Knowledge management approach Essay Example | Topics and Well Written Essays - 2500 words

Knowledge counseling approach - Essay ExampleKnowledge management implies any(prenominal) figureivity regarding the capture and the diffusion of fellowship within the organization. A key component of KM is to provide access to stored hold outledge components in order to remedy decision-making and facilitate knowledge acquisition by the user. The present essay is an attempt to introduce this innovative capital of in advance(p) organisations in a simple and manifest style. In the essay, the writer first, tries to distinguish the related concepts in the area of knowledge such as entropy, information etc, which are often misunderstood (used interchangeably with) as knowledge. In addition, an attempt is made to introduce the two approaches to knowledge management that capture and utilize knowledge. The essay prepared to examine the different of these two approaches. Specifically, it attempts to tell the definition of these approaches and portrays both advantages and disadvantage s of these two approaches. Finally, rather most importantly the report demonstrates how to apply theoretical concepts of knowledge management to NASAs JPL case study.One of the essentials of an effective knowledge management system is that the system must be able to distinguish knowledge from data and information so that information overload can be reduced/eliminated and its efficiency can be improved. An efficient knowledge management system accepts only those data that are relevant, timely, reliable and accurate. In the words of Liew (2002) data means the collection of facts or events and it is comprised of the basic, unrefined and unfiltered information, which are mostly useless. But, information is more refined data that is useful and meaningful for an analysis and decision making. In contrast, knowledge resides in the human brain and it happens when human experience is applied to data and information, therefore, knowledge is internalized which absorbed and understood by the hum an mind. In the modern business context, knowledge management can have a lot to perform to attain a competitive edge and thereby create valuate to the organisation. Knowledge managementThere are many interpretations as to what exactly knowledge management is all about. The definition put forward by Quintas P., Lefrere P. and Jones is value notable in this context. They define knowledge management as a continuously process of managing knowledge in order to ensure that knowledge is obtainable when and where needed and can be acquired both from external sources and internal sources (Quintas et al, 1997). It is worthwhile here to mention the definition developed by NASA for knowledge management. NASA defines knowledge management as getting the right information to the right people at the right time and helping people create knowledge and share and act upon information in ways that will measurably improve the performance of an organization and its partners (NASA, 2009). The procedures by which the objectives of KM can be accomplished include the following(a)As far as possible, everyone connected with knowledge management system should disclose what he/she knows and thereby facilitates knowledge sharing and its reuse. This will allow others to know when and where knowledge is available. Knowledge is made available at the time of decision making and it is the duty of the concerned personnel in an organisation that knowledge is