MANAGEMENT

Knowledge Management

Knowledge Management

Introduction

While most of us have an intuitive feel for what the term knowledge means, it is a difficult concept to define. Organizational scholars assert that knowledge is a multifaceted concept with multi-layered meanings for different circumstances and for different people. In the knowledge management literature, a universally accepted definition of knowledge is lacking. Some define knowledge as the set of justified beliefs that enhance an entity's capability to take effective action(Cropley,1998).

Discussion

Given the lack of consensus as to the definition of knowledge, it is hardly surprising that definitions of "Knowledge Management" are equally diverse. Early work by Hannabuss viewed users' knowledge, attitudes, and decision making as key components of the process. First, understand the knowledge, at the individual level, such as cognitive beliefs, confirmed, experienced and knowledgeable about the contextualized the object to be known, which will be conditioned by the environment, and will be enhanced and systematized by the capacities of the knower, those that establish objective basis for action and value creation. This definition allows us to understand the role played by people within the management area is responsible for creating value through knowledge. On the other hand, knowledge of value for organizations is one that gives direct support to actions aimed at meeting its founding objectives and stay active during their working lifeGarvin,2000).

Knowledge Management- A pre-requisite for success

A Knowledge Management is used for the following purposes to achieve organization effectiveness(Success).

Knowledge Protection Capability

Alavi and Leidner (2001) asserted that creating new knowledge is not enough. People and organizations forget, and mechanisms are needed to store acquired knowledge and to retrieve it when needed. The concept of organizational memory aims for the same goal. Organizational memory includes knowledge residing in various components that may include written documentation, structured information stored in electronic databases, codified human knowledge stored ...