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Lecture 2

This document provides an introduction to knowledge management concepts. It defines knowledge management and discusses its key goals, which include identifying intellectual assets, ensuring legacy materials are stored for future reuse, and leveraging knowledge to the organization's advantage. The document also outlines the main types of knowledge, attributes of knowledge management, and discusses how knowledge management is important for individuals, communities, and organizations.

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pakhivashis182001
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31 views

Lecture 2

This document provides an introduction to knowledge management concepts. It defines knowledge management and discusses its key goals, which include identifying intellectual assets, ensuring legacy materials are stored for future reuse, and leveraging knowledge to the organization's advantage. The document also outlines the main types of knowledge, attributes of knowledge management, and discusses how knowledge management is important for individuals, communities, and organizations.

Uploaded by

pakhivashis182001
Copyright
© © All Rights Reserved
Available Formats
Download as PPT, PDF, TXT or read online on Scribd
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INTRODUCTION TO

KNOWLEDGE MANAGEMENT
IN THEORY AND PRACTICE
KIMIZ DALKIR
LEARNING OBJECTIVES

1. Use a framework and a clear language for knowledge


management concepts.
2. Define key knowledge management concepts such as
intellectual capital, organizational learning and memory,
knowledge taxonomy, and communities of practice using
concept analysis.
3. Provide an overview of the history of knowledge
management and identify key milestones.
4. Describe the key roles and responsibilities required for
knowledge management applications.
Definition

Knowledge management (KM) was initially defined as the


“process of applying a systematic approach to the capture,
structure, management, and dissemination of knowledge
throughout an organization in order to work faster, reuse
best practices, and reduce costly rework from project to
project.”
Definition

Knowledge management is the deliberate and systematic


coordination of an organization’s people, technology,
processes, and organizational structure in order to add
value through reuse and innovation. This coordination is
achieved through creating, sharing, and applying
knowledge as well as through feeding the valuable lessons
learned and best practices into corporate memory in order
to foster continued organizational learning
Method to retain Knowledge

The best way to retain valuable knowledge ;


1.is to identify intellectual assets and
2.then to ensure that legacy materials are produced
3.and subsequently stored in such a way as to make their
future retrieval and reuse as easy as possible (Stewart,
2000).

“The basic aim of knowledge management is to leverage


knowledge to the organization’s advantage.”
Multidisciplinary Nature of KM
The Two Major Types of Knowledge

1. Tacit knowledge
2. Explicit knowledge
The Concept Analysis Technique

Concept analysis is an established technique used in the


social sciences, such as philosophy and education,
in order to derive a “formula” that in turn can be used to
generate definitions and descriptive phrases for highly
complex terms.
The Concept Analysis Technique-
Example
Attributes of knowledge management

According to Ruggles and Holtshouse (1999);


1.Generating new knowledge.
2. Accessing valuable knowledge from outside sources.
3. Using accessible knowledge in decision making.
4. Embedding knowledge in processes, products, and/or
services.
5. Representing knowledge in documents, databases, and
software.
6. Facilitating knowledge growth through culture and incentives.
7. Transferring existing knowledge into other parts of the
organization.
8. Measuring the value of knowledge assets and/or impact of
knowledge Management.
HISTORY OF KNOWLEDGE MANAGEMENT
HISTORY OF KNOWLEDGE MANAGEMENT
From Physical Assets to Knowledge Assets

Knowledge has become increasingly more valuable


than the more traditional physical or tangible assets.

For Example

a.Yield management system of airline organizations.

b.Just-in-time (JIT) inventory systems Manufacturing sector


From Physical Assets to Knowledge Assets
From Physical Assets to Knowledge Assets

Some examples of intellectual capital include;

a.Competence—the skills necessary to achieve a certain (high)


level of performance.

b.Capability—strategic skills necessary to integrate and apply


competencies.

c.Technologies—tools and methods required to produce certain


physical results.
Organizational Perspectives on Knowledge
Management

According to Wiig (1993);

1.Business Perspective: focusing on why, where, and to what


extent the organization must invest in or exploit knowledge.

2.Management Perspective: focusing on determining,


organizing, directing, facilitating, and monitoring knowledge-
related practices and activities required to achieve the desired
business strategies and objectives.

3.Hands-on Perspective: focusing on applying the expertise to


conduct explicit knowledge-related work and tasks.
WHY IS KM IMPORTANT TODAY?

According to Wiig (1993);

1.Globalization of business.

2. Leaner organizations.

3.“Corporate amnesia.”

4.Technological advances.
KM for Individuals, Communities, and
Organizations
For the individual, KM:
Helps people do their jobs and save time through better decision making and problem
solving.
Builds a sense of community bonds within the organization.
Helps people to keep up to date.
Provides challenges and opportunities to contribute.
For the community of practice, KM:
Develops professional skills.
Promotes peer-to-peer mentoring.
Facilitates more effective networking and collaboration.
Develops a professional code of ethics that members can follow.
Develops a common language.
For the organization, KM:
Helps drive strategy.
Solves problems quickly.
Diffuses best practices.
Improves knowledge embedded in products and services.

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