Knowledge Managemen

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    Presented byGroup-V

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    Organisation is nothing but people collecting,integrating and using knowledge

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    Ever Increasing MarketFirms Confronted with worldwidecompetitionInnovation & Collaborations are hottestrudiments of Business.Intellectual Capital and innovations are

    emerging as key growth engines of BusinessThere is a balance between Organizationallearning and organizational Growth

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    The new source of wealth is knowledge, and not labor,land, or financial capital. It is the intangible, intellectualassets that must be managed.

    The key challenge of the knowledge-based economy isto foster innovation

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    The Basic Economic Resources the means ofproduction is no longer Capital, nor naturalresources, nor labour. It is and will be knowledge Peter Drucker

    Shift from Physical asset Oriented to Intellectual assetoriented economy. Values have to be derived fromintellectual capital

    Continuous learning should be an integral part oforganisation.Knowledge & Expertise of the organisation andIndividuals should be seen as Critical Resources.

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    Knowledge is information combined with experience,context, interpretation and reflection. It is high valueform of information that is ready to apply to decisionsand actionsKnowledge is Justified true belief

    Knowledge is experience. Every thing else is justinformation Albert Einstein

    The wise see Knowledge & action as one The Bhagavad Gita

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    Competency Management

    Knowledge Sharing

    Competitive Knowledge Management

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    Where are we going? What are we here for?People need awareness of the whole: in what directionis the organization going?

    To have a goal to reach in the future can provide greatincentive for a KM initiative.Effective leveraging lies within an organizationscapacity for rethinking and recreating. Scenariothinking can help us to see the blind spots, and help tocreate the future we want.

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    DataInformation

    Knowledge

    Expertise

    Codifiable, explicit Easily transferable

    Individual, judgmental

    Contextual, tacit

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    Explicit Knowledge / Enterprise KnowledgeFormal and systematicEasily communicated and shared

    Recordable, articulately, transmittableE.g.: product Specification, ComputerProgramme, Process sheets, methods ofworking, Engineering Drawing etc.

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    Learning faster with KMLearning faster to stay competitiveKM software and technological infrastructuresallow for global access to an organizationsknowledge, at a keystroke

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    Ensure right knowledge to right persons at right time

    and in right formatLeverage existing Knowledge and potential of ITMake knowledge sharing a dominant cultureGain Competitive Advantage

    Acquire Manage DisseminateIdentify

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    The efficiency of a firm depends on how fast it bridges thegap between what it knows and what it needs to know

    K n o w

    l e d g e

    G a p

    C h a n g e

    Time

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    KM

    1. Sharing existing knowledgeKnowing what you know

    2. Knowledge for Innovation Creating and Converting

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    Not to reinvent the wheel : solution exists/known somewhere in the organizationLearn from past mistakes ours or othersKnowledge resource depletion, Reduction,migration & brain-drainInnovate & lead change in the business

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    Thank you for your patience