If you order yourcheap essays from our custom writing service you will receive a perfectly written assignment on Benefit of Knowledge Management. What we need from you is to provide us with your detailed paper instructions for our experienced writers to follow all of your specific writing requirements. Specify your order details, state the exact number of pages required and our custom writing professionals will deliver the best quality Benefit of Knowledge Management paper right on time.
Our staff of freelance writers includes over 120 experts proficient in Benefit of Knowledge Management, therefore you can rest assured that your assignment will be handled by only top rated specialists. Order your Benefit of Knowledge Management paper at affordable prices !
In todays knowledge-driven economy, organizations ultimately derive their value from intellectual and knowledge-based assets rather than physical assets. The value of Knowledge Management relates directly to the effectiveness with which the managed knowledge enables the members of the organization to deal with todays situations and effectively envision and create their future. To get the optimal value from an organizations intellectual assets, knowledge management maintains that knowledge must be shared and serve as the foundation for collaboration. Without on-demand access to managed knowledge, every situation is addressed based on what the individual or group brings to the situation with them. With on-demand access to managed knowledge, every situation is addressed with the sum total of everything anyone in the organization has ever learned about a situation of a similar nature. Value created from intellectual and knowledge-based assets involves disseminating knowledge to employees, partners, suppliers, and even across barriers to other organizations in an effort to generate best practices and synergistic value. The ultimate goal of knowledge management is quality, not quantity.
Not all information is valuable. Therefore, its up to individual companies to determine what information qualifies as intellectual and knowledge-based assets. In general, however, intellectual and knowledge-based assets fall into one of two categories explicit or tacit. Included among the former are assets such as patents, trademarks, business plans, marketing research and customer lists. As a general rule of thumb, explicit knowledge consists of anything that can be documented, archived and codified, often with the help of information technology. More difficult to grasp is the idea of tacit knowledge, or the actual thinking contained in peoples heads. The challenge inherent with tacit knowledge is figuring out how to recognize, generate, share and manage it. While information technology in the form of e-mail, groupware, instant messaging and related technologies can help facilitate the dissemination of tacit knowledge, identifying tacit knowledge in the first place is a major hurdle for most organizations.
Its important to recognize the value of technology access and utilization for the individuals, organizations and communities who participate in the knowledge creation and management processes, and all of those affected by such processes. Although many knowledge management efforts have incorporated information technology into their processes, the potential benefit offered by the combination of these two fields could still increase. Knowledge management tools range from standard, off-the-shelf e-mail packages to sophisticated collaboration tools designed specifically to support elaborate knowledge management programs. Generally, tools fall into one or more of the following categories knowledge repositories, expertise access tools, e-learning applications, discussion and chat technologies, synchronous interaction tools, and search and data mining tools.
Notwithstanding the preponderance of knowledge that its employees share, many companies are decentralized organizations, and some business units are slow to adopt methods and practices successfully used by others. As a result, many have turned their attention to internal cultural barriers. They work to show the units reluctant to adopt knowledge management where the commonalty is, and what techniques are useful across dissimilar businesses. Business pressures are another barrier to the implementation of knowledge management, because they reduce the amount of time available to translate good practices to other parts of the company. It may take time to get project managers who have their own way of doing things to adopt standard best practices. But only by consistently identifying and learning about what that is can we continue to improve performance. An organization learns faster and better than competitors through benchmarking, sharing and implementing best practices, learning from experience, and through continuous learning and personal growth.Cheap University Papers on Benefit of Knowledge Management
In an environment where an individuals knowledge is valued and rewarded, establishing a culture that recognizes tacit knowledge and encourages employees to share it is critical. The need to sell the knowledge management concept to employees shouldnt be underestimated; after all, in many cases employees are being asked to surrender their knowledge and experience, which are the very traits that make them valuable as individuals. One way companies motivate employees to participate in knowledge management is by creating an incentive program. However, then theres the danger that employees will participate solely to earn incentives, without regard to the quality or relevance of the information they contribute. The best knowledge management efforts are as transparent to employees workflow as possible. Ideally, participation in knowledge management should be its own reward. If knowledge management doesnt make life easier for employees, it will fail.
Fortunately, cultural and technical guidelines can foster knowledge management even in a widely dispersed company. The usual cultural basis for sharing knowledge, a sense of community, trust and shared purpose, is especially important when employees don't see each other face-to-face. Employee satisfaction is a key to making a highly dispersed organization work, so you don't want to isolate people. You have to find methods for keeping employees connected and for building affinity into the company. The challenge is to get all the units of the company to think of themselves as parts of a single organization with some central governing tenets.
To derive the greatest value from knowledge management, organizations must understand the nature of their knowledge-based assets and how they link to other mission critical assets and goals. Increased realization of knowledge as the core competence coupled with recent advances in information technology such as intranets, World Wide Web, and portals has better enabled organizations the ability to funnel their knowledge to the right people at the right time.
Bray J. Brockbank, "War of Knowledge," Better Management.com, 00
CIO.com, "Knowledge Management Big Challenges, Big Rewards," 15 Sep 1
Please note that this sample paper on Benefit of Knowledge Management is for your review only. In order to eliminate any of the plagiarism issues, it is highly recommended that you do not use it for you own writing purposes. In case you experience difficulties with writing a well structured and accurately composed paper on Benefit of Knowledge Management, we are here to assist you. Your cheap custom research papers on Benefit of Knowledge Management will be written from scratch, so you do not have to worry about its originality.
Order your authentic assignment and you will be amazed at how easy it is to complete a quality custom paper within the shortest time possible!
Comments
Post a Comment