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Understanding Knowledge Management Systems

Aug 22, 2024

Knowledge Management Lecture Notes

Introduction

  • Importance of knowledge management illustrated through the story of Bob, an employee with valuable knowledge about the organization’s systems.
  • Bob’s retirement highlighted the lack of recorded enterprise knowledge.
  • Need for a proper knowledge management system (KMS).

What is Knowledge Management?

  • Definition: Process of identifying, organizing, storing, and disseminating information within an organization.
  • Benefits:
    • Creates organizational memory.
    • Aids operational efficiencies.
    • Increases collaboration.
    • Identifies skill gaps.

Types of Knowledge

  1. Tacit Knowledge:

    • Acquired through experience and intuitively understood (e.g., leadership skills).
    • Difficult to codify and write down.
  2. Implicit Knowledge:

    • Know-how knowledge that is not recorded yet (e.g., Bob’s knowledge).
    • Can usually be codified with the right tools and processes.
  3. Explicit Knowledge:

    • Information captured in documents (e.g., manuals, reports, guides).
    • Found in databases, white papers, and case studies.

Goals of Knowledge Management

  • Make valuable enterprise knowledge accessible when needed.
  • Implement a system for capturing, storing, and disseminating information.

Stages of Knowledge Management

  1. Knowledge Creation:

    • Identify and document existing or new knowledge.
  2. Knowledge Storage:

    • Use IT systems to host organizational knowledge for distribution.
    • Information must be formatted to meet repository requirements.
  3. Knowledge Sharing:

    • Communicate processes to share knowledge across the organization.

Knowledge Management Tools

  • Content Management System (CMS):

    • Manages web content; allows users to edit and publish.
    • Can be hosted publicly or on an intranet for internal use.
  • Document Management System (DMS):

    • Centralized storage for digital documents (e.g., PDFs, images).
    • Suitable for storing how-to guides or lessons learned documents.
  • Data Warehouse:

    • Aggregates data from various sources into a central data store.
    • Supports data analysis, data mining, AI, and machine learning.

Benefits of Knowledge Management

  • Identification of Skill Gaps:

    • Highlight gaps in competencies when documenting knowledge.
    • Useful for training plans and hiring decisions.
  • Data Security:

    • Customize permissions and control document security.
    • Ensure information is shared appropriately.
  • Operational Efficiencies:

    • Faster decision-making and improved productivity.
    • Easier onboarding of new employees.
    • Support for customer self-service portals.

Conclusion

  • Importance of a KMS to avoid loss of institutional knowledge.
  • Encouragement to share thoughts on tech topics for future content.