Knowledge Management Foundations of IT Systems - Essay Example

In addition, this process engages bringing jointly fundamentally enhanced business procedures, technology solutions and shared e-commerce to carry-out step for change developments in operational productivity and customer service (The Knowledge Management Forum, 1996) and (Levinson, 2011). Moreover, knowledge management offers suggestions to solve various serious issues of corporate adaptation, continued existence and capability against fundamental discontinuous environmental transformation. Fundamentally, it exemplifies an organizational procedure that looks for synergistic arrangement of data and information processing capability of information technologies, and the inspired and inventive capability of human beings.

However, knowledge management is more and more concerned with the practical implementation as it is not in the theoretical description though in real world implementation wherein lie the maximum opportunities and challenges. Thus, all the scenarios regarding knowledge management must be understood inside the precise context of predictable performance outcomes and value propositions that respond the issues (Brint, 2011) and (Knowledge Management Gateway, 2011). Why Knowledge Management? Knowledge management is a wide-ranging task and fundamental component of corporate activities.

Perhaps at the present organizations are interested in developing their personal business knowledge management competencies, to develop into a more efficient player in the worldwide knowledge financial system, or turning into a more viable knowledge leader and knowledge ambitious organization (Knowledge Management Online, 2011). Additionally, at the present knowledge management is implemented across the globe, in all the types and industry regions, private and public organizations and humanitarian institutions as well as international charities.

In this scenario, efficient knowledge management is recognized to be a very critical way of new knowledge and novel ‘ideas' to the modernism procedure, to new inventive products, services and solutions. However, knowledge management, as a way, must help organization attain organizational goals, or still go beyond their aims and objectives. In addition, the idea of knowledge management is not to immediately turn into a more knowledgeable organization, however to be capable to produce, shift and implement knowledge with the purpose of attaining objectives (Knowledge Management Online, 2011).

Implementing Knowledge Management System An organization that is interest in implementing KM system they must immediately take some of or all of the below given steps of efficient knowledge management. Additionally, these steps are outlined as separate steps, as well as sequentially, however they ultimately require to be measured as inter-related mechanisms, as fraction of a holistic technique to knowledge management. In this scenario, one initial step is to rapidly assess organization or team’s directions as well as willingness for knowledge management.

I have outline below some important steps of KM technology application for any corporation. Thus an organization must follow these steps for successful completion and achievement of the project: (Knowledge Management Online, 2011) Free KM Assessment Survey Knowledge Management Education Knowledge Management Consulting Knowledge Management Roles and Responsibilities Knowledge Management Processes, Methods and Tools Knowledge Competencies Knowledge Networks Knowledge