A POWER POINT PRESENTATION ON

KNOWLEDGE MANAGEMENT Presented

by Miss RUPALI UMATE MBA 4th semester

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DATTA MEGHE INSTITUTE OF ENGINEERING TECHNOLOGY

CONTE NTS

What is knowledge ? How is Knowledge Data and Information?

different from knowledge Dimensions Motivations Knowledge Managers

management(KM)

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What is knowledge ?
Knowledge is a familiarity with someone or something, which can include facts, information, descriptions, or skills acquired through experience or education. A simple Definition of knowledge is the ability to make quality decisions on information and data. There are many other definitions for knowledge, for example:
v

Knowledge is the process of knowing. Knowledge is a superior level of information in the value Knowledge is the means by which we create information

chain.
v

and data in a social context.

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How is Knowledge different from Data andThere are many definitions for differentiating data, information and knowledge; one such is given below: Information?
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

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ability to make a business decision based on this

knowledge management(KM) Definition:1. knowledge management comprises a range of strategies and practices used in an organization to identify, create, represent, distribute, and enable adoption of insights (power of seeing into something with the mind)and experiences. 2.According to Ouitas et al.(1997) Knowledge Management is to discover, develop, utilize, deliver and absorb knowledge inside and outside the

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Knowledge management efforts typically focus on organizational objectives such as :1. Improved Performance 2. Competitive Advantage 3. Innovation 4. The Sharing Of Lessons Learned

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:

Making available increased knowledge content in the development and provision of 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 4/21/12
1.

Knowledge Managers "Knowledge manager" is a role and designation that has gained popularity over the past decade. The role has evolved drastically from that of one involving the creation and maintenance of knowledge repositories to one that involves influencing the culture of an organization toward improved knowledge sharing, reuse, learning, collaboration and innovation. Knowledge management functions are associated with different departments in different organizations. It may be combined with Quality, Sales, HR, Innovation, Operations etc. and is likely to be determined by the KM motivation of that particular organization. 4/21/12

Benefits & Issues of knowledge management Some of the advantages for KM systems are:

Sharing of valuable organizational

information throughout organizational hierarchy.

Can avoid re-inventing the wheel, reducing redundant work. May reduce training time for new employees. of Intellectual Property after

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1.

2.

3.

Knowledge Management: -Way to find sustainable competitive advantage. Management appears Knowledge to have the support of most major organisations And how knowledge can be re-used for idea generation. knowledge can be used for decision making.

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