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KNOWLEDGE MANAGEMENT
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Topic: Knowledge Management
Sort Desciption: KNOWLEDGE MANAGEMENT Corporate assets and market capitalization now includes: Inventory Property and Knowledge . Knowledge in a corporation or organization includes the knowing of facts and ...
Content Inside: KNOWLEDGE MANAGEMENT Corporate assets and market capitalization now includes: Inventory Property and Knowledge . Knowledge in a corporation or organization includes the knowing of facts and processes that permit the operations of the entity. It is understandable therefore that the term "knowledge management" boasts many different definitions. Management of this corporate asset requires the movement of knowledge from an individual to a larger group. It is a real time connection between people between people and information sources and between people and processes. Scenarios in which knowledge management has a major impact on results: Corporate consolidation and restructuring Personnel movement within the company or as a new hire Tracking of people and processes Review and evaluation of personnel and processes Virtual office environments The advantages of knowledge management are: More effective use of existing intellectual assets Competitive advantage through pooling of resources and access to important information New opportunities and more focused innovation Day to day effectiveness and efficiency of business activities KM permits individuals to have: Easy knowledge creation and sharing Access to information anytime anywhere Better decisions through better information Timely handling of tasks and activities Easy access to historical tasks and activities The practice of knowledge management requires three major capabilities: organizational dynamics process engineering and technology. Identifying the relationships between people activities and the tools used produces a picture of the way things REALLY work. Some are obvious but most need ferreting out through questioning and reflection. With this expanded awareness the dynamics of the organization can be supported or shifted to maximize output. Almost any task in an organization is a process. With the expanded awareness of the dynamics of work ways to improve streamline ...
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