Knowledge is power. Compared to the physical asset, knowledge is more intangible, complex, and dynamic.
High organizational learning relates to high response in recognizing and addressing system constraints, adapt to the ever-changing environment.
With the increasing pace of changes and the cutting-throat competitions, to effectively respond to the digital dynamics, either individually or collectively, continuous learning becomes an important skill for capability building and prerequisite of developing changeability.
Knowledge Management on Demand
Knowledge Management on Demand To quote Peter Drucker: Knowledge is the most invaluable commodity. It couldn’t be truer in the digital era. On one hand, the fresh knowledge can be captured from the abundance of information; on the other hand, it doesn’t take so long for that knowledge to become a commodity once the market is exposed to it. Knowledge Management is about making all types of knowledge -implicit, explicit, and tacit, accessible in situations and contexts as needed so that viable options materialize. Digital Knowledge Management is not managing knowledge as an object, but providing the management system that enables knowledge flow. Knowledge Management on demand allows the organization to capture the right knowledge timely in order to make the right decision for unleashing its growth potential.
Manage Enterprise Knowledge to Fit Business Strategy Knowledge is power. The successful companies large or small think that Knowledge Management is essential to their long term business success. More specifically, Knowledge Management (KM) is the process of capturing, developing, sharing, and effectively using organizational knowledge to either solve business problems or build unique business advantages It refers to a multi-disciplined approach to achieving organizational goals by making the best use of knowledge. Here are three perspectives on managing enterprise knowledge.
Knowledge Management Structure and Value Knowledge is information that has the potential to generate value. Knowledge is power. Compared to the physical asset, knowledge is more intangible, complex, and dynamic. Some companies have managed it, but very few companies are doing what they should do to design a knowledge structure and take a holistic approach to preserve and manage knowledge from the long-term strategic perspective and build a knowledge savvy organization.
Playing Innovation Oddball: Avoid Knowledge Traps Knowledge is the foundation of the imagination. We can use knowledge of the forces of physics to guide us in the exploration of the earth or space. Our imagination lets us dream of where we could go, knowledge helps us understand how and what forces we are dealing with in our journey. A great wealth of knowledge fuels imaginations. This, in turn, becomes things that can be useful. However, too much knowledge, especially if it’s outdated or too little knowledge will turn to be the trap of innovation.
The Characteristics of Digital Knowledge Management With abundant information and technology-enabled digital convenience today, knowledge has a broader scope and deep impact on business success for the long term. Knowledge Management is the management with knowledge as a focus. Organizational data, information, knowledge, and insight are the different stages of the information life cycle that organizations need to manage effectively and improve their business capability maturity. Here are three characteristics of knowledge management.
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