Knowledge Management (KM)
KM Defination
Learning process of sharing human knowledge to enhance intellectual capital and performance
Need for knowledge management
Hinders business operation
too much private information, loosing competitive advantage
availability of knowledge
depend on knowledge owners, knowledge acquisition, depends on the time availability
Data,Info,Knowledge,Wishdom,Truth
data
discrete and meaningless facts, particulars about something
information
meaningful data put together
knowledge
process of translating
types; 95% (tacit) and 5%(explicit)
wisdom
truth
Benifit
society
knowledgeable society via collaboration
organization
innovative strategy, improved internal, competitive advantage
team
xerox corporation
individual
IBM fellow program