Archive for May, 2011

How Knowledge Library helps?

How Knowledge Library helps?

There is no end to gaining knowledge. Knowledge has been escalation unprecedented. You gather knowledge all the time. We generally gather knowledge from experiences, from books; from people but now getting knowledge is no bigger problem because of the presence of the knowledge library. There are so many different facts which we all are unaware of. became very popular throughout the world in the 20 th century. The business world understood the necessity of knowledge in every sphere especially in global economy. The importance of is not limited to business management but also in research departments, universities, development department and so on.

Most of these are handled by experts and IT professionals who are in to this field and have good knowledge about searching information, preserving and organizing several books, selecting and acquiring. The recent development in the technology has led to this kind of a library where information is crucial. This has several diversities which mean that there is information about many other things. With the rapid increase in the knowledge management field people generally get confused between knowledge and information although both of them are two different words with two meanings.

Knowledge is basically a systematic arrangement of ideas transmitted to some other people with the help of a certain medium. Information on the other hand is a kind of data that has been broadcasted or communicated. Knowledge management library keeps information only on those facts which are useful for an organization and thus it is connected to the organization in a manner which will help the organization to grow in the long run. As we know that knowledge keeps changing and as a result the knowledge library keeps updating and revising their information and at times when the information is no more valid they consider them obsolete. Knowledge management library is therefore very important for the latest information. Knowledge management is used in order to enhance the performance of an organization. In this competitive world something like knowledge management is very crucial for the development of an organization.

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Tuesday, May 31st, 2011 Dollars Follow Scholars Comments Off

Knowledge Management in an Organisation

Knowledge Management in an Organisation

Knowledge Management in an Organisation

Introduction

The society is in transition, from Agrarian society, Industrial society, Information society and now the 21st century is considers as the Global Knowledge society. The concept, knowledge management is often used today’s world. And in the knowledge based society, intellectual capital is considered as a prime resource for any organisation. Thus Peter Drucker said, “The foundation of an organisation is not money or capital or technology. It is knowledge and education (human capital), knowledge workers will be by 2005 the single largest group in the labour force”.

The emergence of new complicated situation made every organization to have knowledge management initiatives to accumulate, preserve and utilize the knowledge in systematic ways. Every world renewed organisations are now trying to achieve knowledge management principles for their operations.

It is concerned with the use and developments of knowledge asset of an organisation. The knowledge is either explicit knowledge or tacit knowledge. The explicit knowledge is called as documentary knowledge and the tacit knowledge or subjective knowledge is resides in the minds of employees/scientists and so on.

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What is knowledge management?

It covers all process associates with the identification, sharing and creation of knowledge, but sharing of explicit knowledge can be easy than that of the tacit knowledge. but for successful knowledge management is an organization, creation of knowledge repositories and cultivating the habits of sharing the knowledge among employees and organisational learning.

Pre – Requisites: To develop a knowledge Management systems following are essentials.

Knowledge repositories: it is necessary to create knowledge repositories that stores knowledge and information both in documentary or digital forms.

Knowledge access: the knowledge or information stored in the repositories should be made available for easy access to all the employees of an organisation.

Enhancing knowledge environment: it is necessary to create conducive environment to produce knowledge, transfer and use

Knowledge management: knowledge is an asset of an organisation and a person that should be managed systematically.

Principles of knowledge Representation

A knowledge representation is a surrogate, set of ontological commitments, and fragmentary theory of intelligent reasoning, medium for efficient computation and medium of Human expression.

Reference

Book, George (1854) An Investigation into the laws of thought, reprinted by Dover publications, New York.

Born, Max (1949) National philosophy of cause and chance, Dover publications, New York.

Gartner Group, European E –work and knowledge management march 1998, pp.30 – 31.

Peter Drucker, (2000), knowledge work executive excellence, pp.11 – 12.

Minsky, Marvin (1965) “Mater, Mind and Models”, proceedings of IFIP congress 65, pp45 -49.

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Wednesday, May 25th, 2011 Dollars Follow Scholars Comments Off

Knowledge Management

Knowledge Management

Nevertheless “Knowledge Management” has become one of the hottest subjects of the day. But the question is what really this activity is that which is called knowledge management?  And why is it considered so important to each one of us? The following article provides some up-and-coming perspectives in answer to all these queries. As you read on, you can decide whether or not, all this makes any sense.

To start with, let’s go through what is knowledge management? Well, knowledge management is nothing but getting, organizing, and stacking-away knowledge, information and noesis of individual employees and groups inside an association and making this knowledge accessible to other people in the organization.

In other words knowledge management is the name of a conception in which a concern or an organization intentionally and expansively congregates, systematizes, shares, and scrutinizes its knowledge in terms of resources, documents, and people’s skills. And in restricted sense, knowledge management is also known as ‘Knowledge Transfer’ and Organizational Memory’ process.

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It is a technique for collecting information and making it obtainable to other people or the employees of an organization or the company. With the help of Knowledge management the company or the organization can be able to store, organize, and access both external and internal information. Knowledge management is the process of methodically and vigorously leveraging and managing the accusation of information in an association. And it is the procedure of converting intellectual assets and information into long-term value.

It is indeed a structure or a framework for managing the organizational procedures that generate, amass and hand out knowledge, as defined by its combined data, information and body of skill and experience.

What more? Knowledge management is a multi-bailiwick approach to attain organizational objectives by making finest utilization of knowledge. It involves the plan, analysis and accomplishment of both technological and social processes to develop the relevance of knowledge, in the mutual interest of stake-holders.

It is 100% true that Knowledge Management is evoking and sharing the knowledge, skills, experience and intellect of each person working in a specific process.

This still-germinating conception absorbs reining venture’s huge data, proprietary and or else, for relative decision-making, supply-chain management, workflow mechanization, and/or competitory benefit. Far more than just information- accumulation, knowledge management attempts to augment business assessment and assist workers to work more prolifically.

There are various aspects of KM, among them one of the vital aspects of Knowledge Management is knowledge transfer. This has for all time survived in one structure or another. The best examples of these are On-The-Job peer discussions, communal libraries, formal apprenticeship, proficient training and instructing/leaning programs. However, with the usage of computers the precise versions of technology such as expert systems, knowledge bases and knowledge depositaries have been brought-in to further simply and shorten the process.

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Tuesday, May 24th, 2011 Dollars Follow Scholars Comments Off