Business Definition Knowledge Management
Knowledge management is the process of creating sharing using and managing the knowledge and information of an organization.
Business definition knowledge management. The insights and the experiences of individuals in the organization comprise the knowledge that is created in the organization and is embedded in the form of practices and processes. A knowledge management system is made up of different software modules served by a central user interface. A knowledge management system kms is a system for applying and using knowledge management principles. It consists of the initiatives processes strategies and systems that sustain and enhance the storage assessment sharing refinement and creation of knowledge.
It refers to a multidisciplinary approach to achieve organisational objectives by making the best use of knowledge. Definition of knowledge management. Define business process oriented knowledge management. Other fields may contribute to km research including information and media compu.
The organization capture use and analysis of the impact of a group s collective knowledge. Strategies and processes designed to identify capture structure value leverage and share an organization s intellectual assets to enhance its performance and competitiveness. Knowledge management introduction knowledge is an important aspect for any economy to develop. Bpokm shall mean concretely.
With such an importance to knowledge managing it has become a serious concern for organizations. In the business world the definition of knowledge management also includes the maintenance of a knowledge base or portal where specific knowledge related to the company is housed. Basically one can find promising integration poss ibilities on three levels. These include data driven objectives around business productivity a competitive business model business intelligence analysis and more.
Knowledge management implies the effective governance of organization s acquired and generated knowledge relating to technical know how insights experiences strategies and tactics. Knowledge management is the process of capturing distributing and effectively using knowledge km refers to a set of techniques used to capture share and use the information available in order to achieve business objectives and to aid in business decision making based on business analytics. Knowledge management is the systematic capture of insights and experiences to enable an organization to identify create represent and distribute knowledge.