFullTextArticle/Pdf/1270790108.pdf

-Ron Yon,CEO/CKO Knowledge Associate International.
http://www.knowledge-management-online.com/Definition-of-Knowledge-Management.html

-Syed Z.Shariq,1997,leveraging human capital,knowledge management, 1(1),page 64-65.
http://www.emeraldinsight.com/Insight/viewPDF.jsp?contentType=Article&Filename=html/Output/Published/EmeraldAbstractOnlyArticle/Pdf/2300010107.pdf

-John J.Clark, Thomas J.Hindelang, Robert E.Printchard,Capital Budgeting,Second Edition,New Jersey,1984,page 466. (Accessed on 10 Feb 2009).











2 comments:

  1. well definitions but you have to apply those definitions inti your organizations and see whether these definitions are applicable or not

    ReplyDelete
  2. Hi shyam you told me to have a look at ur blog and that is improved in a very good way than the past.But its too hard to follow so many scholars at a time (just kidding).So the next step is to improve your standards of blogging .refer Harvord referencing techniques for presenting.

    Start giving some critical examples as we are knowledge managers.

    ReplyDelete