Knowledge management module 3 Flashcards
Knowledge Cycle
Create Capture Organize Access Use
Meaning of Knowledge Management
KM refers to the strategies and processes of identifying, capturing, and leveraging knowledge to enhance competitiveness.
*Objectives of Knowledge management
CIEM
- Create knowledge repositories
- Improve knowledge access (through technical expert referral, video confrencing)
- Enhance knowledge environment ( change values & customer’s rating of expertise)
- Manage knowledge as an asset
Motivation for knowledge management
Competition Employee turnover Technological change Regulatory change Customer demands Globalization Environmental change Design change Innovation
Sources of knowledge
Employees Partners competitors Product or service Customers Delivery channels Society
Uses of knowledge management
Reducing overheads Making products and services fast Improving customer service Empowering employees Creating High quality product Remote access of knowledge Enhancing employee retention Fostering innovation Streamlining operations to reduce cost Enhancing supply chain management Enhancing internet publishing Managing legal & intellectual property Delivering competitive intelligence managing customer relationship Providing training Sharing best practices Fostering innovation interdepartmental efficiency shorter product development managing organizational innovation Increasing connectivity Leveraging the expertise of people across the organisation
*Nature of knowledge management
AGDVC
- Km is about people.
- Km is orderly & goal oriented ( tied to strategic objectives of org)
- km is dynamic/ever changing
- Km is visionary
- Km is complimentary
Disciplines of knowledge management
Religion and philosophy psychology Business and economics Cognitive science Ergonomics informational science knowledge engineering Artificial intelligence Management science social science
*Knowledge Attributes
Knowledge exists everywhere
Knowledge is perishable (unlearning)
knowledge is an asset (intellectual capital a/c)
Using it doesn’t consume it
transfer of knowledge wont result in losing it
knowledge is abundant but ability to use is scarce
Knowledge can be tacit or explicit
Organisational Knowledge & Types of OK
Information tested against business rules of the organisation and found to be valid by knowledgeable individuals and therefore elevated to a level of validated information or knowledge.
Know what Which information is needed
know how how information must be processed
know why Why information is needed
Know where Where information can be found out
Know when Which information is needed when
Types of Individual knowledge
Know what- basic knowledge that individual acquires through training
Know how- ability to process the knowledge
Know why- Cause and effect relationship
Self motivated creativity
Role of HR in knowledge management
Promote knowledge contribution Knowledge identification Creation of knowledge marketplace Knowledge evlauation Knowledge training Replenishment of knowledge Custodian of knowledge Knowledge protection Knowledge prioritization Knowledge archival Talent management
Organisational culture & impact
Organizational culture describes the collective perceptions, beliefs and values of employees in the workplace. Individuals learn their organizational culture from the day 1 he or she joins the organization
Controlling mechanism for expectations
Guidance and provide direction on the social values which underlie the org
Social glue to achieve harmony and consensus
helps in achieving stability and sustenance for long time
Values necessary in knowledge culture
Regular comm across all the levels and units
Invitation for sharing and learning
Working together should be a core activity
learning should be incorporated and practised
new ideas should be welcome and explored
Innovation should be made with combined efforts
honesty, openness other’s concerns are encouraged
Employees are kept informed
Know sharing is engouraged by supervision and leadership
*Improving knowledge culture
- Stress the need to share
- Promote trust
- Beware of information overload
- Have the correct tools
- Change the sharers