Knowledge Management is now one of the major driving forces of organizational change and wealth creation. In its simplest form Knowledge Management is about encouraging people to share knowledge and ideas to create value-adding products and services in order to enhance the organization’s competitiveness.
There are many definitions of Knowledge Management. Among them few definitions have been mentioned below.
Some definitions of knowledge management (Source: Templeton & Snyder 1997)
KM definition from my perspective
Knowledge Management is a systematic process of creating, organizing, disseminating, embedding knowledge and developing an organization to make the best use of its individual and collective knowledge with the goal of enhancing the organization’s competitiveness.
References:
Gary Templeton and Charles Snyder, Retrieved February 20, 2008, from:http://www.dfki.uni-kl.de/~aabecker/Freiburg/Final/ Templeton/ ontpaper. html
1 comment:
I am really impressed by the definition of knowledge management given by you. The term "best use of its individual and collective knowledge" really reflects the moral of the story. But I would still like to see the practical examples of this definition with respect to an organisation.
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