¶ … KM Tools used to facilitate Knowledge Management?
Effective use of knowledge management (KM) allows commanders to make "informed, timely decisions despite the uncertainty of operations," (WOCC KM Video). Knowledge management supports all process activities and is therefore everyone's responsibility (WOCC KM Video). There are several tools that can facilitate the flow of knowledge in the KM process, including tools that access knowledge, tools for semantic mapping, tools for knowledge extraction, tools for expertise localization, and tools for collaboration work (Ghani). Some, but not all, tools of KM are technologies or information technologies. Many tools are more procedural in nature. Operations Order, Staff Estimates, Status Charts, and Common Operational Picture are some of the tools used to facilitate KM in a military setting (WOCC KM Video).
2.What are some KM Processes used to facilitate Knowledge Management?
Knowledge Management processes include methods of creating, sharing, organizing, applying, and transferring knowledge (WOCC KM Video). Information and knowledge sharing through collaborative methods are key processes used to facilitate Knowledge Management. Knowledge management often depends on sharpening focus on key issues. Knowledge synchronization is also an important process used to facilitate Knowledge Management, because as knowledge needs to remain up-to-date, synchronization helps ensure that all parties are privy to new developments....
At present, large companies tend to have knowledge management strategies, because they can be integrated into information management strategies. IT and other technological companies have KM strategies, but so do many other firms. Creative firms such as advertising agencies, research firms such as pharmaceutical companies and firms whose business is based on acquired knowledge such as legal firms all place strong emphasis of knowledge management. In future, as more
Knowledge Management Toolkit A data warehouse encompasses and provides access to all the company's information to whoever needs access to it. A warehouse literally means a storehouse, and the information within an organization may be distributed within one computer or with many computers, form one single warehouse. They may contain several databases and all types of information, and in a large variety of different formats. However, all the above information and
All in all, Business Intelligence allows the company to better analyze the myriad of forces in the micro and macro environment and to make better informed decisions. It as such supports analytics, which in turn creates competitive advantages for the economic agent (Davenport, 2006), but it also creates internal strength and stability in the face of external pressures; it supports the processes of decision making. Still, regardless of the benefits of
Knowledge Management (KM) A new knowledge-based economy of learning individuals, organizations and economies has evolved from the machine-based economy which dominated the developed world throughout the twentieth century. The emergence of a new type of firm is signaled by the familiar symptoms of corporate change such as devolution of managerial responsibilities, more flexibility and skill in the workforce, more recourse to outsourcing, and increased networking both inside and outside the firm
The entire business model from Dell is entirely dependent on knowledge management and its effective use as part of their build-to-order strategy (Gunasekaran, Ngai, 2009). Part 2: The Senior Manager, Enterprise Systems at Cincom Systems interviewed for this second part of the paper. His name is Louis Columbus. This manager uses a wide variety of tacit and implicit knowledge management techniques and tools to capture the specific configurations of customer
Knowledge Management Titan Industries' Knowledge Management Titan Industries' Best Practices in Knowledge Management The ability of Titan Industries to attain best practices so rapidly in their Knowledge Management (KM) implementation illustrates how effective this strategic initiative can be in unifying business managers and Information Technology processors to a common objective. Global outsourcing leader Tata Information Systems is the subsidiary that owns Titan, so it is understandable how a very high priority was
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