Knowledge Management

Knowledge organisations refer either to groups of persons or to management systems which focus on the creation, development, utilization and sharing of knowledge tools and strategies in order to realize the goals of the organization. In order to achieve such targets and objectives, knowledge organisations outline the growth and development of the company by recording previous knowledge and boosting its application in the present and finally, but exploring new ways for this knowledge to adapt and contribute to the future advantage of the organization.

Knowledge organisations are fundamentally based on the interplay of knowledge workers and knowledge work. The development of such knowledge systems have become especially crucial in the business organizations of today where business competencies and productivity no longer depends on what it owns but rather on how much it knows and how much knowledge it can share. The expansion of knowledge organisations allows traditional organizational hierarchies to coexist with modern knowledge management concepts. Through positive knowledge organization practices, organizational hierarchies become less rigid and more flexible enough to freely allow the growth of the intellectual capital of an organization but at the same time, decision making is limited to those who have control of the organization.

Unlike other organizations or management systems, knowledge organisations are intensely focused and managed by the individuals inside the organization. It makes it possible for the persons who have access to the relevant knowledge to help transform work systems and the working environment and it contributes to their increased empowerment. Effective knowledge organisations should consequently result in the accumulation of a collective intelligence that would be shared by all members of the organizations. Empowerment based on a collective intelligence is highly important in a knowledge economy, which depends not only on the gathering of knowledge or information but more importantly on the utilization of knowledge in better organizational practices that would keep the organization abreast or even at an advantage in a fast-paced knowledge market. In other words, an organization becomes more intelligent when it allows and encourages the exchange and sharing of information, resulting in positive growth and brighter prospects for the future.

In knowledge organisations, the knowledge workers generate and collect content such as objects, data, information, technical knowledge and earlier best practices in order to identify knowledge objectives. Knowledge objectives are afterwards recorded, organized and studied in order to determine the feasibility of its application within the organization. Once the knowledge objectives and the accompanying information are validated, the proper sharing tools such as printed publications or knowledge sharing software are used to enable all members of the organization to acquire, share and apply the same working knowledge or to facilitate sharing and interaction with other similarly oriented organizations. Knowledge organisations also make it easier for individuals to integrate knowledge from various and diverse sources and create hybrid techniques in order to realize the goals and objectives of the organization. Knowledge organisations depend greatly not only on developing individual learning but more importantly on creating a learning culture and a shared understanding that is very important for an organization to adapt and survive in a constantly changing world.

Knowledge Management |