Knowledge
management (KM)
comprises a range of strategies and practices used in an organization to
identify, create, represent, distribute, and enable adoption of insights and experiences. Such insights and experiences comprise knowledge, either embodied in individuals or embedded in
organizations as processes or practices.
An established discipline since
1991 (see Nonaka 1991), KM includes
courses taught in the fields of business administration, information systems,
management, and library and information sciences (Alavi & Leidner 1999). More recently, other fields have
started contributing to KM research; these include information and media, computer science, public health, and public
policy.
Many large companies and non-profit
organizations have resources dedicated to internal KM efforts, often as a part
of their business strategy,
information technology, or human resource management
departments (Addicott, McGivern & Ferlie 2006). Several consulting
companies also exist that provide strategy and advice regarding KM to these
organizations.
Knowledge management efforts typically focus
on organizational objectives such as improved performance, competitive advantage,
innovation, the sharing of lessons learned, integration and continuous improvement of
the organization. KM efforts overlap with organizational learning,
and may be distinguished from that by a greater focus on the management of
knowledge as a strategic asset and a focus on encouraging the sharing of
knowledge.
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