Although individuals certainly can personally perform each of the KM processes, KM is largely an organizational activity that focuses on what managers can do to enable KM's goals to "This book captures an in-depth knowledge base on the most current and useful concepts, applications, and processes relevant to the successful management of knowledge assets"--Provided by publisher. Knowledge management involves the organization's capability to facilitate knowledge creation, transmit it throughout the organization, and embrace it in its systems, products, and services. Knowledge management is seen as a business process, integrating knowledge, people, processes, strategies, techniques and technologies. Liebowitz emphasizes the determination of how important certain knowledge is to the organization. Jan 22, 2018. by TechDissected. It is very important to identify, capture/acquire, share, reuse and unlearn knowledge. document management, data mining, blogging, and community forums . PII: S 0 9 5 6 - 5 2 2 1 ( 0 0 ) 0 0 0 2 2 - 1 The New Organizational Wealth: Managing and Measuring Knowledge-Based Assets, Karl Erik Sveiby, Berrett-Koehler, San Fransisco, 1997, 275 pp. The present book is based on the research papers presented in the International Conference on Emerging Trends in Science, Engineering and Technology 2012, held at Tiruchirapalli, India. Organizations can learn from experience how to exploit knowledge assets. All rights reserved. It is a rather challenging task to evaluate the level of knowledge and knowledge management in an organization. Knowledge management leads to enhance the level of performance of employees as also proposed by Qin & Yang, 2008. It is found another problematic concept of hiding the information; it means that often people resist sharing the information or having a factor of hesitation for their work to be . 2008). The Democratization of Knowledge. 85 0 obj << /Linearized 1 /O 87 /H [ 761 551 ] /L 251336 /E 56528 /N 17 /T 249518 >> endobj xref 85 16 0000000016 00000 n This two-volume collection covers all aspects of this critical discipline, which range from knowledge identification and representation, to the impact of Knowledge Management Systems on organizational culture, to the significant integration ... Knowledge management is the employment and development of the knowledge assets of an organization to achieve the organizational goals. This influential book establishes the enduring vocabulary and concepts in the burgeoning field of knowledge management. The knowledge to be managed includes explicit, documented knowledge and tacit, subjective knowledge. Purpose - The paper seeks to develop a business model that shows the impact of operational knowledge assets on intellectual capital (IC) components and business performance and use the model to show how knowledge assets can be prioritized in driving resource allocation decisions. High performing, knowledge enabled organizations (1) align . trailer << /Size 101 /Info 83 0 R /Root 86 0 R /Prev 249508 /ID[<4026dbd2db55642457bb844e25c563f5><96d45caedbfd95c1ba2fdae8a84fe816>] >> startxref 0 %%EOF 86 0 obj << /Type /Catalog /Pages 81 0 R /Metadata 84 0 R /PageLabels 79 0 R >> endobj 99 0 obj << /S 416 /L 517 /Filter /FlateDecode /Length 100 0 R >> stream Knowledge organization and assessment can seem like an expensive endeavor, particularly since the return on investment is indirect. 0000001613 00000 n 0000001466 00000 n Such learning is generally more effective when selected key aspects of the exploitation effort are varied, while the rest is kept constant or comparable. Open communication: Within a business or organization, knowledge management creates a system where valuable information is stored, shared, communicated and created among members. Starting by establishing KM processes, measures, and metrics, the book highlights ways to be successful in knowledge management institutionalization through learning from sample mistakes and successes. Other tools include libraries and data marts (Gamble & Blackwell 2001). Tacit Knowledge in Organizational Learning offers academians and practitioners an illustration of the importance of tacit knowledge to an organization, presenting a means to measure and track tacit knowledge in individuals and ... And they can be unstructured, tacit knowledge. It is relevant to note here that although explicit knowledge is not considered as valuable as This comprehensive work is a substantial contribution to the field in terms of theory, methodology and applications to replicate, support and challenge existing studies and offer new applications of existing theory and approaches. A variety of models have surfaced in an attempt to measure IC and this paper aims to highlight their strengths, weaknesses and operationalizations. Thus, the focus is on the firm's knowledge assets, which includes technology, human capital, pat-ents, brands, and organizational routines. This part of the knowledge resource is easy to find and recognize and therefore also easier to share. The knowledge assets of an organization are mobilized and shared in 'Ba' whereas the tacit knowledge held by individuals is converted and amplified by the spiral of knowledge through: Socialization . So as an example, there would be the deep expertise of key personnel. In other words, there is little visible gain from meticulously classifying and organizing knowledge assets. It refers to a multidisciplinary approach to achieve organisational objectives by making the best use of knowledge. A winning knowledge management program increases staff productivity, product and service quality, and deliverable consistency by capitalizing on intellectual and knowledge-based assets. Sveiby steps us through (1) understanding the era of knowledge Organizations, (2) managing intangible assets, and (3) measuring intangible assets. This exciting guide helps knowledge management professionals educate themselves on these topics. It is the process through which organisations create and use their institutional or collective knowledge assets. Expertise locators, such as corporate yellow pages, social network analysis and other knowledge maps can be used to pinpoint the location and categorize the valuable expertise of tacit knowledge sources (a.k.a. This paper, assuming that the organizational intellectual capital corresponds to the knowledge assets attributed to a company, aims . © 2010 - 2018. Sidney G. Winter e-mail: winter@wharton.upenn.edu phone: (215) 898-4140 Gabriel Szulanski e-mail: szulanski@wharton.upenn.edu phone: (215) 573-9627 The Wharton School, University of Pennsylvania Department of Management 2000 Steinberg Hall - Dietrich Hall Phildelphia, PA 19104-6370 Fax: (215) 898-0401 Revised: November 2000 Forthcoming in: The Strategic Management of Intellectual Capital and .
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