Showing posts with label Definition. Show all posts
Showing posts with label Definition. Show all posts

Friday, April 24, 2009

Definition of Knowledge Management

There are numerous definitions of knowledge management. The following definition is based on a synthesis of case material and interviews with Chief Knowledge Officers:

“the explicit and systematic management of vital knowledge and its associated processes of creating, gathering, organizing, diffusion, use and exploitation, in pursuit of organisational objectives.”

The underlined words are important:
  • Explicit - unless something is made explicit it frequently does not get properly managed. Thus, although some management of knowledge is found in virtually every organisation, including small and medium-sized enterprises, its benefits are only consistently realized if it is explicitly managed.
  • Systematic - this helps create consistency of methods and the diffusion of good practice. Systematization also lends itself to automation, leading to additional efficiencies in handling explicit knowledge.
  • Vital - every conversation and every new document in an organisation adds to the organisation’s knowledge pool. Judgement must be applied as to which knowledge is critical, and therefore worth managing in a more formalized way.
  • Processes - as well as being an important dimension of management and business processes, knowledge processes are important in their own right.

The main processes are knowledge sharing (of existing knowledge), knowledge creation and knowledge conversion (innovation).

Regards

-MZA-

What is Information?

Many people are confuse between data, information and knowledge. I give an example for that, If you look at a traffic light, there is three(3) colour which is Read, Yellow and Green. The three(3) colour is simply a Data, but for those who know the meaning of the colour which is Red=Stop, Yellow=Standby(Danger) and Green=You Can Go Now, then the meaning of the colour is the Information.

In a formula form. Information=Data + Interpretation (Human)


Regards

-MZA-

What is Knowledge?

Think of an Internet Library, Google for example. All the information you might require is packed onto its databases. That information will stay on the database, quite useless unless it is used. Once used by being comprehended by a surfers and, by that surfers, added to all of the other information and experience that the surfers has build-up in life - it becomes knowledge.

Knowledge is not information and it is not data. Knowledge is what is KNOWN.

In a formula form. Knowledge = Information +Used (Human)

Regards

-MZA-