Knowledge Management

Knowledge Management

Introduction

Knowledge Management is essentially a human-centered activity. IT without an intended purpose is pointless; therefore attention is needed to human-centered design of useful systems, incorporating IT. Any technical system developed to support human activities can be regarded as pointless if it is not experienced by the engaged actors as useful to their activities. The purpose of IT implementation is therefore to bring about a change in organizational behavior. However, change of behavior is not determined by technologies; it requires purposeful engagement by the actors concerned. Through a process of noncompetitive benchmarking, knowledge is shared among the teams and used by staff at organizations to bring about beneficial change in their practice. This paper aims to provide useful information regarding the knowledge management.

Discussion

According to Levinson (2007), there is no definition of knowledge that can be used universally. Knowledge is known as a new wealth for the organisations through which they can perform superior business and can achieve a competitive advantage. Knowledge management system is a widely discussed topic in the literature of management and information technology. Knowledge management is becoming one of the crucial ways through which businesses are able to achieve more value from the knowledge that they already possess. For example, organisations can find a better way to assimilate, apply and value knowledge in order to create new and better knowledge.

The usefulness of information and knowledge management cannot be isolated by any type of organization that exists around the globe for the purpose of making profit and expanding. Every organization has its own unique way of managing knowledge and information that can provide potential benefits to the organization along with saving it from the negative consequences of not managing the knowledge within organization effectively. Therefore, it is not easy for the organisations to maintain and ...