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Foundations of Knowledge Management

Knowledge Management (KM) is an organizational strategy for enhancing performance and innovation through the handling of knowledge. It involves the acquisition, storage, dissemination, and application of knowledge, integrating principles from business, information systems, and library sciences. KM has evolved from traditional knowledge transfer to modern, technology-enabled systems. It supports key objectives like efficiency, competitive advantage, and continuous learning. The text delves into KM's historical development, digital context, academic research, implementation strategies, and technological enablers.

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1

______ Management is a strategy that emphasizes on gathering, preserving, sharing, and using knowledge to boost ______ and ______.

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Knowledge performance innovation

2

Originating in the early ______, KM became a separate scholarly field, combining elements from ______, ______ systems, and ______ sciences.

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1990s business administration information library

3

In the context of ______ management, KM is essential for utilizing knowledge as a key ______ asset.

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strategic strategic

4

KM is vital for ______ management in various organizations, including ______, public entities, and ______ organizations.

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strategic corporations non-profit

5

Origins of KM practices

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Began with mentorship and apprenticeships for knowledge transfer.

6

Role of technology in KM

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Modern tech, like databases and expert systems, revolutionized KM in the late 20th century.

7

Personal KM in the 1990s

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Focused on individual's role in knowledge creation and sharing.

8

Global supply chains and the ______ industrial revolution have made knowledge transfer international.

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fourth

9

Knowledge flows not just within, but also ______, necessitating more complex KM methods.

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across borders

10

Due to digital transformation, there's been a massive growth in the ______ and ______ of knowledge sharing.

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volume velocity

11

Organizations must implement advanced KM strategies to handle knowledge ______ and ______ organizational limits.

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within across

12

First Chief Knowledge Officer at Skandia's role

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Pioneered management of intangible assets in KM.

13

Techno-centric vs. Ecological perspectives in KM

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Techno-centric emphasizes technology in knowledge dissemination, ecological views KM as complex adaptive systems.

14

Core components of KM

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Interplay of people, processes, and technology, with models to guide KM practices.

15

For KM, organizations may create ______ repositories and foster ______ of practice.

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knowledge communities

16

KM strategies include ______, which documents explicit knowledge, and ______, which shares tacit knowledge through interaction.

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codification personalization

17

The choice of a KM strategy depends on the ______ of the knowledge and the KM program's ______.

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nature specific objectives

18

Organizations may also implement ______ technologies and ______ systems to support KM.

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collaborative eLearning

19

Impact of Collaborative Software on KM

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Facilitates teamwork by allowing for shared workspaces and real-time communication.

20

Role of Workflow Management in KM

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Streamlines processes, ensuring efficient flow and tracking of knowledge tasks.

21

Semantic Web's Implication for KM

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Enables data to be connected and reused across applications, enhancing information retrieval.

22

The primary goal of KM is to create a ______-centric environment that supports the organization's ______ goals and ______ objectives.

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knowledge strategic performance

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Foundations of Knowledge Management

Knowledge Management (KM) is an organizational approach that focuses on the acquisition, storage, dissemination, and application of knowledge to enhance performance and innovation. Established as a distinct academic discipline in the early 1990s, KM integrates principles from various fields such as business administration, information systems, and library sciences. It is a critical component of strategic management within corporations, public institutions, and non-profit organizations, aiming to leverage knowledge as a strategic asset. KM initiatives are designed to support key organizational objectives, including improved efficiency, competitive advantage, fostering innovation, and the promotion of continuous learning and adaptation.
Modern office environment with group of professionals around oval conference table, technological devices on the table, natural and artificial lighting.

Historical Development and Practices of Knowledge Management

Knowledge Management has evolved from age-old practices of knowledge transfer, including mentorship and apprenticeships, to sophisticated systems enabled by modern technology. The latter half of the 20th century saw the development of computer-based tools like databases and expert systems that revolutionized KM. The concept of personal knowledge management emerged towards the end of the 1990s, emphasizing the role of the individual in knowledge creation and sharing. Today, KM encompasses a range of practices that facilitate the capture, systematization, and dissemination of knowledge, with a strong focus on learning from experiences and nurturing a culture that supports organizational learning and knowledge sharing.

Knowledge Management in the Contemporary Digital Context

The digital era has introduced new dimensions to KM, with the proliferation of data and rapid technological advancements posing both opportunities and challenges. In the context of global supply chains and the fourth industrial revolution, knowledge flows across borders and between entities, necessitating sophisticated KM approaches. Digital transformation has led to an exponential increase in the volume and velocity of knowledge exchange, requiring organizations to adopt advanced KM strategies to manage knowledge effectively within and across organizational boundaries.

Academic Research and Theoretical Frameworks in Knowledge Management

Since becoming a recognized field of study, KM has attracted extensive research and theoretical development. Pioneers like the first Chief Knowledge Officer at Skandia paved the way for the management of intangible assets. Scholars such as Ikujiro Nonaka and Thomas H. Davenport have contributed significantly to the theoretical landscape, offering diverse perspectives ranging from the techno-centric, which emphasizes the role of technology in knowledge dissemination, to the ecological, which views KM through the prism of complex adaptive systems. The interplay of people, processes, and technology is central to KM, with various models and frameworks developed to guide KM practices.

Implementing Knowledge Management: Strategies and Instruments

To implement KM effectively, organizations employ a variety of strategies and tools aimed at capturing, organizing, and sharing knowledge. These include establishing knowledge repositories, nurturing communities of practice, and deploying collaborative technologies and eLearning systems. Strategies are often categorized into codification, which involves documenting explicit knowledge, and personalization, which focuses on the sharing of tacit knowledge through direct interaction. The selection of a KM strategy is influenced by the nature of the knowledge and the specific objectives of the KM program.

Technological Enablers in Knowledge Management

Technological advancements have significantly enhanced the capabilities of KM by providing sophisticated tools for collaboration, content management, and knowledge dissemination. Collaborative software, workflow management systems, and semantic technologies are among the tools that facilitate efficient knowledge management. The development of the Semantic Web, which allows for the association of meaning with data, has potential implications for KM, although its full adoption remains a topic of ongoing discussion and exploration.

Driving Forces and Advantages of Knowledge Management

Organizations pursue KM for a variety of reasons, including the need to improve innovation, accelerate product development, and manage intellectual assets effectively. KM enables organizations to cultivate a culture of innovation, enhance workforce expertise, and address complex challenges. The overarching aim of KM is to foster a knowledge-centric environment that aligns with and advances the organization's strategic goals and performance objectives.