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What will be the post effect of Knowledge Management System In the Organization?What will be the merit n demerits
From India, Bangalore
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Knowledge Management ('KM') comprises a range of practices used by organizations to identify, create, represent, and distribute knowledge
KM is a tool to achieve business objectives faster and better - through an integrated set of initiatives, systems and behavioral interventions - to promote smooth flow and sharing of knowledge relevant to the business and to eliminate reinvention.
A effectively deployed KM can be a powerful enabler of:
* Consistent customer experience by reducing variation in performance across business units or across time.
* Speed in business results by eliminating reinvention.
* Converting individual knowledge into reusable organizational knowledge.
* Empowering each employee to leverage the collective knowledge of the entire organization to service customers.
In short KM will
·deploy resources (processes, systems, people & technology) to discover, capture, validate, share & reuse knowledge, measure business benefits and recognize & reward knowledge centric culture
·capture & build a knowledge base comprising explicit, tacit and dynamic knowledge
·specialists will run projects/initiatives to identify areas for improvement, seek & share best practices, garner innovative solutions
·would help people correlate their contribution with end-customers satisfaction and overall business sustenance
Objective Of KM (Create ,Capture & Communicate)
·System :Creation and maintenance of Organization wide Knowledge Management Infrastructure
·Speed :Reduce information search time with increased effectiveness
·Quality :Take variation in performance as source of improvement
·Customers :Ensure consistent customer experience across all touch points using knowledge of customer interfacing staff
·Efficiency :Reduce tendencies of reinvention across organization
Business Benefits
·Reduces Cost - Replication is 70% cost effective.
·Higher sharing leading to quick learning of workforce which will yield higher employee productivity.
·Reduce search time & accuracy of decisions will lead to capital productivity
·Reduced customer pain areas will result in positive brand image

In case of any more clarification you can contact me at


Regards

Vinod

From India, Mumbai
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