Lecture 6: knowledge management Flashcards
Why knowledge management? (KM)
- Information economy
- Knowledge management is a serious issue
What do we mean with ‘information economy’?
- Knowledge (as a human asset) is now the most important production factor
- Most values companies are knowledge organizations (e.g., Apple, banks, insurance companies)
Why is knowledge management a serious issue?
- Organizations face more andmore knowledge related issues
- Increasing need to work together globally
- More and more information needsto be processed
- Working together beyondorganizational boundaries…
- In multiple teams…
- Less face-to-face
What are the 2 types of knowledge?
- Explicit knowledge
- Implicit knowledge
What is explicit knowledge?
- Knowledge that can be codified, stored, and easily transmitted
- Simple knowledge (i.e., information) which can be stored in databases and manuals
What is implicit knowledge? (tacit knowledge)
- Knowledge based on experience, collaboration, commitment & competence
- Made up of mental models, values, beliefs, perceptions, …
- Difficult to store & transfer
- Requires no information storing (e.g., databases) but communication and collaboration
What are the challenges of KM in modern organizations?
- Sharing explicit knowledge
- Task-related information
- planning - Making implicit knowledge explicit
- Who knows what
- Expertise - Managing implicit knowledge
- Shared mental model
- Values & beliefs - Managing the social process
- Attitudes towards sharing
- Common bond / common identity
What are the challenges of KM in modern organizations because of ‘networked individualism’?
- Lack of stadarization (weak ties)
- Decentralized information sources (Less place-time bound)
- Knowledge heavily dependent on individual (More and more person-to-person)
- Specialized (difficult capturing)
- Rapid switching
What challenges knowledge sharing even more due to modern work life?
- Virtual teams
- Communities of Practice (CoPs)
- Networks of practice (NoPs)
What is the definition of Communities of Practice (CoPs)?
(colocated) groups of people, working together on a shared practice
What are the characteristics of Communities of Practice (CoPs)?
- Tightly knit group
- Shared practice and goal (work or social)
- Strong interpersonal ties
- Bond over identity
- (Typically work FtF)
What are the characteristics of virtual teams?
- Not constrained to physical location
- Not constrained to specific time (asynchronous)
- Team members work on task separately
- Varying composition (different project teams, organizations)
- Always: Mediated by technology!
What is the definition of Networks of practice (NoPs)?
geographically dispersed groups of people, sharing knowledge about common (local) practices
What are the characteristics of Networks of practice (NoPs)?
- Loosely knit
- Shared practice, but goals may differ
- Weak interpersonal ties
- Identity over bond
- Typically work mediated
What is the influence of social media affordances on knowledge management on creative performance?
- all affordances had a positive influence on knowledge acquisition & knowledge provision
- knowledge acquisition & knowledge provision had an positive influence on creative performance