Knowledge Management: A Key Element of Success

Abstract

Knowledge Management is a complex and elusive goal that is becoming more and more important to organizational success. Modeling Knowledge Management in today's organizational environment requires the consideration of not only integrated domains of various knowledge agents but also the realization that in order to construct knowledge (and ultimately intelligence) you must consider the aspect of time variance, data/information value, and knowledge recognition and placement. an individual can not stand fixed in the present and expect the data and information collected in the past to represent the same knowledge when projected into the present. Knowledge (and Knowledge Value) is relative to the position on the historical time line at which it was initially established. the act of collecting data and information is insufficient for knowledge generation. If you apply a time-knowledge model relationship then the value of knowledge will have a different increasing value all along the timeline, thus helping to ensure that today's knowledge is more capable of meeting the needs of the present as well as establishing a stronger foundation for the future. as products increase in complexity and manufacturing is distributed among a multitude of stakeholders, the knowledge of how to maneuver through the maze of system integration and product life cycle dynamics while maintaining a margin of profitability have significant commercial advantages. the need for successful Knowledge Management is essential to maintaining a competitive edge in the business environment. Understanding the relationships between data, knowledge and the intra-related processes which represent the collective knowledge for success can be complex. in the paragraphs that follow, the reader is encouraged to follow the knowledge model that relates the elements of organizational knowledge management as it models data & knowledge, and processes to establish a set of solutions from which one optimum solution emerges to satisfy the initial goal or Program. © 2007 by Leon Long.

Department(s)

Engineering Management and Systems Engineering

International Standard Book Number (ISBN)

978-160560119-9

Document Type

Article - Conference proceedings

Document Version

Citation

File Type

text

Language(s)

English

Rights

© 2024 Curran Assocaites Inc., All rights reserved.

Publication Date

01 Dec 2007

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