Knowledge Management (KM) the process of capturing and making use of a firm’s collective expertise Custom Essay

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Knowledge Management (KM) is about the process of capturing and making use of a firm’s collective expertise. For example, it is about businesses using their company’s existing knowledge for competitive advantage. Understanding company processes is also part of the knowledge management approach, for example, knowledge creation, dissemination, upgrade, and application toward organizational survival.
There are three factors involved with Knowledge Management (KM), which are People, Technology, and Organisational Process.
My assignment is to write a 2000 word essay discussing these factors against the following deliverables.
Deliverables:
?Explain what Knowledge Management (KM) is and why organisations should invest in KM.
?What are the Justifications for KM? ( you can use the resource of KM-Chapter3_KM Systems Life Cycle page 68-69)

?What are the key drivers? How are these drivers influenced by the three factors of People (Human thinking and learning), Technology and Organizational Process? (you can use the resource of KM_chapter1 page 13-15, and KM-Chapter2_Understanding Knowledge under the title of Human Thinking and Learning)

?Use one or more diagrams to support your arguments (brain storming, neutral networks etc)

?What are the success / failure criteria or the challenges for KM implementations? (you can use the resource of KM-Chapter3_KM Systems Life Cycle page 60-62)

So, knowledge management can have very positive impacts on organisatons which implement it correctly, however it is not easy to do well.
My essay should use high quality reference sources and evidence driven arguments to discuss the deliverables listed above.

Academic Misconduct:
This is an individual assignment (not group work). Please remember the penalties for plagiarism or colusion are severe, thus you must submit your assignment through Turnitin and it will be checked against all other student assignments submitted. The assignment is to be referenced according to APA 6th.

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