Information+ Experience+ insights + judgment = “KNOWLEDGE”
A HRM manager identifies the strategy to find out human intellectuate which is possible through 3 phases. I.e. (i) Preparation phase (ii) Acceptance phase (iii) Commitment phase, it is nothing but identify the experts & develop their intellectual, for achieving the Organizational goal. The reasons for human resource management has got significance are because of the importance of knowledge management. Knowledge Management is creation, distribution and utilization of knowledge. Knowledge Management is nothing but focus on information, form a team for utilizing individual knowledge into structural knowledge, make quick decisions, develop the intellectual capital etc.,
Knowledge Management:-[/b]
Knowledge Management is a system by which business strategies is excused and create results.
Knowledge creation
Knowledge sharing and utilization
Significance of knowledge management:[/b][/b]
Limitation of Existing initiatives
Value of knowledge
Minimize effort Duplication
Sharing of Best Practices
Enhanced Innovation
Need for Knowledge Management
The Top Five Strategies for innovative HR practices[/b][/b]
Provide Job Challenges.
Provide an open environment and culture.
Give a competitive compensation.
Clarity of job responsibilities career paths.
Continuous training and skill up gradation
Knowledge Management process [/b][/b]
Identifying the skill and its developments
Set human capital management
Human capital approaches
Responsive ability (rapid align the competencies)
Creating a knowing enterprise (applied learning Organization)
Recognition
Knowledge Management Programme implementation:-
Knowledge Management is a continuous process. A Knowledge Management programme has the following elements:-
Define Knowledge Management strategy => includes why to share knowledge, what to share, with whom to share, how to share.
Organizing Knowledge Management programme=>includes providing budget for knowledge sharing, providing budget for knowledge sharing, choose technology for knowledge sharing, communicating the value of knowledge sharing, adopting methods of knowledge sharing and measuring performance.
Reinforcement for Knowledge Management => includes Introducing New incentives and providing support for knowledge sharing
Create a culture that stimulates knowledge sharing and learning
Ensure that the used needs types of knowledge and system to transfers the knowledge
Knowledge sharing is useful for support Knowledge Management programme
To motivated to be willing to travel and share knowledge with others
Experts must available and help teams to solve tough and unusual problem
Different sharing system for different group of employees
There should be integration of knowledge and organizational practices
Making an effective Knowledge Management
Role of executives in Knowledge Management[/b][/b]
Establishing the need for a Knowledge Management initiative
Ensuring a solid business case
Steering for tangible measures
Creating a frame work for Technology support
Cultivating a knowledge sharing culture and
Becoming the face of an internal communications strategy
One of the biggest challenges behind knowledge management is the dissemination of knowledge. People with the highest knowledge have the potential for high levels of value creation. But this knowledge can only create value if it's placed in the hands of those who must execute on it. Knowledge is usually difficult to access – it leaves when the knowledge professional resigns.
Knowledge professionals will become the dominant force behind the new economy, not unlike the farmer was once the key player behind the agricultural age. You will invariably find a strong emphasis on knowledge management. Effective knowledge management, using more collective and systematic processes, will also reduce our tendency to ‘repeat the same mistakes’. This is, again, extremely costly and inefficient. Effective knowledge management, therefore, can dramatically improve quality of products and/or services.
Although predicting employee separations is at times challenging, knowledge transfer is vital to sustaining critical business functions. While many employees may continue employment beyond retirement eligibility, these employees will inevitably leave the workforce.Knowledge management is still growing and has now become an integral and unavoidable part of society as a whole. Intranets, data warehouse, group conferencing, etc. forms what can be put simple and straight, i.e. knowledge management. Knowledge management has a scope that keeps increasing with each second passing by. The actual reason for such a vast scope is, because knowledge never ends, but keeps increasing, and modified with new inputs and outcomes in the global market and world as a whole.
Benefits of Knowledge Sharing
An effective knowledge sharing program should help a company do one or more of the following:
Foster innovation by encouraging the free flow of ideas.
Help in understanding markets and customers.
Development of product and services.
Development of vision and strategies.
Building competencies.
Improve customer service by streamlining response time.
Boost revenues by getting products and services to market faster.
Enhance employee retention rates by recognizing the value of employee's knowledge and rewarding them for it.
Streamline operations and reduce costs by eliminating redundant or unnecessary processes.
Achieve higher standards of performance
Introduce new ways of working
Capture knowledge and insights from key people at all levels
Share knowledge about best practices
Avoid errors (and the repetition of errors)
Improve compliance with legislation
Knowledge sharing is human behaviour
Taking into consideration the benefits that we receive through knowledge sharing, a similar culture should develop and exist in each and every organization, thus enhancing the level and degree of organizational culture. Thus developing not the employees within the organization but also developing the entire cluster in the similar region.
