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Impact of Knowledge Management in HR practices

Impact of Knowledge Management in HR practices

 

 

 

Introduction

 

            In recent years, Knowledge Management has emerged as one of the prime concerns of human resource Management (HRM) system.  Before understanding the concept of Knowledge Management, We define knowledge, which is known as information, enrichment, practical skill, acquaintance, etc.  In Knowledge Management point to view, knowledge may be defined as actionable wisdom that results facts, information and techniques in a particular field.  In HRM context, Knowledge Management is creation, distribution and utilization of knowledge at the individual group and Organizational level for the benefits of people improved and affected by it.  This paper express Emerging trends in Knowledge Management faced by HR area.

Knowledge Management:-

 

            Knowledge Management is a system by which business strategies is excused and create results.    In Knowledge Management there are three basic elements:

i)                    Knowledge creation

ii)                  Knowledge sharing and

iii)                Knowledge utilization

  Why Knowledge Management is important?

• Limitation of Existing initiatives
• Value of knowledge
• Minimize effort Duplication
• Sharing of Best Practices
• Enhanced Innovation

Need for Knowledge Management

 

1. To generate information for production increases reduction of cost of expenditure, maximizing profit through knowledgeable worker or minds of workers.
2. To improve the natural and human resources through innovative method to reach.
3. To save the Organization from critical capabilities
4. To develop the right source at right timely relevant knowledge
5. To focus the higher quality production and resource allocation
6. To ensure their survival through creation, acquire, maintain, retain and process the new ideas and innovation
7. To share strong cultural behaviours for achieve goals

 

The Top Five Strategies for innovative HR practices

1.             1.   Provide Job Challenges.
2.             2.   Provide an open environment and culture.
3.             3.   Give a competitive compensation.
4.             4.   Clarity of job responsibilities career paths.

            5.   Continuous training and skill up gradation.

Knowledge Management process or steps in Knowledge Management

 

1. Identifying the skill and its developments

2.                  Set human capital management

3.                  Human capital approaches

4.                  Responsive ability (rapid align the competencies)

5.                  Creating a knowing enterprise (applied learning Organization)

6.                  Recognition

  Knowledge Management Programme implementation:-

 

            Knowledge Management is a continuous process.  A Knowledge Management programme has the following elements:-

1. Define Knowledge Management strategy => includes why to share knowledge, what to

                                                                               share, with whom to share, how to share.

1. Organizing Knowledge Management programme=>includes providing budget for knowledge sharing, providing budget for knowledge sharing, choose technology for knowledge sharing, communicating the value of knowledge sharing, adopting methods of knowledge sharing and measuring performance.
2. Reinforcement for Knowledge Management => includes Introducing New incentives and Providing support for knowledge sharing
   1. Create a culture that stimulates knowledge sharing and learning
   2. Ensure that the used needs types of knowledge and system to transfers the knowledge
   3. Knowledge sharing is useful for support Knowledge Management programme
   4. To motivated to be willing to travel and share knowledge with others
   5. Experts must available and help teams to solve tough and unusual problem
   6. Different sharing system for different group of employees
   7. There should be integration of knowledge and organizational practices

Making an effective Knowledge Management  

 

 

 

Role of executives in Knowledge Management

 

1                    Establishing the need for a Knowledge Management initiative

2                    Ensuring a solid business case

3                    Steering for tangible measures

4                    Creating a frame work for Technology support

5                    Cultivating a knowledge sharing culture and

6                    Becoming the face of an internal communications strategy

Conclusion:-

 

            In our minds this is all about creating capacity in the management to get the business goals, which we could not hit without some new way of thinking & innovation.  Hence, the Knowledge Management is nothing but focus on information, form a team for utilizing individual knowledge into structural knowledge, make quick decisions, develop the intellectual capital etc.,  A HRM manager identify the strategy to find out human intellectuate which is possible through 3 phases.  i.e. (i) Preparation phase (ii) Acceptance  phase (iii) Commitment phase, it is nothing but identify the experts & develop their intellectual, for achieving the Organizational goal.

Information+ Experience+ insights + judgment =      “KNOWLEDGE”

“What is greater than knowledge?”

“A heart that can se and care”, whispered the soul.

