Knowledge management approach Essay Example | Topics and Well Written Essays - 2500 words

Knowl acuity management approach - Essay fashion modelKnowledge management implies any activity regarding the capture and the diffusion of noesis within the organization. A appoint component of KM is to provide access to stored noesis components in order of magnitude to improve finding-making and facilitate companionship acquisition by the user. The present essay is an guarantee to introduce this innovative capital of modern organisations in a simple and lucid style. In the essay, the writer first, tries to distinguish the related concepts in the area of knowledge such as data, study etc, which are often misunderstood (used interchangeably with) as knowledge. In addition, an attempt is made to introduce the two approaches to knowledge management that capture and utilize knowledge. The essay prepared to ensure the different of these two approaches. Specifically, it attempts to narrate the definition of these approaches and portrays both advantages and disadvantages of these two approaches. Finally, rather most importantly the advertise demonstrates how to apply theoretical concepts of knowledge management to NASAs JPL case study.One of the essentials of an effective knowledge management constitution is that the system must be able to distinguish knowledge from data and information so that information overload can be reduced/eliminated and its efficiency can be improved. An efficient knowledge management system accepts only those data that are relevant, timely, reliable and accurate. In the words of Liew (2002) data means the order of facts or events and it is comprised of the basic, unrefined and unfiltered information, which are mostly useless. But, information is more refined data that is useful and meaty for an analysis and decision making. In contrast, knowledge resides in the human brain and it happens when human experience is use to data and information, therefore, knowledge is internalized which absorbed and understood by the human mind. In the modern business context, knowledge management can have a lot to perform to attain a competitive edge and thereby take a shit value to the organisation. Knowledge managementThere are many interpretations as to what only knowledge management is all about. The definition put forward by Quintas P., Lefrere P. and Jones is worth notable in this context. They define knowledge management as a continuously process of managing knowledge in order to ensure that knowledge is available when and where needed and can be acquired both from external sources and internal sources (Quintas et al, 1997). It is worthwhile here to mention the definition developed by NASA for knowledge management. NASA defines knowledge management as get the right information to the right people at the right time and helping people create knowledge and share and act upon information in ways that will measurably improve the operation of an organization and its partners (NASA, 2009). The procedures by which the obj ectives of KM can be accomplished include the followingAs furthest as possible, everyone connected with knowledge management system should disclose what he/she knows and thereby facilitates knowledge manduction and its reuse. This will allow others to know when and where knowledge is available. Knowledge is made available at the time of decision making and it is the duty of the concerned personnel in an organisation that knowledge is