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Essay / Research Paper Abstract
This 7 page paper looks at the concept and practice of knowledge management discusses what it is and how it can take place and then looks at an example of knowledge management adding value to a firm through the implementation of an ERP system. The bibliography cites 7 sources.
Page Count:
7 pages (~225 words per page)
File: TS14_TEknowcase.rtf
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Unformatted sample text from the term paper:
it is defined as "the state or fact of knowing" (Dictionary.com, 2005), this indicates the need for understanding the relevant and context of information so that it is a useful
format. Many texts which are now used by business strategists focus on the use of knowledge management and it is these texts that give us the clue to how and
why knowledge managing is becoming more important. Levinson (2005) is keen to point out that information alone is not knowledge not all information will have value, the kept to
knowledge management is to use information and intellectual resources, such as intellectual capital in order to create knowledge that can then be used.
R. Gregory Wenig takes a similar approach and both Wenig and Levinson are in agreement that be of value the knowledge need to be developed into a form
there it is able to add value to an organisation, in effect become wisdom. Wenig looks at how knowledge is gained and then used (KMF, 1996). Knowledge it is argued
is gained from experience as well as the collection of information, the experience may be the companies own experience, or that of others (KMF, 1996). Thomas Bertels also states that
this needs to be a constant renewal to make user knowledge is accurate and up to date and circumstances change and as such so does the relevant valuable knowledge (KMF,
1996) Wenig makes the link between the need to learn and the way knowledge is created, from this we can see the link
to organisational learning and also looks to the way in which technology can be facilitator but it is nit a necessary ingredient for knowledge creation (KMF, 1996). However, the
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