'Knowledge Management' is Big and Now. The wide coverage of 'KM' in
management literature could easily give you
impression that it is a 'big business' issue requiring expensive, technology-based solutions. In truth, knowledge management is a new name for an old challenge facing businesses large and small.So what is 'Knowledge Management' and what are its implications for people in smaller businesses?
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To understand 'knowledge', we need first to define its off-sider, 'information'. Information, simply put, is anything that has been documented. Books, manuals,
world wide web, databases, software help files - all these contain information. Information is tangible, but it requires conscious effort to access it.
Knowledge, by contrast, is information that has been embedded in our minds and which can be drawn on virtually instantly. Knowledge gives us
capacity to act - without reference to external information.
Lets look at gardening as an example.
There is limitless information out there designed to make green-thumbs of us. But 'knowing' how to be a good gardener cannot come from a book. It comes from a combination of hands-on experience, information and drawing on
knowledge of others.
Diagnosing
problem with
sick plant in
back corner can be a bit like negotiating a maze. Information gives us lots of potential paths to follow, and may get us there in
end, but we will encounter a number of dead-ends along
way. Knowledge gives us
ability to ignore
false paths and take
shortest route to
answer.