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Thursday, June 19, 2014

Knowledge Management - A Step Forward


Knowledge Management - A Step Forward
Introduction
It has been extensively identified that knowledge is an important aspect for an economy to develop. We are seeing a lot of transformation rapidly happening in our society. Every day we are seeing that we are becoming more and more dependent on knowledge. If this is the case with our societies, the scenario is not much different for organizations. Nowadays, if top management is asked to underline a single resource which is most critical for their organization to achieve and sustain competitive advantage, most of them will be selecting - “Knowledge”. With such an importance to knowledge, managing it has become a serious concern for organizations. An organization which can built excellent process to manage knowledge, certainly will have a competitive edge over its competitors.
Agreeing on the existing concentration by organizations and the character of extreme competition, a critical activity taken up by them is knowledge management.
Knowledge Activities
Knowledge management (KM) cannot be achieved with a single definite activity. It involves an assortment of activities. These are usually referred to be knowledge activities. The utilization of the knowledge activities at the resources connected to knowledge which is limited and assisted through an extensive choice of aspects will result in KM.
Research studies do indicate a number of knowledge activities which are important. Some of them are as below:
  • Knowledge Acquisition
  • Knowledge Utilization
  • Knowledge Selection
  • Knowledge Transfer
  • Knowledge Creation
  • Knowledge Internalization
Research studies indicate that knowledge transfer deserves the most careful attention among these activities so that the organizations can manage knowledge successfully.
Knowledge Transfer
The conveying of knowledge from one member to another member of organization involves knowledge transfer. Though this is a simplified definition, knowledge transfer itself is a complex process. First of it has to be noted that the knowledge conveyed is correct and also it should reach the proper member of the organization. In addition, the timing and form of the knowledge which is conveyed should also be accurate. Above all these aspects, the expense of this conveyance should be within acceptable limit. When all these are achieved, the knowledge transfer can be termed as successful. So as to garner profits of knowledge management, it is critical that knowledge transfer has to be done successfully.
In the existing phase where technologies are rapidly developing to share information, organizations are giving more emphasize to knowledge transfer. In addition to this, it must be noted that the created knowledge will help to attain improved performance for an organization when the transfer process takes place. There is no use in keeping the knowledge at the originating location. It has to be passed to the location where it can be exploited to the advantage of organization. Such an exploitation generates value for the organization, which in turn, bring to it the required competitive advantage. So, it is essential that an organization has to put firm foundation for the process targeted at achieving knowledge transfer.

What is Knowledge Management?

What is Knowledge Management?
Knowledge management is the systematic capture of insights and experiences to enable an organization to identify, create, represent, and distribute knowledge. The insights and the experiences of individuals in the organization comprise the knowledge that is created in the organization and is embedded in the form of practices and processes.
Knowledge Management is an organizational function that concerns itself with the capture, storage, and dissemination of the knowledge that is inherent in the organization by using software or a Procession tool to capture, store, and disseminate knowledge. The objective of knowledge management is to enhance organizational competitiveness, improve performance, the sharing of lessons learnt, and the continuous improvement of the organizational processes. Typically, organizations have well-established tools and software to capture, store, and disseminate the learning’s that accrue because of the organizational processes.
The Practice of Knowledge Management
Companies like 3M, Pfizer, and Infosys are thought to the world leaders in KM. This is because they have a clear set of guidelines for capturing knowledge after every project or product that they rolled out. For instance, these companies have guidelines for project managers to publish the learning’s that have accrued after a project and upload them into the KM system. Further, the bottom line imperative for a successful KM system is that employees should have a sharing mindset instead of an exclusivity mindset. What this means is that the employees must be willing to share their insight and knowledge with the other employees.
Apart from this, to actualize a successful KM system, hierarchy and barriers to sharing of knowledge must be eliminated. What this means is that a culture of openness must pervade the organization with no impediments to the flow of knowledge through the organizational arteries.
Strategies for Knowledge Management
As discussed above, many organizations consider KM integral to their core processes. Indeed, KM has become so widely prevalent in organizational discourse that it is rare to find a large organization without a KM system in place. Further, the existence of a KM system has become necessary for organizations to achieve the SEI-CMM certification. Moreover, there is recognition that a KM system is necessary in order not to “reinvent the wheel”. What this means is that learning’s can be used to avoid duplication of work, and eliminate redundancies in the organizational processes. Apart from this, a KM system improves organizational communication and loosens up the rigid walls between different functions in the organization. Finally, a KM system is needed to ensure that past mistakes form the stepping-stones for future success.
Closing Thoughts
As Francis Bacon said, Knowledge is Power. Hence, the sharing of knowledge is integral to an organizations’ success and this is the rationale and driving force behind having a well functioning KM system. In conclusion, this article has set the context for the subsequent exploration into the various dimensions and aspects of KM across the world and the resultant increase in competitiveness and strategic advantage.

