Principles of knowledge management

Principles of KM

1. Principles of knowledge Management By: Saurabh Kaushik Dept. LIS Roll No- 6553

2. Management Management is the process of reaching organizational goals by working with and through people and other organizational resources. It is an art or process of getting of getting things done through the effort of other people. It is an art of creating and maintenance of an internal environment in an enterprise where individual working in the group can perform efficiently and effectively towards the attainment of the goals. It is the process of setting and achieving goal through execution of five basic management functions(planning, organizing, staffing, directing, directing and controlling).

3. Characteristics of Management It is an activity or a process. Management refers to both the discipline as well as group which manages the group. It makes things happen. It is purposeful. It uses available resources economically to maximize outputs. Objectives are accomplished by with and through the efforts of other. It implies using certain skills, knowledge and practice to bring effectiveness. It is aided and not replaced by the computer. It is intangible.

4. Functions of Management Planning Organizing Staffing Directing Controlling Reporting Budgeting

5. Knowledge Management It is the systematic management of an organizational knowledge assets for the purpose of creating value and meeting tactical and strategic requirements. It consist of initiatives, processes, strategies and system that sustains and enhance the storage, assessment, sharing, refinement and creation of knowledge. It is the discipline of enabling indivisual, teams and entire organization to collectively and systematically create, share and apply knowledge to better achieve their objectives. KM comprises a range of practices used by organization to identify create, represent and distribute knowledge.

6. Principles of Knowledge Management Knowledge is a Valuable Asset Knowledge management is based on the idea that knowledge is an asset that should be managed. Knowledge is Stored in the Central Repository This principle makes it clear that everything goes into one central repository. Knowledge repository should allow teams and users to create their own knowledge spaces. Knowledge is Retained Knowledge is retained according to organizational retention policies.

7. Continued… Knowledge is Q uality Controlled Set the expectation that knowledge is quality controlled. Knowledge is Sustained A sustainable approach to knowledge management. for example, minimizing the resources used by knowledge repositories. Knowledge is decentralized Most knowledge management responsibilities lie with those teams closest to the knowledge. It's a bad idea to centralize all knowledge management system.

8. Continued… Knowledge is Shared primary goal of knowledge management is to facilitate the sharing of knowledge . Knowledge is Accessible Knowledge is more valuable when it's accessible to a wide audience. Privacy and confidentiality prevent most organizations from sharing all knowledge . Knowledge is Secured Knowledge is your most valuable information.

9. C ontinued… Knowledge is Searchable Search is a critical tool for knowledge discovery. Executive management may choose to make search a priority Work Produces Knowledge Set the expectation that every program, project, process and initiative is expected to generate knowledge. In some organizations, every meeting is expected to generate knowledge. Knowledge is Measured Require teams to measure their knowledge management processes and knowledge assets.

10. Continued… Knowledge is Improved Knowledge that isn't improved quickly loses it's value. Knowledge management is a process of continual improvement. Knowledge is Social Knowledge that sits on a shelf has no value. The value of knowledge depends on communication and socialization. The creation, assessment, improvement and use of knowledge is largely a social process.

11. Thank you