1 INTRODUCTION
Many organizations in the public sectors now understand the significance of knowledge management in optimizing their operations. This realization comes from the fact that organizations have to rely on people’s ability (mental and physical) and technology in establishing itself for a new economy. Organizations in the public sector are knowledge-intensive organizations and poor knowledge management practices eventually leads to high operational cost, as a result of lost institutional knowledge, knowledge gaps and poor decision making. (Luen and Al-Hawamdeh, 2001).
Knowledge management is the ability of organizations to effectively utilize and maximize the expertise, knowledge and competencies of its employees considered assets
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• Identify the appropriate knowledge management models, tools and techniques relevant to PTFP. applicable
• Identify limitations to the application of knowledge management, models, tools and techniques in PTFP
• Propose recommendations to improving the knowledge management practices in PTFP.
1.3 METHODOLOGY
In order to document a well comprehensive report, research will be done using journals, articles, literature reviews, online resource publications and newspaper to get detailed information on:
• Nigeria Power Sector practices and processes.
• Stakeholder organizations involved in the M&E process done by PTFP
• Knowledge management practices in public sectors.
• Knowledge management models, tools & techniques. appraisal
1.4 ORGANIZATION’S BACKGROUND
The Presidential Task Force on Power was established by the President Goodluck Jonathan administration in June 2010. Its main objectives were to drive the implementation of the reform of Nigeria 's power sector, bring together all the agencies that play a vital role in private sector investment in the power industry. It also has the mandate to monitor the planning and execution of various process and projects in generation, transmission, distribution and fuel-to-power that are critical to meeting the stated service delivery targets of the power reform roadmap. (Nigeriapowerreform.org 2013)
Claire Danes stars as Carrie Mathison portraying the role of a CIA agent in the award winning television show called Homeland. Carrie has Bipolar disorder, a type of mood disorder often characterized by its continuous and repetitive nature to cause instability in mood or emotions. Mood disorders are also associated with the interference of normal cognitive, behavioral, and physical functioning (Russell, 2018). Bipolar disorder is commonly referred to as “manic depression” because individuals affected with the disorder experience episodes or periods of both depression and manic states. When a person is in the depressed state, they display lethargic, melancholic, or apathetic behavior. The manic state is classified by its ability to cause extremely high spirits and energy, as well as
Hislop, D. (2013). Knowledge management in organizations: A critical introduction (3rd ed.). Oxford, UK: Oxford University Press.
Knowledge Management can make a significant difference between ongoing or successful ventures of any organization in a world of accelerating change. Knowledge Management provides the ability to connect and cooperate complex ideas efficiently and can be beneficial even to expand when using strategic alliances. To make Knowledge Management work in an
Knowledge management combines all the available resources within an organisation in order to become more efficient and one of the most reliable components of an organisation 's competitive advantage in the marketplace is one of its most readably available resources, its labour force and the knowledge it holds. Since knowledge management aims at retaining the existing knowledge of an organisation it can be of great benefit for an organisation to implement knowledge management (KM) strategies and organisational learning into its human resource management (HRM) as it will aid in gaining a competitive advantage over other organisations.
In the contemporary corporate cultural based world, a knowledge management system (KMS) is considered an important element to assist the sharing and integration of knowledge within the organization. An effective knowledge management strategy is capable of resolving knowledge management issue arises at any level in the organization (top management-to-bottom management level). A successful KMS also helps in increasing the overall business performance through ensuring staff performance, project management, organizational change management, quality of deliverables and the satisfaction of the staffs and customers. On the other side a lack of implementation of proper knowledge management system may hinder the performance of the staffs and the overall productiveness for the organization.
