The And Characteristics Of An Organization

Knowledge management was defined as the turning of information into actionable knowledge which can be accessed by people who can apply it. Robbins (2003) gives a time perspective in his definition of knowledge management. He mentions as part of knowledge management the distribution of the right information to the right people at the right time. Lytras et al (2002) gives a definition of knowledge management which emphasises the purpose of knowledge management. In the definition creation of new capabilities, enablement for superior performance, encouraging innovation and enhancement of customer value were mentioned. For the purpose of this study the researcher summarised knowledge management as the intentional process of coordinating people, technology and systems to optimise creation and sharing of intellectual

The superior capabilities of knowledge management systems provide an opportunity for the business to engage the most effective components and recognize the importance of communication to make informed, accurate decisions (McGrath, 2001). This system can organize the company’s knowledge resources, knowledge obtaining, organizing, and applying to make a sound routine the will enforce effectiveness (Niu, 2008). The dynamic function of knowledge management to create, capture, and apply knowledge to achieve an organization’s objective will allow them to be more profitable and successful (Zucker, 1986). In addition to increasing profits, the system can be also used to reduce costs and enhance research and development (DeTienne & Jackson, 2001). With all of these advantages, it would be wasteful for a company to not employ knowledge management. As seen in the Discovery Communications, Inc. example, the company can attribute their new productivity levels and increase in ease of securing documents to the knowledge management system that put into place by Carefree Technology. Like Discovery Communications, Inc., knowledge management is so popular today because companies can collect, process and share knowledge to ignite employees ' creativity which in turn will make the business grow. Wenhong and Jianhua (2009) explained the core of knowledge management is to convert company’s knowledge resources into an increased company

communication, job focused, problem-solving, joint responsibility, and original approach. High-performance teams must be self directed, integrated production technologies, and organized. To build a high-performance team the group must focus on reliance, self-assurance, and the ability to work as group skills, flexibility and detailing the team process as its goes on. According to today's competitive business environment demands increased productivity, better quality, shortened response time, and lower costs.

While Knowledge Management (KM) is important in any business however, there is no real agreed upon definition. KM is a concept that includes the

Learning organizations today must be adequately able to readily adapt to change the mind-sets and behaviors of the people within. Although this sounds like a unified joint statement for each and every organization however, there are so many organizations that yet do not acknowledge the actual truths and current trends that illustrate particular dysfunctional behaviors that exist and occur each day. Learning organization aid and enable companies and business to run, operate, and function with efficiently. As organizations learn together, they attain knowledge, acquire skills and information and evolve at a faster rate. Culture begins to be created after learning organization are established and they are placed

Communication within high-performing teams requires the free flow of information, a shared agreement that no topic is off-limits, and frequent, respectful interactions among team members and other individuals in the organization. The HR team can work with team members to provide communication skills training to help members stay in close contact with each other through transparent transactions. (SHRM, 2015). This will allow team members to feel that

A high-level of performance makes up the basis for groups and teams today. High-performance is a major focus for many organizations since group and teams have become more common among organizations. High-performance teams are teams that get together for a specific and important task. For a group to become a high-performance team, the team needs to be able to use their

Nonetheless, integrated business communication in modern organizations has not only become a far more complex and varied but more important to overall organizational success (Baker, 2002).

Organizational communication began to arise in industrial businesses in the 20th century, analyzing the communication channels and the ways that information flows inside an organization (Cheney, 2007). Nowadays, every kind of business activity bears upon communication and functionality depends on competency of managers and employees to communicate efficaciously (Clausen,

A high-performance work team is described as a group of highly in-tune individuals that are extremely goal focused. This elite group tends to have a specialized expertise and skills in which they collaborate, innovate and produce efficiently and produce consistent results. A high performance group possesses the mentality to not only work independently, but to aggressively pursue performance excellence, through team-shared goals, effective organizational leadership, effective collaboration and communication, clear expectations of one another and a strong sense of accountability and trust amongst team members (BOMI, 2016).

With the benefit of hindsight, it is apparent that in the knowledge era, creating and leveraging knowledge is the business of business. By all available measures, the stock market is already providing handsome rewards to companies that successfully leverage their knowledge--a phenomenon that will almost surely grow in significance as knowledge-based organizations increase in size and number. A number of firms are anticipating this and looking to knowledge management to enhance, measure, and manage the knowledge of their employees and organizations more effectively.

Organisational learning can be seen as the goal of knowledge management and may be obtained by good knowledge management strategies and processes. By motivating the creation, dissemination and application of knowledge, KM initiatives pay off by helping the organization embed knowledge into organisational processes so that it can continuously improve its practices and behaviours and pursue the achievement of its goals.

Organizational Learning is when a team of people come together to achieve a common objective. The team looks into new ways to improve the organization as well as individual functions. Organization learning can help employees reach their fullest potential and the organizational to be more effective and efficient. Organization should work towards cultivating a learning organization where continuously learning is appreciated and learning is happening at the individual and organization level. A learning organization recognizes that their

Learning and knowledge management is rising as a key factor to handle change and developing competitive advantage.

The organization is a social or business unit of people working together to achieve the common goals and the organization managed through the