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Chapter 8: Sustainable Knowledge Management - Coggle Diagram
Chapter 8: Sustainable Knowledge Management
Issues in KMS
Lack of resources
TIme consuming
Financial constraint
Technological advancement
Organizational culture
Human barriers
Advantages of KMS
Those who forget the past are condemned to repeat it
A bridge is needed across the atlantic
Tacit knowledge is mobile
Knowledge application requires 'water-cooler' and 'coffee machine'
Knowledge integration is the engine of economic prosperity
Unpredictable markets necessitate 'organized abandoment'
KM lets you lead the change so that change does not lead you
Cross-industry amalgamation is breeding complexity
Barriers in coping with KM
KM is expensive
Expense of the technology
Expense of implementing corporate culture
Revitalizing employees reward structure
Seen before raise
Skepticism among upper management
Incompatible combination on technology and people
Sharing knowledge: the new way of thinking
Knowledge markets not hierarchies
Organizational politics come into play when knowledge exists is used and is exchanged
Advantages of KM on Knowledge society
Job opportunity
Skills transfer
Knowledge sharing
KM in public sector
No system support
Lack of manpower
Financial constraint
The Information Age
K-Economy
Knowledge will not kill conversational industries but diversify them
In the K-Economy we buy sell congealed (solid) knowledge" a lot of intellectual content in a physical slipcase (the cost of computer chip is incurred on R & D) **'
The success of K-Economy depends on new skills and new kinds of organizations and management
K-Company
Making business out of knowledge
Services industry
More companies invest in information technology
The danger of information