Knwledge Management Conocophillips

While Knowledge Management (KM) is important in any business however, there is no real agreed upon definition. KM is a concept that includes the

Knowledge Management can make a significant difference between ongoing or successful ventures of any organization in a world of accelerating change. Knowledge Management provides the ability to connect and cooperate complex ideas efficiently and can be beneficial even to expand when using strategic alliances. To make Knowledge Management work in an

The problem for this dissertation study test the challenges associated with creating, capturing and sharing knowledge. Doda (2017) describes this method as knowledge management. This method uses a critical goal of improving learning and performance in an organizational framework. Knowledge management as theory and a model was improved by Dalkir in 2005 (Atieh & Somayeh, 2017).

A report has been written describing the knowledge management systems and reviewed based on various aspects which was used to determine whether or not the system considered could be used for managing knowledge. It was through researching journals, articles and other reliable sources from the internet this review was written which led to me finding out more on the topic of knowledge management which has considerably increased my understanding of the topic

In the mid-1990’s, owing to the already widely used internet and the shiftsin business environments, reuse of knowledge has become one of companiescompetitive advantage, because having learned from the past, they are minimizing the chance of committing the same mistakes twice or learned what could have done to maximize benefits. Knowledge management has become an important function for success. As a result KM has

ix) and as “highly respected” (Easterby-Smith and Lyles, 2003, p. 11).For many it was considered to be the main trigger to shift focus on the value of knowledge management. The concept has been interpreted by multiple analysts and practitioners and there is no limitation to describe it. Knowledge management in the present globalization world has carried to broaden aspects; it can be applied based on the status of particular place, time as well as field. The knowledge management book by Awad and Ghaziri (2001), considers the knowledge management notion as a new integrative disciplinary business model that accepts knowledge within the structure of a firm as its focal point.

Organisational learning can be seen as the goal of knowledge management and may be obtained by good knowledge management strategies and processes. By motivating the creation, dissemination and application of knowledge, KM initiatives pay off by helping the organization embed knowledge into organisational processes so that it can continuously improve its practices and behaviours and pursue the achievement of its goals.

Knowledge Management, as a control, must bring about better attaining, or actually surpassing, your destinations. The motivation behind information administration should not be to simply ended up more educated, however to have the capacity to make, exchange and apply learning with the reason for better accomplishing targets.

Call, D. (2005). Knowledge management - not rocket science. Journal of Knowledge Management. (April) p.19-30. [Online]. Available from: http://www.emeraldinsight.com.ezproxy.staffs.ac.uk/doi/abs/10.1108/13673270510590191 [Accessed: 20 November 2016].

Knowledge can be viewed and approached in different ways. Personal, social, artefact, framework are some of the approaches of knowledge management. In today’s world the ability to manage knowledge is very crucial, more so in organisations where proper knowledge management can lead to growth and profits (King, 2009).

Knowledge management was defined as the turning of information into actionable knowledge which can be accessed by people who can apply it. Robbins (2003) gives a time perspective in his definition of knowledge management. He mentions as part of knowledge management the distribution of the right information to the right people at the right time. Lytras et al (2002) gives a definition of knowledge management which emphasises the purpose of knowledge management. In the definition creation of new capabilities, enablement for superior performance, encouraging innovation and enhancement of customer value were mentioned. For the purpose of this study the researcher summarised knowledge management as the intentional process of coordinating people, technology and systems to optimise creation and sharing of intellectual

Knowledge as Power: Since the emergence of knowledge based economy, one’s power has been considered in association with his/her possession of knowledge (Heizman, 2011; Mudambi&Navarra, 2004). Knowledge and power are intrinsically related. This is because knowledge creates space for the exercise of power; the exercise of power, in return, makes the control of knowledge possible (Foucault, 1980).Such relationship constitutes the knowledge-as-power argument, which implies that keeping knowledge circumscribed confers power. It is considered to be a major focus area in knowledge and learning industry in the fast growing competitive world. Knowledge Management Development and sharing helps the organization to develop group dynamics and group activity

Knowledge management can be very essential to people in leadership positions that is required to make executive decisions on behalf of a company or organization. However, it is necessary for individuals holding such position to have a thorough understanding of the knowledge management process. Therefore, this paper discusses the best practices for creating and implementing a knowledge management project and discuss measurements, metrics and potential resources for data exists and how each are incorporated into the design of a system.

It has been argued that within the short space of time between defining knowledge management and it becoming a common phrase, many organisations stated one of their main aims as ‘leveraging organisational knowledge’ (Ruggles, 1998). It is with this in mind that organisations must be aware of their knowledge workers, the information they hold and any potential knowledge based changes that may need to be implemented to help their success, or even, survival.

A technologic approach to Knowledge Management has a much higher initial cost, is inherently more scalable, and can handle a much greater transaction volume than an unassisted knowledge worker. Technology in support of Knowledge Management isn’t necessary or even optimal in every instance. Technologies supportive of Knowledge Management can be applied successfully to organizations of any size; extensive investments in technology are generally practical only in medium-size to large companies. Perhaps the most significant way technology enables the KM process is that it can provide virtual meeting space for communities of practice.