 

 

 

References:-

(i)     Human resource Management (HRD system) by L.M.Prasad

(ii)  Knowledge Management by Sudhir Warier

(iii) Management of change and Organization development by – S.K.Bhatia

      (Knowledge organization)

(iv) The Executive roles in Knowledge Management by Carla O’ Dell

 

About the Author

Submitter’s (Author) detail

Name : Mr.S.Sundararajan
Designation : Faculty of Management Studies & Research Scholars
Institution : Periyar Institute of Management Studies (PRIMS)
Address : PRIMS, Periyar University, Salem – 11. Tamilnadu.
Pin: 636 011.
Tel.No (Office) : 0427-2345766 Extn.237
Mobile No : 093671 53253
E-mail : rajanmba2003@yahoo.co.in / mahaphd2007@gmail.com

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Discovering Language Arts: Introduction to Fiction and Nonfiction - DVD $29.95 Discovering Language Arts: Introduction to Fiction and Nonfiction. From recognizing familiar genres to determining themes to relating stories to personal experience, young students learn basic skills and strategies for understanding and interpreting literary texts and informational texts through text organizers, summaries, and structural patterns.

Introduction to Physical Science - DVD $44.95 Introduce elementary students to the basic concepts of physics, chemistry, and astronomy with this look at the nature and properties of energy and nonliving matter. Includes four feature segments. Solid, Liquid, and Gas — Reviews the three states of matter and the characteristics of water in each state. Heat and Matter — Explains how matter changes from one state to another and explores the role heat plays in these changes. Thermal and Light Energy — Discusses the visible spectrum and the ways in which heat is transferred from one object to another. Forces and Gravity — Examines gravity and the laws of motion, including their effects on our lives. Grade Level: 3 6 Run Time: 30 minutes

Introduction to AutoCAD 2009 $69.95 This modern book addresses advances in technology and introduces students to 2 dimensional drawing skills and commands using the current release of AutoCAD. It continuously builds on concepts covered in previous chapters, contains exercises combined with in text notes, and offers examples that provide the "how and why" of AutoCAD fundamentals. Projects are included at the end of each chapter and provide hands on experience creating various types of mechanical, architectural, civil and electrical drawings. Engineers. Designers. Anyone interested in learning or involved with AutoCAD. Copyright: 2009 Type: Paperback Book Pages: 944 Author: RICHARD & FITZGERALD

Introduction to Wikis (Training CD) $64.95 Wikis are taking the Internet by storm, increasing collaboration from the corporate boardroom to the university dorm room. Never before has a technology allowed users to take a hands on role in creating and editing volumes of content in real time. VTC author Dawn Dunkerley will guide you through the fundamentals of wiki history, concepts, and technology, helping you to make an informed decision about your wiki needs.

A Concise Introduction to Engineering Graphics (4th edition) with Workbook A $59.95 A Concise Introduction to Engineering Graphics gives students a basic understanding of how to create and read engineering drawings. This book consists of thirteen chapters that cover the basics of engineering graphics. This book also comes bundled with a CD containing a digital version of Technical Graphics, a detailed 522 page introduction to engineering graphics. A Concise Introduction to Engineering Graphics is 222 pages in length and includes 40 exercise sheets. The exercise sheets both challenge the students and allow them to practice the topics covered in the text. Instructors have the choice of two different versions of this book. The text from the chapters are the same, however, the exercise sheets are different in each version. Instructors can switch which version of the book they use each semester to discourage students from sharing old assignments. Table of Contents 1. Sketching Techniques 2. Hand Lettering 3. Multiview Drawing 4. Isometric Drawing 5. Line Types 6. Auxiliary Views 7. Sectional Views 8. Measurement and Scale 9. Dimensioning 10. General Tolerance 11. Geometric Dimensioning and Tolerancing (GD&T) 12. Working Drawings 13. Threads

Discovering Language Arts: Introduction to Style, Structure, and Tone - DVD $29.95 Discovering Language Arts: Introduction to Style, Structure, and Tone. By examining descriptive words and how they convey basic ideas, introduce young students to the stylistic and rhetorical aspects of writing.

Introduction to LightWave 3D Modeling and Special FX $15.95 If you are looking for a good modeling how to guide with a little fun built into it, this video is for you. Introduction to LightWave 3D Modeling and Special FX is more than 5 hours of training from Larry Shultz. If you are familiar with Larry's work or his training, you know he is always showing LightWave 3D artists the easiest way to create. This video is no different. The video starts by showing you how to model a terra bird using splines and traditional techniques. You will learn how to model organic objects quickly and efficiently. Larry moves on to creating pyro fx like volcanos, smoke and lava. This portion of the video will have you making special effects in no time, explaining how textures can effect your renders and more. If you are looking for a good video at a great price, this is it. The video is recorded in LightWave 7.5 but all the techniques work in LightWave 3D 8 and LightWave 3D 9.

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