Knowledge Management Systems
Knowledge Management Systems
Systems
Knowledge Management Systems
• Knowledge management systems have become one of the
fastest-growing areas of corporate and government software
investment.
• Enterprise knowledge management software includes sales of
content management and portal licenses, which have been
growing at a rate of 35 percent annually, making it among the
fastest-growing software applications.
Knowledge Management Systems
• To transform information into knowledge, a firm must expend
additional resources to discover patterns, rules, and contexts
where the knowledge works. Wisdom is thought to be the
collective and individual experience of applying knowledge to
the solution of problems.
• Tacit knowledge is knowledge residing in the minds of
employees that has not been documented.
• Explicit knowledge is knowledge that has been documented.
Dimensions of knowledge
• Knowledge is a firm asset: Knowledge is an intangible asset
requiring organizational resources and whose value increases
as it is shared.
• Knowledge has different forms: Knowledge includes craft,
skills, procedures, and understanding of causality
• Knowledge has a location: Knowledge resides with
individuals, social groups, is difficult to transfer or extract
• Knowledge is situational: Knowledge may be applicable only
in certain contexts or situations
Organizational learning & Knowledge
management
• Organizational learning is the process of gaining experience
through data collection, measurement, experiment, and
feedback and using these experiences to create new business
processes and management decision making.
• Knowledge management is a set of processes to create, store,
transfer, and apply knowledge in the organization. Knowledge
management increases the ability of the organization to learn
from its environment and to incorporate knowledge into its
business processes
Steps in Knowledge Management Value
Chain
• Knowledge acquisition: Knowledge may be acquired by building
repositories of documents, enabling systems for expert advice,
analyzing data for patterns, or by using knowledge workstations. An
effective knowledge system requires systematic data from a firm's
transaction processing systems and data from external sources.
• Knowledge storage: Storing knowledge in databases and document
management systems
• Knowledge dissemination: Knowledge may be transferred to managers
and employees via portals, e-mails, search engines, collaborative office
systems, training programs, and other means.
• Knowledge application: New knowledge must be built into an
organizations processes and application systems and become a part of
decision-making systems.
Types of knowledge management systems