knowlege managment ppt

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    APOWER POINTPRESENTATION

    ON

    Presented byMiss RUPALI UMATE

    MBA 4th semester

    KNOWLEDGEMANAGEMENT

    DATTA MEGHE INSTITUTE OFENGINEERING TECHNOLOGY

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    CONTENTS

    What is knowledge ?

    How is Knowledge

    different from

    Data and Information?

    knowledge

    management (KM)

    Dimensions

    Motivations

    Knowledge Managers

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    What is knowledge ?

    Knowledge is a familiarity with someone orsomething, which can include facts, information,descriptions, or skills acquired through experience oreducation.

    A simple Definition of knowledge is the ability to make

    quality decisions on information and data.

    There are many other definitions for knowledge, forexample:

    vKnowledge is the process of knowing.

    vKnowledge is a superior level of information in the value

    chain.

    vKnowledge is the means by which we create information

    and data in a social context.

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    How is Knowledgedifferent from Data andInformation?

    There are many definitions for differentiating data,information and knowledge; one such is given below:

    Data = attributes, events, transactions.

    Information = data which is organized to convey

    meaning to many people.

    Knowledge = data and information which is

    organized to convey experience in a reusable fashion.

    Wisdom:-The quality of being wise.

    For example- The reporting of daily oil

    production volumes may be classified as data.

    Summarizing these data into a production decline

    curve produces information. Knowledge is the

    ability to make a business decision based on this

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    knowledgemanagement (KM

    )

    Definition:-

    1. knowledge management comprises arange of strategies and practices used in

    an organization to identify, create,represent, distribute, and enableadoption of insights (power of seeinginto something with the mind)andexperiences.

    2.According to Ouitas et al.(1997)Knowledge Management is todiscover, develop, utilize, deliver and

    absorb knowledge inside and outside the

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    Knowledge management effortstypically focus onorganizational objectives such as :-

    1. Improved Performance2. Competitive Advantage

    3. Innovation4. The Sharing Of Lessons Learned

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    Dimensio

    ns

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    A number of claims exist as to the motivations leading organizations to

    undertake a KM effort. Typical considerations driving a KM effort include:

    1. Making available increased knowledge content inthe development and provisionof products and services.

    2. Achieving shorter new product development cycles.3. Facilitating and managing innovation and

    organizational learning.4. Increasing network connectivity between internal

    and external individuals.5. Managing business environments and allowing

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    KnowledgeManagers

    "Knowledge manager" is a role and designation that has

    gained popularity over the past decade. The role has evolveddrastically from that of one involving the creation andmaintenance of knowledge repositories to one that involvesinfluencing the culture of an organization toward improvedknowledge sharing, reuse, learning, collaboration and

    innovation.Knowledge management functions are associated with

    different departments in different organizations. It may becombined with Quality, Sales, HR, Innovation, Operationsetc. and is likely to be determined by the KM motivation of

    that particular organization.

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    Some of the advantages for KM systemsare:

    Sharing of valuable organizational

    information throughout organizational

    hierarchy.

    Can avoid re-inventing the wheel,

    reducing redundant work.

    May reduce training time for new

    employees.

    Retention of Intellectual Property after

    Benefits & Issues of knowledge

    management

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    1. Knowledge Management: -Wayto find sustainable competitiveadvantage.2. Knowledge Management appearsto have the support of most majororganisations And how knowledgecan be re-used for idea generation.

    3. knowledge can be used fordecision making.

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