Knowledge and Information
Introduction
According to Webb (1998, 110-15), information is the electromotive force for knowledge. Knowledge is actionable information that nooky be apply across the entire organisation. The more knowledge an organisation possesses, the more it can reduce uncertainties. Davenport and Prusak (1997, 99-102), refers knowledge as fluid fuse of framed experience, values, contextual information, expert insight and grounded intuition that provides an environment and framework for evaluating and incorporating new experiences and information? In organisations, knowledge is infix not only in documents or repositories but in like manner in organisational routines, processes, practices and norms. Therefore to gain competitive advantage, workers must be knowledge driven by appreciating the power of knowledge and supplement on that knowledge capital.
Knowledge steering is not astir(predicate) building computerised systems of human capital but it is around the planning and go throughation of activities designed to continuously identify, acquire, apply, share, develop, create, preserve and stair organisation knowledge assets. Knowledge management is about unify organisation knowledge. It is about developing the value of knowledge from date to time. It is the ultimate resource that can be applied to implement organisation strategy as well as to reach our strategic focus.
(Rampersad, 2002, 33-40) The central activity of knowledge management is about moving organisation knowledge capital so that it can be used to improve productivity.
Knowledge management practices involve activities such as knowledge- denomination, knowledge-acquisition, knowledge-application, knowledge-sharing, knowledge-development, knowledge-creation, and knowledge-preservation and knowledge measurement. Knowledge identification is the process of identifying the be knowledge in a troupe and also the required knowledge a company should have. to a greater extent often, a company does not even realise the existing knowledge in the company. Valuable knowledge might go unnoticed and unused. The usage of technology helps to access vast abridge along of information, but the process of identifying which and where to get relevant knowledge...
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