Dimensions and Strategies of Knowledge Management

Dimensions of Knowledge Management
There are several dimensions to Knowledge Management (KM) and the most popular framework distinguishes between “tacit” knowledge and “explicit” knowledge. Tacit knowledge refers to the internalized knowledge that individuals in an organization possess and where he or she might not be aware that they have the knowledge about how they accomplish particular tasks. On the other hand, explicit knowledge is the knowledge that individuals in organizations know that they have and are conscious of it.
The crucial element in any Knowledge Management system is to ensure that tacit knowledge is captured and converted to explicit knowledge. Moreover, it has been hypothesized that even explicit knowledge needs to be converted into information that is meaningful and useful. After all, mere data is not useful and only when data is transformed into information and codified as knowledge is it useful.
Strategies of Knowledge Management
There are different strategies to capture knowledge and they include the “push” and the “pull” strategies. First, it must be made clear that knowledge can be captured before, during, and after the processes actualize. Hence, there need to be incentives for employees to contribute to the knowledge base. The push strategy focuses on making employees contribute to the Knowledge Management system in a proactive manner wherein individuals strive to contribute to the Knowledge Management system and the knowledge base without any prodding or persuasion. This approach is also known as the codification approach to Knowledge Management.
Another strategy is the pull strategy wherein individuals who need knowledge make explicit requests to those who possess knowledge. In this case, the experts are called upon request and hence the knowledge seeker pulls the information rather than the expert pushing the information. This approach is known as the personalization approach to Knowledge Management.
Motivations for Knowledge Management
There are several motivations that drive organizations to implement Knowledge Management systems. As discussed in the introductory article, the need to have a Knowledge Management system has become mandatory for certifications as well as to have sources of competitive advantage. The most compelling motivation for having a Knowledge Management system is that organizations do not have to reinvent the wheel and subsequent iterations of the same process can be done in a more efficient and productive manner. Indeed, the reuse of knowledge leads to synergies between the different processes and helps in solving intractable problems.
Apart from these imperatives, Knowledge Management helps organizations to manage the organizational arteries better as increased exchanges of information between different individuals’ results in greater connectivity and more network effects. In other words, Knowledge Management systems help in managing innovation and organizational learning. This is a direct and beneficial effect of Knowledge Management and one, which is driving more and more companies to have working and efficient Knowledge Management systems.
Closing Thoughts
It is no longer the case that having a Knowledge Management system is a luxury or an afterthought. Indeed, the business landscape is now characterized by companies that leverage human capital and knowledge capital and hence, a Knowledge Management system is necessary for any large organization. In conclusion, this article has discussed the dimensions, strategies, and motivations that drive a Knowledge Management system in organizations and subsequent articles would explore some of these aspects in detail.

Knowledge Transfer - Meaning, Barriers and its Characteristics

Introduction
Organizations indulge nowadays in alliances, collaborations and partnerships. All this require transfer of knowledge, especially, knowledge related to strategies, technologies and best practices to improve the network cooperation. Research studies attempt to obtain inferences from these transfer processes so as to understand more about the characteristics of knowledge transfer.

