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Knowledge Management Myths

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Title: Knowledge Management Myths


1
Retraining of Library Information Scientists
as Knowledge Officers Dr.H.Anil Kumar,
Librarian Nirma Institute of Management Ahmedabad
382481 E-mail nim_at_ad1.vsnl.net.in ITT
2000 Information Today and Tomorrow Media
Convergence and Knowledge Management
2
INNOVATION LIFE CYLCE
Bio economy
Knowledge economy
Information economy
Postindustrial or data economy
1945
1970
1995
2020
2045
Innovation Life Cycle Curves Applied to the 100
year Economy 1945-2045
Years Quarters Name 1945-70 Q1 Data
Economy 1970-995 Q2 Inf. Economy 1995-2020 Q3 K
Economy 2020-2045 Q4 Bio-economy And beyond Q1
of Bio-Economy
Botkin Smart Business
3
DATA-INFORMATION-KNOWLEDGE

wisdom
knowledge
information
data
The Ladder of Understanding
4
DATA-INFORMATION-KNOWLEDGE
  • Car Excellent This An Is.
  • This is an excellent car.
  • What makes it excellent.

5
DATA
  • A set of discrete, objective facts about events.
  • Structured records of transactions
  • Finance, accounting, and marketing
  • Banks, insurance companies, utilities, govt.
    agencies
  • No inherent meaning, describes partly, provides
    no judgement or interpretation
  • Raw material for decision making but does not
    tell you what to do
  • Measured Quantitatively cost, speed, and
    capacity
  • Qualitatively timeliness, relevance and clarity

6
INFORMATION
  • Data endowed with relevance and purpose
  • Data that makes the difference
  • Is a message, usually in form of a document, or
    an audible or visible communication
  • Data to information
  • Contextualised
  • Categorised
  • Calculated
  • Corrected
  • Condensed

Measured Quantitatively connectivity and
transactions Qualitatively informativeness and
usefulness
7
KNOWLEDGE
  • Knowledge is a fluid mix of framed experiences,
    values, contextual information, and expert
    insight that provides a framework for evaluating
    and incorporating new experiences and
    information.
  • It originates and is applied in the minds of the
    knowers.
  • In organisations, it often becomes embedded not
    only in documents or repositories but also in
    organisational routines, processes, practices,
    and norms.

8
KNOWLEDGE
  • Information to Knowledge
  • Comparison
  • Consequences
  • Connections
  • Conversation
  • Within and between humans.
  • Data in records or transactions, information in
    messages,
  • knowledge from individuals or organisational
    routines.
  • Knowledge is delivered through structured media
    and
  • person-to-person contacts (conversations to
    apprenticeships)

9
Knowledge as a business asset
  • Changing global economy
  • New products/services/practices
  • Pricing pressures
  • Reduced cycle time for producing new products
  • Quality, value, service, innovation, and speed
  • Outsourcing manufacturing and focusing on
    knowledge-based activities of developing products
    and processes
  • Product and service convergence

10
Sustainable Competitive Advantage
  • Material and processes
  • Economically important skills
  • Today one cannot prevent copying or improving on
    new products or production methods
  • Technology is no longer a SCA (Ex. ATM)
  • Availability
  • Short new product life cycles
  • Trend to obsolete own products before competition
    does

11
Sustainable Competitive Advantage
  • Unlike material assets Knowledge assets increase
    with use
  • Knowledge generates new knowledge
  • Knowledge stays with the giver while it enriches
    the receiver
  • Competitors can match the quality and price but
    by that time the knowledge rich and knowledge
    managing company will move to new level of
    quality, creativity or efficiency.

12
Knowledge Conversion
Clearly Articulated, Rationality, Sequential
EXPLICIT
COMBINATION
EXTERNALISATION
TACIT
EXPLICIT
SOCIALISATION
INTERNALISATION
TACIT
Clearly Understood, Experience, Simultaneous
Interactions
13
The Framework
1. Plan
Culture
Infrastructure
Value Proposition
2. Design
4. Scale-up
3. Implement
Measures
Technology
14
Knowledge Management Myths
  • Knowledge is a companys only and the most
  • important resource
  • There is a perfect solution to KM.
  • K can be perfectly codified and its sharing
    institutionalized
  • KM is all about technology
  • All of organizations K grows monotonically
  • K is owned by one or two groups in the
    organisation

15
LI Professionals
CKO
KM Specialist
LI Professionals
  • Organizational Knowledge Worker

16
Organizational KW
  • Add value directly to the customer
  • Contribute to the K generation, that is directly
    relevant to the business/main activity of the
    organization
  • Identify, capture, storage, organization, sharing
    and application of organizational K
  • Ex Educational Institutions
  • Faculty roles
  • Administration (academic/general)
  • HR/Training
  • Publishing
  • Public Relations
  • IT implementation

17
KM Specialist
  • Knowledge Manager
  • Development of KM systems
  • Coordination
  • Maintenance
  • Monitoring
  • Knowledge Management Team member
  • Identification
  • Selection
  • Filtering
  • Storage
  • Organization
  • IT
  • Sharing
  • Feedback

18
CKO in Library
  • Design KM system
  • Develop infrastructure
  • Form KM team
  • Design Roles and Functions
  • Promote the concept of collective K and learning
  • Develop HR systems focused on K sharing
  • Initiatives
  • Lessons learned
  • Best Practices/Standardization
  • PKM
  • Awards/Rewards for K sharing
  • Appraisal with emphasis on K sharing

19
KM Literature on Librarians
  • The Knowledge Management Fieldbook by W.R.
    Bukowitz and R.L. Williams
  • converting librarians as cyberians
  • critical link between databases and individuals
    trying to get something out of them
  • Powerful search engines are not match for
    detecting nuances and filtering the essential
    from the merely interesting
  • Ex Heller Financial

20
Librarians as cyberians
Collect information on current activities of
corporate information specialists. Convene a team
of information specialists to perform a gap
analysis identify areas where these
professionals can help members maximize their
information environments. Create a pilot
programme in which information specialists work
more closely with a team or community,
implementing some of the activities identified in
the gap analysis. Bukowitz Williams
21
Librarians as K facilitators
  • Working Knowledge How organizations manage
    what they know by T.H. Davenport and L. Prusak
  • most intriguing new knowledge jobs knowledge
    integrators, librarians, synthesizers, editors
    and reporters
  • organizations need people who will extract
    knowledge from those who have it, put it in
    structured form, and maintain or refine it over
    time
  • Ernst Youngs Center for Business Knowledge
  • Owens-Corning Knowledge Resource Center

22
Training Inputs
  • Project Management.
  • Entrepreneurship/Intrapreneurship for librarians.
  • Internet applications and technology.
  • Information technology and applications.
  • Knowledge Management Sensitization.
  • Information Technology for Knowledge Management.
  • Personal development, motivation, creativity and
    innovation.
  • Presentation (oral and written) skills.
  • Leadership and interpersonal skills.
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