Summary Chapter
11 : Managing knowledge
This
chapter are related on what is the role of knowledge management and knowledge management
programs in business. Actually, Knowledge management is a set of processes to
create, store, transfer, and apply knowledge in the organization. Much of a
firm’s value depends on its ability to create and manage knowledge. Knowledge
management promotes organizational learning by increasing the ability of the
organization to learn from its environment and to incorporate knowledge into its
business processes. There are three major types of knowledge management
systems: enterprise-wide knowledge management systems, knowledge work systems,
and intelligent techniques.
Enterprise-wide knowledge management systems are firm wide
efforts to collect, store, distribute, and apply digital content and knowledge.
Enterprise content management systems provide databases and tools for
organizing and storing structured documents and tools for organizing and storing
semi structured knowledge, such as e-mail or rich media. Knowledge network
systems provide directories and tools for locating firm employees with special
expertise who are important sources of tacit knowledge. Often these systems
include group collaboration tools (including wikis and social bookmarking),
portals to simplify information access, search tools, and tools for classifying
information based on a taxonomy that is appropriate for the organization.
Enterprise-wide knowledge management systems can considerable value if they are well designed
and enable employees to locate, share, and use knowledge more efficiently.
types of systems are used for enterprise-wide
knowledge management and how do they
provide
value for businesses. Enterprise-wide knowledge management systems are firmwide
efforts to collect, store, distribute, and apply digital content and knowledge.
Enterprise content management systems provide databases and tools for
organizing and storing structured documents and tools for organizing and storing
semi structured knowledge, such as e-mail or rich media. Knowledge network
systems provide directories and tools for locating firm employees with special
expertise who are important sources of tacit knowledge. Often these systems
include group collaboration tools (including wikis and social bookmarking),
portals to simplify information access, search tools, and tools for classifying
information based on a taxonomy that is appropriate for the organization.
Enterprise-wide knowledge management systems can provide considerable value if
they are well designed and enable employees to locate, share, and use knowledge
more efficiently
Knowledge work systems (KWS) support the creation of
new knowledge and its integration into the organization. KWS require easy
access to an external knowledge base; powerful computer hardware that can
support software with intensive graphics, analysis, document management, and
communications capabilities; and a user-friendly interface. Computer-aided design
(CAD) systems, augmented reality applications, and virtual reality systems,
which create interactive simulations that behave like the real world, require
graphics and powerful modelling capabilities. KWS for financial professionals provide
access to external databases and the ability to analyse massive amounts of
financial data very quickly.