StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Information mangment - Essay Example

Cite this document
Summary
Nonaka and Konno (1998) and Nonaka and Takeuchi (1995) discuss a model of knowledge creation and diffusion illustrated below. As such, the paper starts by discussing the importance of knowledge in an organization in order to fully explain the model represented below…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER97.7% of users find it useful
Information mangment
Read Text Preview

Extract of sample "Information mangment"

Download file to see previous pages

According to Nonaka, Krogh and Voelpel (2006), “organizational knowledge creation is the process of making available and amplifying knowledge created by individuals as well as crystallizing and connecting it with an organization’s knowledge system.” Studies have shown that creation of knowledge, retention as well as managing it is very important for the survival of the organization during the contemporary period as we move towards a digital economy (Alavi & Leidner, 2001). One way of generating knowledge in an organization is achieved through the use of learning.

Learning in an organisation is particularly concerned with creating, acquiring and transforming knowledge and transforming this knowledge to improve the overall performance of the employees and the organization as a whole (Andriopoulos & Dawson 2009). Knowledge may be explicit and/or tacit, individual and/or collective. Basically, explicit knowledge refers to details of processes that have been codified and it often acts as a manual to deal with certain queries or problems in the organization while tacit knowledge is knowledge of experience (Polanyi, 1983).

In as far as tacit knowledge is concerned so the person concerned uses his or her experience to deal with a certain problem. As noted above, knowledge is a business asset given that much of organizations’ value mainly depends on their capacity to create and generate knowledge which can be used to transform the operations of the organization during changing period. It is important for an organization to create knowledge and transfer it to other employees since this can help the whole organization.

As illustrated in the model of knowledge creation and diffusion illustrated above, it can be seen that there are various techniques that can be used to transfer knowledge from one person to the other in the organization. According to Nonaka & Takeuchi (1995), knowledge can be transferred through the following strategies in the company: tacit to tacit through socialization, tacit to explicit through a process of externalization, explicit to tacit through a process of internalization as well as explicit to explicit through a process of combination.

Tacit knowledge can be transferred to tacit knowledge through the process of socialization. Basically, socialization is a process that loosely describes the way people in an organization are socialised or interact. Through interaction among employees in an organization, knowledge can be transferred from one person to the other. In this case, it is individual to individual where an experienced employee can impart his or her ideas and experience to the other employee who also can capitalise on this wealth of knowledge in his or her operations.

Explicit to tacit knowledge can also be transferred through a process of internalization in the organization. Internal structures in the organization are created and these are meant to transform knowledge that is codified into actual experience that can help the employees to deal with different situations they may encounter in their operations. This process involves transfer of knowledge from the individual, group as well as organization. This helps to improve the overall performance of the employees as well as the organization a whole.

The other strategy is tacit to explicit

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Information mangment Essay Example | Topics and Well Written Essays - 1000 words”, n.d.)
Information mangment Essay Example | Topics and Well Written Essays - 1000 words. Retrieved from https://studentshare.org/business/1472843-information-mangment
(Information Mangment Essay Example | Topics and Well Written Essays - 1000 Words)
Information Mangment Essay Example | Topics and Well Written Essays - 1000 Words. https://studentshare.org/business/1472843-information-mangment.
“Information Mangment Essay Example | Topics and Well Written Essays - 1000 Words”, n.d. https://studentshare.org/business/1472843-information-mangment.
  • Cited: 1 times

CHECK THESE SAMPLES OF Information mangment

The Information Strategy

Stakeholders include employees, ranging from the heads of the organization to individual contract staff, senior officers and those engaged in corporate planning; administrative and support service staff and managers; and the organisations' external partners, customers and community. … All heads or the department managers should be supported in identifying and understanding the flows of information involving their staff (Gachet, 2004).... At an organisational level usually the IT staffs assists this process by mapping the principal information flows. An understanding and acceptance as to what are their roles and responsibilities 5....
8 Pages (2000 words) Assignment

Information Management

This paper ''information Management'' tells that The National Health Service UK (NHS) is the biggest publicly funded health organization in Europe with the mission of providing good healthcare for all....                                                                                                                                               2                         One of the major information management issues being faced by the NHS is the timely implementation of its National Programmed for IT which is one of the world's largest IT projects....
6 Pages (1500 words) Case Study

Information Management

'information management' is a term that includes all the systems and processes present within an organization for the making and use of corporate information or any kind of information.... information Management is also related to the term information itself.... hellip; Every organization is facing certain problems related to information management and is looking to solve them.... The importance of information management is driven by the factors of competition, improving quality, increasing productivity and new technology. There are basically 10 principles that ensure information Management is done effectively and successfully....
4 Pages (1000 words) Essay

Management Information

This report outlines the new information system (IS) strategy for the Golden Fleece Hotel.... In addition, this report will offer an analysis of the key aspects of information system strategy and how it will increase revenue for the organization.... However, by seeing the potential enhancements in the field of information technology the management of Golden Fleece has decided to implement and incorporate new technology to manage the business operations....
10 Pages (2500 words) Essay

The Use of Management Information Systems within the NHS

It borne in mind; the management information systems entails three resources, which include technology, information, and people.... The emerging technologies… The move towards information management in the health care has enhanced a significant change in health care setting.... As a result, the clinical coding professions and the health In this case, it borne in mind; health informatics includes clinical guidelines, information and communication systems, and the use of computers....
7 Pages (1750 words) Essay

The Horse Gallops co for Information mangment system

The problem facing this company is that there is no means of communication between the different departments in the company as well as a lack of communication between the branches with the… The Horse and Gallops Company is a mortgage and real estate company that deals with the buying and development of land in the Saudi Arabia....
12 Pages (3000 words) Case Study

The Concept of Information management in Adobe Systems

The tools and services that it provides allows customers to make ground-breaking digital contents, measure and optimize it over time, attain greater business success… information management in the organization has involved collection of information from different activities that the company is engorged and distribution the information obtained to the relevant departments and managers so that the right Management of information in the organization has involved both electronic and physical information....
7 Pages (1750 words) Coursework

Impact of Mobile Computing in Information Management

information management is a crucial part in the performance of any organization.... information is viewed as an asset in the current times as it helps organizations… Mobile computing is done using small size portable computers and other small wearable devices through wireless networks by nomadic and obile users (Goswami, 2013).... he purpose of the report is to evaluate the impact of mobile computing in information management and also the importance of information management in the modern world....
6 Pages (1500 words) Coursework
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us