Integrating Strategic Knowledge Management Into Work Practices Vishwanath V Siddhanti
Integrating Strategic Knowledge Management Into Work Practices Vishwanath V Siddhanti
Integrating Strategic Knowledge Management Into Work Practices Vishwanath V Siddhanti
PRACTICES
*Vishwanath V Siddhanti
ABSTRACT
Today the world is changing faster as technological advances enable faster, dynamic
interaction among individuals, groups and nations. People’s lives and daily activities
have transformed by the increasing capacity to learn. On the other hand, the nature of
work has also changed enormously with the shift from an industrial economy to a
knowledge economy. This shift in focus from product (industry) to services (knowledge)
has encouraged greater recognition of the importance of managing the knowledge within
the organization.
This paper tries to review the key elements of strategic knowledge management and
identify the key issues which should be considered when integrating strategic knowledge
management into work practices.
2.2 PEOPLE
People have the knowledge. They are the one who manages the systems and processes.
The commitment of all the people concerned is a must for its overall success. The people
need to be convinced that knowledge management is a valuable strategic move. A sharing
culture which encourages knowledge diffusion can be developed through effective
knowledge hubs and networks.
2.3 PROCESSES
Knowledge management principles need to be put into practice via effective workplace
practices. The alignment of strategy, principles, processes and practices needs to be
carefully managed to ensure that knowledge management principles do not fracture when
implemented. It needs to be recognized that messages about what is important may be
perceived differently across the organization. Employees will consider the rhetoric and
the reality of consequences when determining
2.4 PRODUCTS
Each organization builds its own knowledge outputs or products. These may be provided
to clients, or exist as internally shared knowledge objects. A focus on core knowledge
helps to identify the range of knowledge products which should be cultivated,
encouraging their definition, capture, management and distribution. Sources of embodied
knowledge may need to be identified to encourage their access by others. Explicit
knowledge should be captured and distributed in an efficient and timely manner, so that it
is readily accessible by would be users.
2.5 PERFORMANCE
Knowledge management needs to be regularly reviewed to ensure that the financial and
social investment is positively influencing the intellectual and social capital of the
organization. Any organization must ensure it balances long and short term priorities to
enable effective financial management and development for the future. Most companies
always battle to find the best solution for achieving efficient and cost effective but
innovative approaches to their business challenges. Many businesses recognize that there
are various ways inefficiencies thrive and undermine the effective development of better
processes
3.0 INTERGRATION OF KNOWLEDGE MANAGEMENT IN WORK
PRACTICES
4.0 CONCLUSION
The present paper has attempted to explore a number of factors which influence the
development of a strategic knowledge management system in an organization. At the
ground level it is needed to understand the process of knowledge development and
management to recognize that each stage is influenced by the access to sources of
guidance, and the support to spread knowledge to others. The knowledge workers work
mainly with skills to produce services and knowledge drawn from their personal expertise
and know how. These workers may integrate a range of knowledge processes and rely on
organizational infrastructure for support. How ever systems and services may not always
enhance knowledge management. In order to be effective, they must also ally to a social
capital, in that they are community groups formed by choice because of recognized
communal needs and/or interest. To be successful, knowledge management integrates
five core systems: planning, people, processes, products and performance. Overall the
paper emphasizes the need to develop a strong and cohesive strategic knowledge
framework which encourages collaboration, value adding, and knowledge diffusion
through a range of formal and informal mechanisms.
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