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Summary Management Information System Chapter 11: Managing Knowledge

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Summary of Management Information System Chapter 11 : Managing Knowledge

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  • Chapter 11
  • January 6, 2019
  • 6
  • 2017/2018
  • Summary
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CHAPTER 11 – MANAGING
KNOWLEDGE
WHAT IS THE ROLE OF KNOWLEDGE MANAGEMENT SYSTEMS IN
BUSINESS?

 Important Dimensions of Knowledge
- Knowledge is a frm asset
- Knowledge has diferent forms
- Knowledge has a location
- Knowledge is situational
 The Knowledge Management Value Chain
o Knowledge Acquisition - Organizations acquire knowledge in a
number of ways, depending on the type of knowledge they seek.
Seeks to build corporate repositories of documents, reports,
presentations, and best practices.
o Knowledge Storage - Once they are discovered, documents,
patterns, and expert rules must be stored so they can be retrieved
and used by employees. Knowledge storage generally involves the
creation of a database.
o Knowledge Dissemination - Portals, e-mail, instant messaging, wikis,
social business tools, and search engines technology have added to
an existing array of collaboration tools for sharing calendars,
documents, data, and graphics.
o Knowledge Application - Knowledge that is not shared and applied to
the practical problems facing frms and managers does not add
business value. Ultimately, new knowledge must be built into a
frm’s business processes and key application systems.
o Building Organizational and Management Capital - managers can
help by
developing new organizational roles and responsibilities.
 Communities of practice (COPs) are informal social networks
of professionals and employees within and outside the frm who
have similar work-related activities and interests. The activities
of these communities include self-education and group
education, conferences, online newsletters, and day-to-day
sharing of experiences and techniques to solve specifc work
problems.



WHAT TYPES OF SYSTEMS ARE USED FOR ENTERPRISE-WIDE
KNOWLEDGE MANAGEMENT AND HOW DO THEY PROVIDE VALUE
FOR BUSINESSES?

,  Types of Systems
1. Enterprise Content Management Systems
- Classifying, organizing, and managing structured (formal
documents) and semistructured (email, graphics, memos)
knowledge and making it available throughout the enterprise.
- They have capabilities for knowledge capture, storage, retrieval,
distribution, and preservation to help frms improve their
business processes and decisions.
- Major enterprise content management systems also enable users
to access external sources of information, such as news feeds
and research, and to communicate via e-mail, chat/instant
messaging, discussion groups, and videoconferencing.
- A key problem in managing knowledge is the creation of an
appropriate classifcation scheme, or taxonomy, to organize
information into meaningful categories so that it can be easily
accessed.
- Once the categories for classifying knowledge have been
created, each knowledge object needs to be “tagged,” or
classifed, so that it can be easily retrieved.
- Enterprise content management systems have capabilities for
tagging, interfacing with corporate databases and content
repositories, and creating enterprise knowledge portals that
provide a single point of access to information resources.
2. Locating and Sharing Experience
- Contemporary enterprise content management systems, along
with the systems for collaboration and social business have
capabilities for locating experts and tapping their knowledge.
- These include online directories of corporate experts and their
profles, with details about their job experience, projects,
publications, and educational degrees, and repositories of expert-
generated content.
- Specialized search tools make it easier for employees to fnd the
appropriate expert in a company.
- For knowledge resources outside the frm, social networking and
social business tools enable users to bookmark Web pages of
interest, tag these book- marks with keywords, and share the
tags and Web page links with other people.

3. Learning Management Systems
- Provides tools for the management, delivery, tracking, and
assessment of various types of employee learning and training.
- Consolidates mixed-media training (CD-ROM, downloadable
videos, Web-based classes, live instruction in classes or online,


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