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.
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i got a clear idea from ur example
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ReplyDeletein any organization we have people working in it...in those people some may have good ideas and good skills...we often have meetings in the organization ....in those meetings we can share our thoughts with other people ..exactly this is what the art of transforming information
ReplyDeleteHello Prasad, good improvement from last time. Well done, keep up the good word! I like the bit about 'learning loop', adding to this another few words from my view is ... 'to overcome the barriers and avoid errors'.
ReplyDeleteYour example of 'US gov', I'm not sure if KM can be applied. (Correct me if I am wrong!) But that is because this is my position, for example, if you said productivity dropped - is this because the culture of the organisation was different before they spent that much? or is it because the people that implemented the expenditure - did not they not understand the full context of computers for existing staff member's to use? was it appropriate for them to spend that much? or was it because back in the 1980's - staff did not have the 'knowledge' to use computers?
In what way did you mean that 'they have not managed the knowledge properly?'
Hi prasad.. i saw your presentation.. found good..
ReplyDeletebut my kind suggestion to you is not to enquire about topic from others.. gain knowledge from your home work.. because your work gives experience..
Hi Prasad ..
ReplyDeleteLike many others as I discuss in my blog .. you have many interesting ideas but you dont support it (or relate it) with the work of other scholars.
It would be much valuable if you could put these ideas into examples from practice
Aboubakr
Hi Prasad i got a clear idea from your blog about K.M. but I have a small question i.e you have said that to derive best practices by sharing among employees but my friend my position is that giving every employee all knowledge is not that good so i thnk it could be said that sharing considerable amount of knowledge within the employees.
ReplyDelete(this is my position in respect to K.M )
Your references are isolated and not from KM scholars…
ReplyDeleteYou need to learn Harvard references method to reference your work….
you need to put your ideas in an organisation context…..
so I can understand your personal position…
hi your view of explanation on extention of models is very good and your example also
ReplyDeleteMr Parsad you say: "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."
ReplyDeleteWhat this mean... I don’t understand..? :-(
whats computers got to do with it...
I know less is more... but don’t take it as nothing...!
ReplyDelete;-)