Knowledge is something that comes from information processed by using data. It includes experience, values, insights, and contextual information and helps in evaluation and incorporation of new experiences and creation of new knowledge. People use their knowledge in making decisions as well as many other actions. In the last few years, many organizations realize they own a vast amount of knowledge and that this knowledge needs to be managed in order to be useful. “Knowledge management (KM) system” is a phrase that is used to describe the
Sharifuddin et.al. (2004) argument might true, relatively very little information on knowledge management in the public sector, and even less in developing countries, KM forum in Indonesia start
Regarding to the organisation which they implement PKM in a particular company, it is always crucial that the organisation is being supported by the top level management. The importance of the PKM which is to be implemented in the organisation should be better highlighted because it is vital for them, regardless whether it is for
Knowledge management is set of practices aimed at discovering and harnessing an organization 's intellectual resources-fully use the intellects of the organization 's people. Knowledge management is about finding, unlocking, sharing, and altogether capitalizing on the most precious resources of an organization: people 's expertise, skills, wisdom, and relationships (Bateman, 2009). Knowledge management allows more employees to be involved in the decision making process of the company. In the roofing and sheet metal industry knowledge management is very important in the success of the organization.
In today’s modern day environment, the competition as well as the drive to be one of the best amongst organizations, is consistently increasing, especially after globalization. Due to which many organizations are no longer confined under certain boundaries, but instead are more intermingled. As an outcome, many organizations these days heavily rely on each other for sharing knowledge. Therefore, knowledge management is considered as a valuable component towards the success of an organization.
Chapter 12 highlights the different reasons for managing knowledge that include the need to respond accurately to globalization as well as rapid change, the need to manage communication and information overload, organizational downsizing, leveraging knowledge in order to gain competitive advantage as well as controlling knowledge embedded within different products in an organization. The author also elaborates how knowledge management can be viewed as a dynamic process, which involves the transfer, capturing, generation, and codification of knowledge. The chapter also asserts that business intelligence utilizes technologies and data to understand business performance.
Knowledge management helps to solve some of the most common business problems and at the same time delivers
The firm under analysis is a small IT consulting company in the United States. Cloud Computing has performed in the industry within 8 years, so that it has managed to collect its regular customer base. The company was founded by a group of enthusiastic entrepreneurs being still the chief executive officers. Their team designs and implements IT solutions for various organizations while the rest of the personnel receives the knowledge presented by few founders of the firm. The organization takes a top-down approach in human resource management. However, it is appropriate to make a general comment on the fact that knowledge management is a key driving force within the company. The chief executive team shares its knowledge with the rest of employees, so that a positive ethical environment is always present within this organization.
The process of collecting, transferring, storing and making information useful is also known as knowledge management. In this, the organization is enabled to grow, adapt to changes and meet customer demands. The information age has a most certain influence on how the organization manages knowledge. This is true of whether that knowledge is unique to the organization, or shared to external organizations. Today there are various ways to collect and compile data and turn that data into useful information; however, without the use of knowledge management, then data, information, and knowledge is lost or misused. Through the knowledge management process the organization has the ability to learn as an organization. This is
Knowledge management is a term and a concept which began in the early 1990s. Despite the popular notion that knowledge management only began as a practice with the rise of technology, it has been around as a concept for around 15,000 years. At that time in history, merchants, artisans, doctors, and others first began writing down their knowledge for future generations. In Mesopotamia, roughly 5,000 years ago, people began to have difficulty keeping track of all the clay tablets on which information was written and created the first organized knowledge management solutions, the library (Bergeron 2003). Over the years, even as human advanced technologically, the idea of knowledge management remained. Since the idea of knowledge management arose as a management idea in the 1990s, it has undergone several changes in definition as ideas have changed. First, in 1994, it was defined as “the process of capturing, distributing, and effectively using knowledge.” While this was a very straight forward definition, it had the disadvantage of not including any mention of the human element. Thus, in 1998, the definition was changed to be “a discipline that promotes an integrated approach to identifying, capturing, evaluating, retrieving, and sharing all of an enterprise’s information assets, which may include databases, documents, policies, procedures, and previously un-captured expertise and experience in individual workers.” Finally, as technology has created more of an element of