Essays on Reasons for Knowledge Management Coursework

Download free paperFile format: .doc, available for editing

The paper "Reasons for Knowledge Management" is a perfect example of business coursework.   Knowledge management involves processes through which businesses acquire and create, store, transfer, share and apply knowledge to empower personnel through the improvement of their performance and learning (Wallace, 2007). According to Christensen (2008), knowledge management helps in enhancing an organization’ s competitive advantage. An organization is a place where information for decision-making is transferred across all the levels of management. The emphasis of knowledge management in an organization is very important since it enhances the process of information transfer and exchange of ideas across the organization (Warier, 2006). Reasons for Knowledge Management Knowledge management is a continuous process Knowledge management is a process that takes place in an organization on a daily basis.

An organization is a place where information for decision-making is transferred across all the levels of management (Awad, & , Ghaziri, 2007). The emphasis of knowledge management in an organization is very important since it enhances the process of information transfer and exchange of ideas across the organization. This makes it possible for an organization to make an informed decision regarding its issues (Christensen, 2008).

The twenty-first century has been described as a century of knowledge especially with changes that have been witnessed in the corporate world. Organizations need to have an effective knowledge management system in order to be able to manage change and be innovative (Wallace, 2007). Innovation enables an organization to create a competitive advantage. An organization’ s knowledge management system should be renewed continually to enable it to compete in the corporate world (Warier, 2006). Knowledge management involves business processes Various authors have emphasized knowledge management since it is a discipline involved in various business processes (Christensen, 2008, Warier, 2006, Gamble, & , Blackwell, 2007).

Knowledge management does not only involve management of knowledge as a resource but also using the resource to manage the business processes (Wallace, 2007). It entails an assessment of the available knowledge and incorporating it in the business processes in an organization. Knowledge is conveyed via Language Emphasis has been given to knowledge management since it is a process that travels via a language. The organization needs to speak in the same language in order to be able to apply any new idea (Gamble, & , Blackwell, 2007).

To be able to describe any experience in an organization, a common language should be developed in order to appropriately convey it (Wallace, 2007). According to Christensen (2008), the systems through which the idea is conveyed should be accessible to all members of the organization, for example on an organization website through the staff login. Knowledge management is for everybody in an organization More emphasis has been given to knowledge management since it is a process that applies to all members of an organization (Wallace, 2007).

Organizations need to have an effective knowledge management system in order to involve all employees in the knowledge management process (Gamble, & , Blackwell, 2007). This will enable the organization to incorporate all the relevant ideas and changes in its policies. Innovation enables an organization to create a competitive advantage (Warier, 2006). An organization’ s knowledge management system should be renewed continually and involve employees to enable it to compete in the corporate world.

References

Awad, E. M., & Ghaziri, H. M. (2007). Knowledge management. Delhi: Dorling Kindersley, licensees of Pearson Education in South Asia

Gamble, P. R., & Blackwell, J. (2007). Knowledge management: A state of the art guide : models & tools, strategy, intellectual capital, planning, learning, culture [and] processes. London: Kogan Page

Christensen, P. H. (2008). Knowledge management: Perspectives and pitfalls. Copenhagen: Copenhagen Business School Press.

Warier, S. (2006). Knowledge management. New Delhi: Vikas Pub. House

Wallace, D. P. (2007). Knowledge management: Historical and cross-disciplinary themes. Westport, Conn: Libraries Unlimited

Download free paperFile format: .doc, available for editing
Contact Us