Thursday, 14 January 2010

Defining Knowledge management

It is really interesting to know that there is no standard definition of this concept and everyone has their own school of thoughts. The concept in itself is so much diversified that it might be improper to define it as a term. What I understand as a layman is "Knowledge management is strategy or technique used by the higer management to bring out the experience and expertise of the employees using different methods to make a right decision on a right time in a cost-effective way to meet the goals of the organisation." I am sure I still need to do a lots of research but this was the first thought came into my mind after attending single lecture. Knowledge management not only helps to bring out the solution to the problems but also bring the feeling of ownership among employees toward company they are working for. It motivates them which lead to their work effeciency and results into company effeciency. It will be more interesting to understand the investement -return ratio from the management point of view i.e what upto level the organisation effeciency increase after implementation of this strategy.

4 comments:

  1. Interesting work. You've brought another dimension to KM by saying it is a higher management technique.. Does it mean small organization which don't have a management structure cannot use KM?

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  2. Hi suraj,
    nice work......keep it up........
    but pls change the background of the blog pls.........its just not comfortable to read whit fonts on dark black background.....

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  3. Hello peeps! :)

    A very interesting retrospective here. How about if you combine your thoughts with those already in the school thoughts. Does it formulate anything else new?..

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  4. Hey guys,

    Thanks for all the comments. As far as my views are concerned I believe every organisation depending irrespective of their size does have a management structure but ofcourse structure can be different. They do practice Knowledge management , no doubt in that but all my stand is if everyone in an organisation is knowledge worker then who are the one responsible for managing knowledge and making a right use of it in the right context. Somebody ( team) must decide what to get, where to get and how to get? Do let me know your views on the same and Gagan thanks for your comment on background.

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