Professional Documents
Culture Documents
INTRODUCTION
The knowledge has been created more and more nowadays. The important of
knowledge management is recognized and effectively implement by many
organizations.
In this brief essay, I will explain the differences between knowledge and information.
After that, there will be the discussion of the importance of knowledge management
in the organization as well as how effective knowledge management can create
competitive advantage for the organization. Also, the essay explains the skills
required to effectively implement knowledge management process in the workplace
through the explanation of knowledge life cycle.
NATURE OF KNOWLEDGE
Creation:
At this stage, knowledge first appears in someoneâs head as an idea. In fact,
no one can fully understand the idea or emerging knowledge, even if person creating
it. In doing business, the suitable strategy in this early stage is to test the idea on its
commercial viability. To encourage this activity, organizations need to create an
environment which requires adjustments in the following areas:
Informal Knowledge System: the organizations can lay out their space in an open
plan that has many common areas, give their employees time to experiment, and
provide resources for training programs and conferences in order to grow up
knowledge effectively.
Information Technology Systems: technology should be considered to connect people
who have interest at highly specialized internet forums rather than to codify and
store emerging knowledge.
Human Resources: organizations regularly create knowledge should hire people in
using new knowledge for critical feedback.
External Relationship: the contact with external customers and suppliers will
encourage the experimental of new idea.
Mobilization:
In this stage, knowledge continues to be improved, and the organization will extract
more value from it. To achieve it, organizations need to mobilize knowledge
internally and keep it away from outsiders. There are approaches for doing that:
Informal Knowledge System: the organization can encourage the internal
transferences among employees by building an internal network.
Information Technology Systems: the IT should focus on technology that can enable
the informal transfer of knowledge, and the system need to make it possible for
adding comments on the subject from users.
Human Resources: thinkers, doers, mavericks and pragmatists are needed in order
to fully transform new ideas into valuable knowledge.
External Relationships: it is still important to maintain strong relationship with
customers and other partners in this stage.
Diffusion:
In this diffusion stage, the organizations will accept the leakage of knowledge, and no
longer try to keep the knowledge under wraps. They will spread out the knowledge by
selling it to outsiders. Again, the managers should consider following approaches in
this stage:
Commoditization:
The organizations concentrate on managing knowledge that is already well known.
The basic knowledge has been completely diffused. However, there are many
opportunities to extract value from current knowledge to generate one in this stage.
The approached to extract value as follow:
Informal Knowledge Systems: in this stage, the use of formal knowledge systems will
be more valuable than the informal one. The systems will help the organization to
supply the best practices that can add value to well developed processes, and
encourage new ways of commercializing existing knowledge.
Information Technology Systems: organizations should develop effective search
engines and retrieval systems because of the significant volume of documents that
have gathered overtime.
Human Resources: it is similar to the requirements of the diffusion stage. However,
the demand for the knowledge may decline the demand for the jobs will be reduced.
It is better to use the contract employees to solve this problem.
CONCLUSION