HUMAN RESOURCE MANAGEMENT

Human Resource Management

Human Resource Management

Introduction

Nowadays, successful organizations adopted the socio-technical systems information and knowledge management has become increasingly importance to businesses. Knowledge Management process continues to enable managers and employees with valuable understanding of their business environment and knowledge to make strategic business decisions.

Data, information and knowledge are important terms with distinct meanings that are central to the concept of Knowledge Management. Together they represent the transformation of unorganized facts to relevant associations and meaning to understanding.

Terminology and Definitions:

Data - A group of unorganized facts taken out of context. No association or relation among data (Day, 2007).

Information - Organized and refined collection of data as a result of associations and meanings among the different pieces of data in the collection. Data put into context. (Archibald & McDermott, 2008)

Knowledge - The ability to understand information and realize its patterns and implications. “It is what we know and our procedure of understanding in association to specific information” (Schramm, 2005)

Knowledge Management - An increasingly debated term, Knowledge Management is generally the continual process of creating, disseminating, storing and utilizing knowledge. The product of this continual process is an organization's knowledge. This knowledge is utilized for reuse, awareness and learning throughout an organization

Organizational Knowledge - The knowledge an organization has accumulated and stored for utilization through the Knowledge Management process.

Organizational Learning - The ability of an organization to adapt accordingly to changes identified in an environment from experience and knowledge. What is learned by an organization is committed to organizational memory or knowledge, which is continually updated (Piktialis & Greenes, 2008).

Implementing Knowledge

Effective performance and growth in knowledge-intensive organizations requires integrating and sharing highly distributed knowledge. Although tacit knowledge develops through observing action, it is more easily exchanged, distributed, or combined among communities of practice by being made explicit. However, explicating tacit knowledge ...