The Theory Of Knowledge Management

The twelve Knowledge Management Principles are aimed at leading individuals to apply key Army principles to their decisions and incorporate them into the actions that they undertake. Out of these twelve principles, the two that appear to be the most critical would be the first and third principles, which apply to the training of leaders, managers, and champions on knowledge management principles and creating an environment in which collaboration can occur on the basis of knowledge management.

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

In 1597, Sir Francis Bacon wrote, “Knowledge is Power”. Hundreds of years later, this quote still implies today, especially for the success of any business. Today, businesses are flooded with constant data and information. Yet, managing all this information on a daily basis has definitely been a challenge for many companies to overcome. Today, managing knowledge is power; hence, the growing interest in knowledge management systems. The term knowledge management refers to the “discipline that promotes an integrated approach to identifying, capturing, evaluating, retrieving, and sharing all of an enterprise's information assets. These assets may include databases, documents, policies, procedures, and previously un-captured expertise

Knowledge management: It is the process of management techniques and tools disseminating knowledge with in an organization. There are two main types of knowledge.

* Improve the quality of products and services while reducing errors, rework, and cycle times.

Knowledge management (KM) is a relatively new concept that emerged 15 or 20 years ago and which presents knowledge as a process, rather as something that people have. Blacker (1995) himself talks of “knowing as a process”, thus something far more complex and ambiguous than the classical and cognitive views that we could have of knowledge. Moreover, this assumption implies, as we shall see, that management is not neutral or objective but that it is intertwined in power relations and social processes that help to achieve the KM’s goals

Knowledge Management (KM) is described as a systematic process of sharing, reusing and managing the knowledge only when it is made available and recorded (Jashapara, 2005). This helps an organization to gain insight and understanding for own experience (Remus, 2012). Most of the KM activities

Knowledge management is critical to organizations. According to Gregory R. Wenig, knowledge management is consists of activities from its own experience and from the experience of others, and on the judicious application of that knowledge to fulfill the mission of the organization. In my point of view, I think that knowledge management is performed by organization to appropriately handle, distribute, and transfer assets of knowledge, experience, and ideas from individual

Recently, knowledge management (KM) has already been recognized as a key instrument to improve effectiveness and performance in the organization (Zack et al., 2009). The OECD has recognised that knowledge and technology have become drivers of productivity and economic growth in modern economies in 1996.

Many large companies have resources dedicated to Knowledge Management, often as a part of 'Information Technology ' or 'Human Resource Management ' departments. Knowledge Management is a multi-billion dollar world wide market.

The author Maria Martensson is a PhD student in the Stockholm Ê University School of Business, Stockholm, Sweden. Keywords Knowledge management, Knowledge, Strategy Abstract Over the past several years there have been intensive discussions about the importance of knowledge management within our society. The management of knowledge is promoted as an important and necessary factor for organisational survival and maintenance of competitive strength. To remain at the forefront organisations need a good capacity to retain, develop, organise, and utilise their employees ' capabilities. Knowledge and the management of knowledge appear to be regarded as increasingly important features for organisational survival. Explores knowledge management with respect to its content, its definition and domain in theory and practice, its use and implications, and to point out some problems inherent in the concept. The main contribution of this paper is an extensive literature survey on knowledge management. Electronic access The current issue and full text archive of this journal is available at http://www.emerald-library.com

Knowledge management is one of the key enabling technologies of distributed engineering enterprises. It including a wide range of organisational management and technologically oriented approaches that expand the utilization of an organisations ideational assets. Knowledge management approaches may be split into personalization approaches that confirm communication, human recourse and codification approaches that confirm the gathering and organisation of knowledge. This singularity is used to discuss the implementation of knowledge management in engineering design, after first outlining the engineering circumstances that have led to the stream confirmed on the application in software design. The function of information

The concept of knowledge management (KM) was introduced early in 1990s, which include business administration, public policy, information systems management, library and information sciences. Knowledge Management became popular in the 1995 with the publication of The Knowledge- Creating Company written by Nonaka and Takeuchi.

Knowledge management has been developed in priority and increased popularity as a research topic from the era of 20Th century. There was enough term for many organizations to introduce KM methods and KM systems. Computing and information systems of an organization are used as a base for implementing knowledge based management systems.KM features mainly on knowledge development, inquisition, refinement, utilization and storage. Knowledge management systems commonly involve the use of databases in the current 21st century and many challenges involve directly related, mixed activities that pursue laws of life and social sciences that affirm science with engineering. The models of knowledge management

Knowledge management is the ability of organizations to effectively utilize and maximize the expertise, knowledge and competencies of its employees considered assets