June 07 2016
- Title:
- Notes of Knowledge Management in Theory and Practice
- Rating:
KM for Individuals, Communities, and Organizations
Knowledge management provides benefits to individual employees, to communities of practice, and to the organization itself. This three-tiered view of KM helps emphasize why KM is important today (see Figure 1-6).
For the individual, KM:
■ Helps people do their jobs and save time through better decision making and problem solving.
■ Builds a sense of community bonds within the organization.
■ Helps people to keep up to date.
■ Provides challenges and opportunities to contribute.
For the community of practice, KM:
■ Develops professional skills.
■ Promotes peer-to-peer mentoring.
■ Facilitates more effective networking and collaboration.
■ Develops a professional code of ethics that members can follow.
■ Develops a common language.
For the organization, KM:
■ Helps drive strategy.
■ Solves problems quickly.
■ Diffuses best practices.
■ Improves knowledge embedded in products and services.
■ Cross-fertilizes ideas and increases opportunities for innovation.
■ Enables organizations to stay ahead of the competition better.
■ Builds organizational memory.
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