The chapter mainly comprises of the following
basic definitions related to KBMS.
Data: Raw facts and figures.
Information: Data which has some meaning associated with it.
Knowledge: Understanding of the information which has been given.
Knowledge
Management: Doing what is needed to
get the most out of knowledge resources.
Processes necessary to
generate, capture, organize, and transfer knowledge across the organization to
achieve competitive advantage.
The forces motivating
Knowledge Management are:
- Increasing Domain complexity
- Accelerating market Volatility.
- Intensified speed of
Responsiveness
- Diminishing individual Experience
Information technology
facilitates sharing as well as accelerated growth of knowledge and also allows
the movement of information at increasing speed and efficiency. Knowledge
management mechanisms are organizational or structural means used to promote
knowledge management. Knowledge Management System is the interaction between latest technologies and
social/structural mechanisms. The classifications of KM are:
- Knowledge Discovery System
- Knowledge Capture System
- Knowledge Sharing System
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