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Knowledge Mng Report

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Knowledge Management
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Many companies fail to understand how to align the Knowledge Management strategies with Knowledge Processes within an organization. An alignment between organization’s objectives and Knowledge Management should be established in order to fully utilize its knowledge resources and develop competitive strategy.
As we know, Knowledge Management is the procedure, tools and techniques to gather, integrate and distribute knowledge. It includes processes involving management of knowledge creation, acquisition, storage, organization, distribution, sharing and application. To align Knowledge Management with business strategy means that it should influence each other and be aligned with each other. This includes data mining, artificial intelligence, data warehouse, and document management. Companies need to understand that there are major patterns of the Knowledge Lifecycle and that these cannot support a Business Strategy until they are aligned with each other.
Knowledge strategy is aligning organizational knowledge to a defined business strategy. This approach considers Knowledge Management as processes that improves creation, sharing, and market control of knowledge assets and essential skills. Many Knowledge Management approaches focus on combined groupware tools for knowledge sharing and teamwork, and knowledge gateways to organize huge amounts of data and filter the correct information and access to company information.
Although companies routinely expect employees to learn knowledge through secondhand learning (cross training), either by reading or observing, it doesn’t always happen this way. As it is stated in this article, “The idea: Watch what other people do, make copies of the good things and dispose of the bad things, and we are good to go.” A company cannot assume that a

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