Monday, July 23, 2018

The Monthly Insight of Knowledge Management July 2018

Digital is the age of creativity and innovation, and creativity is all about connecting the dots.

The aim of modern Information/Knowledge Management has often been described as getting the right information to the right person, in the right format and medium, at the right time, in order to make right decisions. The value of information is qualitative, measurable, and defined uniquely by an organization.

Digital Knowledge Management

How to Manage Knowledge more Systematically Digital organizations are information overloading and knowledge abundant, but very few of them are truly running a digital-savvy, high-intellectual business. On one side, the successful companies large or small, think that Knowledge Management is essential to their success and KM typically is part of or reported to the executive committee. This allowed the organization to facilitate the transfer of knowledge gained from one place to another. Many executives indicated that they simply couldn't succeed without such a KM strategy. On the other side, KM in the most of the companies have been managed with silo, focus more on content than context, local than global, single dimensional than multi-disciplines, what are the digital KM principles and best/next practices to achieve contextual intelligence by making KM effectively?

The Five Stages of Information-Knowledge Management Information is the lifeblood and knowledge is the power of modern businesses. All leading businesses across the vertical sectors claim they are in the information management businesses. Information does not live alone but permeates to everywhere in the businesses, information potential directly impacts the business's potential of the organization. Managing the information-knowledge lifecycle effectively becomes a strategic business capability. And there are different levels of information/knowledge system models to meet the business requirement at the different stage.

Knowledge Management best Quotes & Practices Digital is all about flow; the information flows, knowledge flows and mind flow…What are the insightful quote about knowledge management, what are some of the best practices that work to create a knowledge sharing rhythm and what are some of the latest tips on KM tools and governance?

Information Management vs. Knowledge Management Information Management is to connect people with the right information at the right time & location, to ensure that accurate information is accessible and shared within relevant business units. This information is open to interpretation in accordance with the level of knowledge one has. Knowledge Management safeguards full understanding of business processes, tools that are used and the people using those to optimize business efficiency. From Wikipedia: Information management (IM) is the collection and management of information from one or more sources and the distribution of that information to one or more audiences. Knowledge management (KM) is the process of capturing, developing, sharing, and effectively using organizational knowledge. It refers to a multi-disciplined approach to achieving organizational objectives by making the best use of knowledge.

Digital Flow: The Future of Knowledge Management: Digital means flow, data flow, information flow and knowledge flow; there is a shift from more traditional knowledge management approaches to techniques that involve enhancing the "flow" of knowledge within an organization to improve access and use. As the accepted model of knowledge management is too hierarchical, too centralized for the fast-moving, increasingly social or collaborative digital enterprise of today, so it makes sense that something like flow management is seen as a more fitting.

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