Unformatted text preview: • Knowledge is now the driving force of the U.S. economy and eventually the world Data is simple observations that are easily captured and transferred. Information is data endowed with relevance and purpose, meanwhile knowledge is caluable information from the human mind The Knowledge Person • Knowledge management includes the creation, protection and exploitation of inventions, formulas, software, patents, etc. • But the knowledge person is the more valuable asset • So when people leave an organization corporate knowledge goes with them • Knowledge transfer is difficult, its called learning • A knowledge work system; a knowledge (data) base • A way of capturing an organization’s knowledge • Organizational memory= stored learning of an organization’s collective history, decision making, project management, best practices, databases, etc. • A system of accessing/sharing the knowledge for new work...
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- Summer '09
- Management, 7 years, Knowledge Management Knowledge