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Module 2 data and Knowledge management

The document discusses data and knowledge management, focusing on the challenges of handling big data and the importance of knowledge management systems. It outlines the types of knowledge, methods of data collection, and the value of knowledge in creating wealth within organizations. Additionally, it highlights the significance of organizational learning and the processes involved in knowledge management.

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tejasppawar2109
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0% found this document useful (0 votes)
5 views28 pages

Module 2 data and Knowledge management

The document discusses data and knowledge management, focusing on the challenges of handling big data and the importance of knowledge management systems. It outlines the types of knowledge, methods of data collection, and the value of knowledge in creating wealth within organizations. Additionally, it highlights the significance of organizational learning and the processes involved in knowledge management.

Uploaded by

tejasppawar2109
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Data and Knowledge Management

• Data and Knowledge Management: Database


Approach, Big Data, Data warehouse and Data
Marts, Knowledge Management Business
intelligence (BI): Managers and Decision
Making, BI for Data analysis and Presenting
Results
Big Data
• The vast and constantly increasing amounts
of data that modern organizations need to
capture, store, process, and analyze.
• Human Resources.
• Product Development.
• Operations.
• Marketing
The Difficulties of Managing Data
• the amount of data increases exponentially
with time.
• Much historical data must be kept for a long
time, and
• new data are added rapidly.
• data are also scattered throughout
organizations, and they are collected by many
• individuals using various methods and devices.
• In general, there are six broadly applicable
ways to leverage Big Data to gain value.

• Creating Transparency.
• Enabling Experimentation.
• Segmenting Population to Customize Actions.
• Replacing/Supporting Human Decision
Making with Automated Algorithms.
• Innovating New Business Models, Products,
and Services.
• Organizations Can Analyze Far More Data.
The Database Approach
• Data redundancy
• Data isolation
• Data inconsistency
• Data security
• Data independence
Data Warehouses and Data Marts
• A data warehouse is a repository of historical
data that are organized by subject to support
decision makers in the organization.
• A data mart is a low-cost, scaled-down
version of a data warehouse that is designed
for the end-user needs in a strategic business
unit (SBU) or an individual department
Knowledge Management System
What is knowledge?
• The fact, feeling or experience know by a person
or a group of people
• Knowledge is more richer and meaningful than
information
• Knowledge involves mental processes of
comprehension, understanding and learning
gained through experience or study.
• Knowledge results from making comparison,
identifying consequences and making connection
What is Knowlwdege
• Knowledge includes wisdom and insight
• In organizational term, Knowledge is know
how, applied information , information with
judgment or the capacity for effective action.
• knowledge progresses from relational thinking
to system thinking progresses from identifying
system characteristics to detecting system
trends to explaining system dynamics
Hierarchy of knowing
• Know-how : knowledge of how to do things and
corresponds to common knowledge
• Know-what: Cognitive know mastery in the
knowledge domain
• Know-Why: Deeper understanding of
interrelations in knowledge areas – with system
perspective
• Care-Why : socially contextualized knowledge-
understanding values of stakeholders groups for
collective decision making
Hierarchy of knowing

Care why

Know Why

Know what

Know How
Types of Knowledge
Explicit Knowledge
• Knowledge that can be easily expressed in words or
numbers and can be shared through discussion or by
writing it down and printing it into documents ,
manuals, models or databases.
Tacit Knowledge
• The Knowledge or know-how that people carry in
their heads- skills, experiences, insight, intuition and
judgement it is difficult to articulate or write down-
shared between people through discussion, stories
and personal interaction
Types of conversion
• Tacit to tacit (Socialization)
• Tacit to explicit (Externalization)
• Explicit to tacit (Internalization)
• Explicit to explicit (Combination)
Knowledge Conversion
• Conversion between tacit and Explicit Knowledge
are particularly important
• Only by tapping into tacit Knowledge can improve
explicit Knowledge be created in turn better
explicit Knowledge is essential for stimulating the
development of new higher level tacit Knowledge
• Knowledge management tended to focus on
improving and managing explicit Knowledge
creation and application require far more
attention on the high level tacit Knowledge
Value of Knowledge
• Data, information and even Knowledge often
have little value
• Newspapers, periodicals, and
Knowledge-oriented web sites do not make
money by selling Knowledge content to
consumers
• What makes Knowledge valuable?
• How Knowledge creates wealth in a
Knowledge-based economy
Value of Knowledge
Infusing Knowledge into product and services
Building the Knowledge system that allow for
product and services innovation and
developing business concepts/models
Transforming work systems at all levels by
embedding them within appropriate and
effective Knowledge systems
The method of data and information
collection
• Observation
• Experiments
• Survey
• Subjective estimation
• Transaction processing
• Purchase from outside
• Publications
• Government Agencies
Knowledge Management
• The creation and subsequent management of an
environment which encourage Knowledge to be
created, shared, learnt, enhanced, organized and
utilized for the benefit of the organization and its
customer
• Knowledge Management is developing and
managing integrated, well configured Knowledge
systems and increasingly embedding work system
within these Knowledge system
Key KM Questions
• Why do organization need Knowledge management
program and system?
• Which information system applications are most
useful for distributing, creating and sharing knowledge
in the film?
• What are the business benefits of using artificial
intelligent technology for Knowledge management?
• How can businesses use expert system and case based
reasoning to capture Knowledge?
• How can organization benefits from using use neural
networks and other intelligent techniques?
Organizational learning
• Organizational Learning
• Creation of new standard operating
procedures and business processes
• Knowledge management
• Set of processes
• Creat, gather, stores, maintains, and
disseminates Knowledge
• Single loop learning
• Using Knowledge to solve specific problem based
on existing assumptions and based on what has
worked in the past

• Double loop learning


• Double loop learning goes a step further and
question existing assumptions in order to create
new insights

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