A HRM manager identifies the strategy to find out human intellectuate which is possible through 3 phases. I.e. (i) Preparation phase (ii) Acceptance phase (iii) Commitment phase, it is nothing but identify the experts & develop their intellectual, for achieving the Organizational goal. The reasons for human resource management has got significance are because of the importance of knowledge management. Knowledge Management is creation, distribution and utilization of knowledge. Knowledge Management is nothing but focus on information, form a team for utilizing individual knowledge into structural knowledge, make quick decisions, develop the intellectual capital etc.,
Knowledge Management:-[/b]
Knowledge Management is a system by which business strategies is excused and create results.
Knowledge creation
Knowledge sharing and utilization
Significance of knowledge management:[/b][/b]
Limitation of Existing initiatives
Value of knowledge
Minimize effort Duplication
Sharing of Best Practices
Enhanced Innovation
Need for Knowledge Management
The Top Five Strategies for innovative HR practices[/b][/b]
Provide Job Challenges.
Provide an open environment and culture.
Give a competitive compensation.
Clarity of job responsibilities career paths.
Continuous training and skill up gradation
Knowledge Management process [/b][/b]
Identifying the skill and its developments
Set human capital management
Human capital approaches
Responsive ability (rapid align the competencies)
Creating a knowing enterprise (applied learning Organization)
Recognition
Knowledge Management Programme implementation:-
Knowledge Management is a continuous process. A Knowledge Management programme has the following elements:-
Define Knowledge Management strategy => includes why to share knowledge, what to share, with whom to share, how to share.
Organizing Knowledge Management programme=>includes providing budget for knowledge sharing, providing budget for knowledge sharing, choose technology for knowledge sharing, communicating the value of knowledge sharing, adopting methods of knowledge sharing and measuring performance.
Reinforcement for Knowledge Management => includes Introducing New incentives and providing support for knowledge sharing
Create a culture that stimulates knowledge sharing and learning
Ensure that the used needs types of knowledge and system to transfers the knowledge
Knowledge sharing is useful for support Knowledge Management programme
To motivated to be willing to travel and share knowledge with others
Experts must available and help teams to solve tough and unusual problem
Different sharing system for different group of employees
There should be integration of knowledge and organizational practices
Making an effective Knowledge Management
Role of executives in Knowledge Management[/b][/b]
Establishing the need for a Knowledge Management initiative
Ensuring a solid business case
Steering for tangible measures
Creating a frame work for Technology support
Cultivating a knowledge sharing culture and
Becoming the face of an internal communications strategy
One of the biggest challenges behind knowledge management is the dissemination of knowledge. People with the highest knowledge have the potential for high levels of value creation. But this knowledge can only create value if it's placed in the hands of those who must execute on it. Knowledge is usually difficult to access – it leaves when the knowledge professional resigns.
Knowledge professionals will become the dominant force behind the new economy, not unlike the farmer was once the key player behind the agricultural age. You will invariably find a strong emphasis on knowledge management. Effective knowledge management, using more collective and systematic processes, will also reduce our tendency to ‘repeat the same mistakes’. This is, again, extremely costly and inefficient. Effective knowledge management, therefore, can dramatically improve quality of products and/or services.
Although predicting employee separations is at times challenging, knowledge transfer is vital to sustaining critical business functions. While many employees may continue employment beyond retirement eligibility, these employees will inevitably leave the workforce.Knowledge management is still growing and has now become an integral and unavoidable part of society as a whole. Intranets, data warehouse, group conferencing, etc. forms what can be put simple and straight, i.e. knowledge management. Knowledge management has a scope that keeps increasing with each second passing by. The actual reason for such a vast scope is, because knowledge never ends, but keeps increasing, and modified with new inputs and outcomes in the global market and world as a whole.
Benefits of Knowledge Sharing
An effective knowledge sharing program should help a company do one or more of the following:
Foster innovation by encouraging the free flow of ideas.
Help in understanding markets and customers.
Development of product and services.
Development of vision and strategies.
Building competencies.
Improve customer service by streamlining response time.
Boost revenues by getting products and services to market faster.
Enhance employee retention rates by recognizing the value of employee's knowledge and rewarding them for it.
Streamline operations and reduce costs by eliminating redundant or unnecessary processes.
Achieve higher standards of performance
Introduce new ways of working
Capture knowledge and insights from key people at all levels
Share knowledge about best practices
Avoid errors (and the repetition of errors)
Improve compliance with legislation
Knowledge sharing is human behaviour
Taking into consideration the benefits that we receive through knowledge sharing, a similar culture should develop and exist in each and every organization, thus enhancing the level and degree of organizational culture. Thus developing not the employees within the organization but also developing the entire cluster in the similar region.