Knowledgement Management Research Paper Example | Topics and Well Written Essays - 500 words

Knowledgement Management - Research Paper Example 1). The meaning of the term knowledge was qualified by Baker, Baker, Thorne, & Dutnell (1997), â€Å"knowledge is present in ideas, judgments, talents, root causes, relationships, perspectives and concepts. Knowledge can be related to customers, products, processes, culture, skills, experiences and know-how† (cited in Kalpic & Bernus, 2006, p. 44). KM is therefore important to the success of the organization because through the collective shared efforts of various stakeholders, the potentials and resources of the organizations are maximized. Core competencies and strengths are capitalized to enable the organization to address risks, threats and changes in external environmental factors that would impinge on the firm’s operations. Accordingly, not only are the organizational objectives achieved; but more so, the relevant contribution of the organization’s stakeholders are thereby percieved as instrumental for the firm’s success and therefore, make each cont ributor better motivated to share their inputs towards a greater good. As noted from Kalpic & Bernus’ (2006) discourse, â€Å"Rouggles (1998), for example, found that the four most common KM projects conducted by organizations were creating/implementing an intranet, knowledge repositories, decision support tools, or groupware to support collaboration† (p. 49). The creation and implementation of an intranet is deemed crucial for organizations to access and connect volumes and diverse information through different departments and functions within the organization. This is an example of KM due to the interplay of inputs, processes and systems that need to be identified, analyzed and connected, as required. Decision-support tools are also examples of KM programs were organizational policies and procedures identify and authorize authorities to decide on significant aspects, alternatives, and options that each personnel, department, or group makes on a daily basis. The design and implementation of