Knowledge management &more about it

Knowledge management is the process through which organizations generate value from their intellectual and knowledge-based assets. Most often, generating value from such assets involves sharing them among employees, departments and even with other companies in an effort to devise best practices.

ref: CIO Magazine .
" This may be a learning loop with in the organisation "

Example: The revenues for a particular entrée in a restaurant could, if related to other menu-item data, reveal a correlation between the purchase of a particular dessert with that menu-item.

I have an example stating that US gov. spent $800 computers in the 1980's and yet productivity dropped by 3%,this means that they have not managed the knowledge properly.

definitions & my view on KIDS stuff

DATA:As all know that data is raw facts and figures.My view on it is its just a
factual information,this information is further used for analysis,it is used
for making decisions in future.

For computer science it may be numericals or other information.
EXAMPLE: any numbers ,any data collected with out knowing any thing about it.

INFORMATION:Data which is arrangad in a meaningful format.

In my view on the face of it, there is no reason to think that every meaningful sign must carry information ,it depends as we discussed that in class.

my information becomes data to some and viceversa.

EXAMPLE:Suppose we have a phone number which is called data but if i get whose that number is and details about that person it may become information.

KNOWLEDGE:In oxford dictionary it means just acknowledgement,recognition or cognisance and these all mean that it is proof.

So knowledge says that its a personal subjective process emerging from previous experiences and current events.while information is objective data about the environment.

(ref:Roos,j.,Dragonetti,n.c.,1998).

Knowledge is that which enables the generation of new information with the existhing information.

Example:Suppose we know an information it can be used in any way to make it as knowledge.

" SUCCESS IN THE MARKET PLACE TODAY IS DIRECTLY

PROPORTIONAL TO THE KNOWLEDGE THAT AN

ORGANIZATION CAN BRING TO BEAR,HOW

FAST IT CAN BRING THAT KNOWLEDGE TO

BEAR AND THE RATE AT WHICH IT ACCUMULATES

KNOWLEDGE"

ref:Peter drucker 1993 in an article

week1 takings of our professional meeting

these r my team members cathing the A-team mission

closer view

me with new friend Hamza having our views on community of practice

some of my classmates discussing on org,strategy&cop

organisation

org is team(people) for discovering,individual work collectively to produce results,its driven by leader,motivating every one in the team,xchange of d informationb/w themetc.,

hi

Iam prasad having a good atmosphere in london