Question

Why process life cycle is crucial organisation in knowledge management?

Answer 1

Answer:

This research focuses on the processing of knowledge management. The definition of knowledge management emphasizes the processes of knowledge in organizations, such as storing, collecting, structuring, sharing, controlling, creating, disseminating, codifying, using and exploiting. These processes do not have a hierarchical order in the literature of knowledge management. Therefore, the process of knowledge becomes incomprehensible in organizations. In this paper, the process of knowledge in organizations will be evaluated within a new model that is called "knowledge management life cycle". This model consists of five sequential steps, as knowledge creating, sharing, structuring, using and auditing. In the first step, tacit and explicit forms of knowledge are unfolded. In the second step, knowledge is shared in organization through social and technical communication infrastructures. In the third step, knowledge is (re)structured by mapping, storing, and retrieving. In the fourth step, knowledge is used in product, service, and work processes. Finally, in the fifth step, knowledge is audited in order to determine the flow of knowledge throughout the organization and measure the intellectual capital. In sum, a new perspective will be formed to redefine the conceptualization of knowledge management through developing "knowledge management life cycle" model.

Answer 2

Answer:

• Knowledge management is important because it boosts the efficiency of an organization's decision-making ability. In making sure that all employees have access to the overall expertise held within the organization, a smarter workforce is built who are more able to make quick, informed decisions that benefit the company.