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The maze of definitions with technical jargons may appear to be confusing at the initial phase. But if we calmly analyse, we can segregate the contents into three units
KM aims at creation and continuous renewal of organisational knowledge base through
KM represents systematic combination of data and information capacity of IT + creative innovative capacity of human being. In the process of creating and renewing knowledge base KM makes use of "knowledge technology" consisting "knowledge Analysis" and "knowledge Planning". The Process of Knowledge-base Creation & Utilisation The process consist of
Information and capture valuable knowledge into organised knowledge base. Information has to be first located at its source, out of which relevant and useful segments have to be selected. It has then to be organised in an appropriate form, and properly refined and edited and added to the knowledge base, so that it can be made use readily at the needed occasions. Sharing & making use of such knowledge to demonstrate that Protecting intellectual assets from decay, adding to firm's intelligence and providing increased flexibility.
If you examine, you will find that each of the definitions quoted earlier touches one or other of the above mentioned features of KM. However it represents merely a miniscule information about knowledge management. Universities in Australia and European Countries have organised Degree and Master level programmes for studying KM. The subject is vast and further growing. You will understand this, if you wade through the Web portal of BRUNT Institute. It may also be pointed out that KM is a part of the overall science of effective Management. It is a brand of business management and it does not outplace accepted management functions and principles. Knowledge is deemed as an asset. Every asset is put to productive use. We have "inventory Management", "Cash Management" and "Receivables Management". All these are part of the science of Corporate Management. Management is itself an evolutionary science, but it maintains its continuity. We have Scientific Management, followed by the "behavioural approach", the "human relations approach", the "quantitative approach" etc. Though these are all different from each other, they all represent an underlying continuity, and merely convey the response of management scientists to new emerging challenges in global business organisations. Knowledge Management is to be viewed as an extension in this sense. It does not replace basic management concepts of setting goals, and reaching these goals though planning, strategy etc. | |
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