What is knowledge management?

It is very difficult to define knowledge management unless we have no strong idea in terms of knowledge is. Before the definition of knowledge management has to define the term knowledge first, we shall see. But first we define knowledge management as an activity that has two basic objectives of a company. The first objective is to gather knowledge are important to the company and directly affects business strategy policy and practice of an organization at all levels. The second objective of knowledge management in the map of the intellectual assets of the organization, what large amounts of information access and sharing best business practices through technology that allows including intranet previous function and groupware.

Role of Knowledge Management in Business

Knowledge management has an important role in maintaining business processes successful. If you study you can see that there is a strong link between management strategies, practices and issues of business knowledge management. Knowledge management also affects the different areas of business, including: change management, best management practices analysis risks, most experts in business class and corporate knowledge management into consideration, as the reengineering process. In most research in the recent past business strategies has recognized that information and knowledge are assets of the company, and companies need policies and tools manage these assets.

Need for Knowledge Management

There are many discussions on the question of why an organization needs to manage knowledge. There are many opinions about the methods, ways and goals of the knowledge management systems. The Most often, the need for knowledge management focuses on improving creativity and value creation of new knowledge – while other programs emphasize to exploit existing knowledge.

There is growing awareness that intellectual capital growth is important for organizations and focus on intellectual capital has proliferated around the world, but few companies have been a result of this agreement. When companies take action – and do a growing number – management implementations research "methods can vary based access control technology, and disseminate information to the enormous efforts to change organizational culture.

What is the true knowledge?

Most of the time, information on the conditions and knowledge are often used interchangeably by business writers. Choose a simple definition and move on: Knowledge has two basic definitions of interest. The first refers to a set of information. By definition, the information center may include facts, views, ideas, theories, principles and models (or other frameworks). It is clear that other categories are also possible. Material (eg, chemistry, mathematics, etc) is only a possibility. Also refers to the state of knowledge of a person in relation to certain bodies of information. These states include ignorance, awareness, knowledge, understanding, installing, and so on. In the traditional perception of the role of knowledge in professional organizations, tacit knowledge is often regarded as the real key to progress things and create value. No explicit knowledge. Thus, we often find the emphasis on the organization of "learning" and other approaches that make emphasis on the internalization of information (through experience and action) and the generation of new knowledge managed through interaction.
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What is Information Technology? – Xavier Busquets – ESADE