Knowledge management

Introduction Knowledge management (KM) inside a company has been used broadly in the field of information system (Saade, Nebebe, & Mak, 2011). Organizations which cannot viably deal with knowledge and information flow, have the worst performance (Saade, Nebebe, & Mak, 2011). Employers have understood that sharing of knowledge and information through the association is a significant job to guarantee that a firm remains creative and focused (Saade, Nebebe, & Mak, 2011). There is a study on Knowledge Management illustrates that there are few organizations doing admirably in controlling KM, however, there are likewise some which are not ready yet to set up a sufficient flow of information and knowledge, which creates a satisfactory nature…

Knowledge management (KM) is now considered as one of the most important parts of any organization and a complement to the hospitality activities. With new economy increasingly becoming a more knowledge-based economy, knowledge is becoming the most important asset for organizational success among other assets such as capital, materials, machineries, and properties as stated by Wong (2005). KM is the practice of selectively applying knowledge from previous experiences of decision-making to…

the application of knowledge management principles and strategies as they are considered as largest sources to exchange and share knowledge on a day to day basis in the most trustworthy atmosphere. In my opinion following can be the possibilities by which universities can exploit KM principles: • Using them as study program that can be taught to the students and make a change in the quality of the educational process. • For decision support at the Management level • Information and Knowledge…

2.2.4 Knowledge Management Processes Sveiby (1997) indicated that KM processes assist an organization in acquiring, storing, and utilizing knowledge to support problem solving, dynamic learning, strategic planning, and decision-making .Studies suggest that it is vital for an organization to have the ability to generate knowledge. KM processes can be divided into several components that are acquisition, conversion, application, and protection (Gold et al., 2001). 2.2.4.1Acquisition…

Figure 3 (Choy & Suk, 2005) Why knowledge management systems fail? In light of the works of various specialists and creators, there are two classifications of components, to be specific "causal" and "resultant" (Frost, 2014). Causal elements mention basic issues inside the association, which prompts to conditions that are not appropriate for KMS. They are not generally effectively noticeable and they prompt to various side effects, known as "resultant" variables. For each of these focuses, there…

Massingham (2014:1077), knowledge is an intangible resource, and it combines with other firm resources (e.g.financial and physical) to create capabilities. Knowledge resources are oftenclassified as either tacit (implicit) or codified (explicit). Tacit knowledge is the knowledge inan individual’s head. Codified knowledge is knowledge that is transferablein formal, systematic language, e.g. via reports and databases. Tacit and codified knowledge are two sides to the same coin, in the sense that…

Every organization in the Army used Knowledge Management to communicate each other and contributes knowledge sharing in an organizational environment. Knowledge Management is a process of enabling knowledge flow to enhance shared understanding, learning, and decision making (ADRP 6-0). My unit used internal and external military communication platforms in order to push information out and pull information from to the lowest level. Internal communication that we used in my unit was Share drive,…

on employee training and the sharing of knowledge. Within the asset protection department the formal training for the associates is overall weak. The current training program is more of an introduction to specific job duties, tasks, and policies and procedures rather than complete knowledge of how to perform each task within the operation. Associates are limited to only working in one or possibly two of the seven areas within the facility because there is no cross-training. Because there is no…

Knowledge management Knowledge management is to construct in the organization of both a humanistic and technical knowledge system that allows the organization of information and knowledge. Through the acquisition, creation, sharing, integration, recording, accessing, updating and other processes, it achieves the ultimate goal of the knowledge innovation (Soo et al, 2002). In the information age, knowledge has become the most important source of wealth and knowledge workers is the most vital…

This entry culminates a set of posts regarding the vast knowledge we have acquired in global organizations and management. Since the beginning of this course we have been able to learn about several organizations and their different ups and downs in order to achieve a global expansion. It is truly a journey for each organization to understand what can truly help themselves to achieve such objective. Across many cases we have learned about many events that have taken place in each organization…