What,Knowledge,Management,But, computer What is Knowledge Management?


----------------------------------------------------------Permission is granted for the below article to forward,reprint, distribute, use for ezine, newsletter, website,offer as free bonus or part of a product for sale as longas no changes a Gone are those times when the companies and the organisations didn't need a hi-tech system to handle them. Owing to the considerable increase in the business sector and thus, an enormous increase in the complexity of the organisational struc


But first we can define knowledge management as an activitywhich has two basic objectives in a business. The first objective is to collectthe knowledge that is important for the business and has direct concerns withthe business strategy, policy and practice of an organization at all levels.The second objective of the knowledge management s to map the intellectualassets of the organization, making these vast amounts of corporate informationaccessible and sharing the best practices through  the technology thatenables above function including intranet and groupware.Role of knowledge management in the businessKnowledge management has an important role in maintaining a successful businessprocess. If you study you will observe that there is a sound connection betweenmanagement strategies, practices and business issues with the knowledgemanagement. Knowledge management also affects the different areas of a businessincluding; Change management, Best practices, Risk management, BenchmarkingMost of the experts in business class and corporate level view knowledgemanagement as business process reengineering. In the most of the researches inthe recent past about business strategies has acknowledged that thatinformation and knowledge are business assets, and that businesses needpolicies and tools to manage those assets.Need for the Knowledge ManagementThere is a lot of debate on the issue that why an organization needs knowledge management.There are plenty of opinions about the methods, paths and objectives ofknowledge management systems. Most of the time, need for knowledge managementis focused on enhancing creativity and creating new knowledge value — whileother programs emphasize leveraging existing knowledge.  Thereis an increasing understanding that intellectual capital is important for thegrowth of the organizations and discussion about intellectual capital hasproliferated all over the world but few businesses has acted on thisunderstanding. Where companies have take action — and a growing number aredoing so — implementations of "knowledge management" may range fromtechnology-driven methods of accessing, controlling, and delivering informationto massive efforts to change corporate culture.What is the real knowledge?Most of the time the terms information and knowledge are often used interchangeablyby business writers. Let's choose a simple definition and get on with it: Knowledgehas two basic definitions of interest. The first pertains to a defined body ofinformation. Depending on the definition, the body of information might consistof facts, opinions, ideas, theories, principles, and models (or otherframeworks). Clearly, other categories are possible, too. Subject matter (e.g.,chemistry, mathematics, etc.) is just one possibility. Knowledge also refers toa person's state of being with respect to some body of information. These statesinclude ignorance, awareness, familiarity, understanding, facility, and so on. Intraditional perceptions of the role of knowledge in business organizations,tacit knowledge is often viewed as the real key to getting things done andcreating new value. Not explicit knowledge. Thus we often encounter an emphasison the "learning organization" and other approaches that stress internalizationof information (through experience and action) and generation of new knowledgethrough managed interaction.

What,Knowledge,Management,But,

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