Information Constipation

Written by Myrtis Smith


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Summary: People who have been putting off pursuing their dreams of starting a business may be suffering from Information Constipation.

============================================================= Information Constipation

If you've been inrepparttar 106509 process of starting a business (or thinking about starting a business) for more than 6 months, but you haven't made any progress, you may be suffering from Information Constipation.

Information Constipation is a dreadful disease that strikes over analytical people, procrastinators, andrepparttar 106510 fearful. People have so much information that they are paralyzed and unable to act. The condition is generally marked by an elongated period called "research". Some people refer to this period as "getting ready", "information gathering", or

The Practice of Knowledge Management

Written by JT Frank Management Centre


Knowledge management is not about technology. It is about culture. To put it intorepparttar right perspective,the practice of knowledge management will driverepparttar 106508 organisation to develop a strong culture of competency and innovation. Such enterprise-wide culture will enablerepparttar 106509 organisation to achieve sustainable superior performance. In other words, by strategically capitalising on both tacit and explicit knowledge, an organisation can secure and maintain a competitive advantage atrepparttar 106510 market place. Information communication technology (ICT) is an enabler to facilitaterepparttar 106511 practice of knowledge management.

For an organisation to successfully transform itself into a knowledge enterprise, it must leverage onrepparttar 106512 eight key focus of knowledge management. The eight key focus are K-identification, K-acquisition, K-application, K-sharing, K-creation, K-development, K-preservation and K-measurement. These eight key focus will provide a systematic approach to introducerepparttar 106513 practice of knowledge management.

A structured knowledge identification exercise or knowledge needs analysis (KNA) exercise must be conducted to establishrepparttar 106514 knowledge gaps and deficiencies of an organisation. For businesses to function atrepparttar 106515 speed of light, organisations need to identifyrepparttar 106516 current and specialised knowledge required to implement its competitive strategies. By comparingrepparttar 106517 required knowledge with existing knowledge capital,repparttar 106518 knowledge gap can then be defined. The largerrepparttar 106519 knowledge gap or deficiency,repparttar 106520 greater arerepparttar 106521 obstacles to achieverepparttar 106522 desired goals of an enterprise.

A positive environment must be created to induce intense knowledge acquisition. Knowledge acquisition is to source for current and specialised knowledge to closerepparttar 106523 knowledge gap of a particular organisation. Knowledge can be derived withinrepparttar 106524 organisation, from existing employees, communities of practices (COPs) and communities of innovative networks (COINs). Knowledge can also be imported from outsiderepparttar 106525 organisation, namely from customers, suppliers and even specialists fromrepparttar 106526 various areas of businesses and expertise. Knowledge can also be attained from K-products, such as reading materials, recorded CD-ROMs, on-line learning, and throughrepparttar 106527 World Wide Web. K-tools like learning history will assist an organisation to learn fromrepparttar 106528 past, innovate onrepparttar 106529 future for today's consumption. Key emphasise must be placed on real time acquisition, with short cycle application.

Armed with critical, current and specialised knowledge,repparttar 106530 next focus is to pursue an obsession in knowledge application. K-application will also induce spiral skills development, where professionals are able to gauge their level of expertise through continuous contribution torepparttar 106531 organisation. Most importantly, knowledge gained must be immediately applied.

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