Barriers to Knowledge Transfer
To understand more about knowledge transfer, it is essential to know about the barriers to transferring best practices in an organization. There is a need to develop a model for the process in which knowledge is transferred, and the obstacles in the different stages of the process can be studied. The critical hurdles to knowledge transfer are as below:
  • Receiver of the knowledge has shortage of absorptive capacity
  • Characteristics of the knowledge being handed over
  • Rapport between informers and receivers

Characteristics of Knowledge Transfer
The speed with which the transfer of knowledge takes place is also important since it has to reach the recipient at the correct time and within acceptable cost. Knowledge received late and at an extra cost will not bring any benefit to the organization. It seems that the speed of the knowledge transfer will depend on the tacit nature of the knowledge. The tacit nature of the knowledge is fundamentally dependent upon two factors:
  • First of all, the knowledge has to be modifiable.
  • Secondly, it should be teachable.
If these are possible, the transfer of knowledge will take place speedily.
It is also seen that the communication and the frequency of discussions between knowledge source and recipient are important factors of knowledge transfer. In addition, the type of knowledge transferred is also significant. The knowledge can be related to business, project or technology. The recipient has to be capable enough in the respective field to have the knowledge successfully imparted.
Knowledge Stickiness
Consider an instance of building a new system. Knowledge transfer can be visualized as consisting of a source which can be a system user and a receiver who is the system builder. The difficulty faced in the process of knowledge transfer is called knowledge stickiness. A methodical and concentrated inspection of the aspects which result in stickiness while systems are built, will be useful to handle the issues that come up as a result of shortage of needed knowledge transfer among the user and the builder. The level of stickiness during the knowledge transfer process depends on the following factors:
  • The character of knowledge
  • The features of sources and receivers
  • The character of the association grown between sources and receivers
While knowledge transfer is taking place, the above three aspects, scheme together for triggering stickiness. It is important to handle stickiness carefully to enhance the process of knowledge transfer.

The Rise of the Knowledge Worker

Who is a Knowledge Worker?
A knowledge worker is one who uses knowledge as the capital for work and who uses brain power rather than brawn power to get the job done. In other words, knowledge workers “think for a living”. A knowledge worker is also one who uses creative thinking, out of the box problem solving, and does no-routine and non-standardized work. In other words, the knowledge workers tasks keep changing with time and unlike the worker on a shop floor, a knowledge worker does not perform the same task repeatedly continuously. Knowledge workers are also known to have greater involvement with the big picture unlike the traditional workers who feel alienated from the larger organizational goals because they are just cogs in the machine.
The Rise of the Knowledge Economy
The rise of the knowledge worker has been helped by the rise of the knowledge economy or the sector that comprises of Information Technology, Business Process Outsourcing, Financial Services, and other forms of work that deal with knowledge as the basis of work. Even doctors, lawyers, and other fields use knowledge as the basis of their occupations; the knowledge economy usually does not include these sectors.

With globalization and the opening up of the global economy, there has been a concomitant rise in the services sector. Along with this, the knowledge economy has also been helped by the decline in manufacturing in the West and the increase in the contribution of the services sector to the Gross Domestic Product of most countries. Indeed, in many countries (including India but not China), the services sector contributes more than half to the economic output in the country.
Managing Knowledge Workers
There are significant differences in the management of traditional workers and knowledge workers. First, the knowledge workers are less inclined to be hierarchical and hence, they prefer openness and a flat organizational structure. Second, they have relatively more control over their work than traditional workers do as they have more control over the processes that define their work. Third, they have higher salaries and hence are prone to lead consumerist lifestyles as opposed to the workers in manufacturing or other sectors. Fourth, they are also prone to burnout and stress related ailments, as the pressure to deliver and perform is more on them. Finally, they change jobs more frequently than other workers do and it has been shown that whereas the previous generation worked all their lives in one or two companies, knowledge workers are likely to hop several jobs during their careers.
These aspects make the management of knowledge workers a specialized function and hence, in many services sector companies, the Human Resource Function is staffed by those professionals who have had previous experience in managing knowledge workers.
Closing Thoughts
The transition from agrarian or manufacturing or a combination of both economy to knowledge economy has been the defining economic event of the last few decades. While this transition has not been without hiccups, it can be said that the rise of the knowledge worker has resulted in a churning in the economies of the West where they are celebrated for their innovation and inventiveness. There have been large scale socioeconomic and political changes as well that accompanied the rise of the knowledge worker.

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