14-1 Chapter 14 Managing Knowledge Applying Innovation By David O’Sullivan and Lawrence Dooley © Sage Publications 2008
14-2 Reflections Why is motivation so important in innovation? Give an example of intrinsic and extrinsic motivation. What is the difference between gain sharing and profit sharing? Explain the performance appraisal system. How is the need for new skills implemented in a performance appraisal system? How are individual goals related to organizational goals?
14-3 Activities [Discussion of selected student ‘Activities’ from previous chapter]
14-4 Learning Targets Explain the concept of knowledge and knowledge management Understand the various stages of knowledge management Describe the difference between personalization and codification Explain the different depths of knowledge Explain why organizations need employees to “care why” Show ways in which people can collaborate in sharing knowledge Describe how collaboration can be enhanced through effective meetings
14-5 Defining Knowledge Knowledge is defined as information, together with individual judgment that can lead to informed decisions. Knowledge is embodied in: People Culture Procedures and routines Systems and processes Information systems
14-6 Knowledge Hierarchy
14-7 Knowledge Management The process of managing information, then making it available to people so that they may exercise judgment in the decision- making process Process consist of: Generating and acquiring knowledge Representing and codifying knowledge Storing and retrieving knowledge Sharing and distributing knowledge Transferring and embedding knowledge
14-8 Background Organizations utilize less than 20% of their knowledge “If your company knew half as much as it knows it would be twice as productive”
14-9 Stages of Knowledge Management
14-10 Knowledge Sharing To share knowledge appropriately, it has to be translated from tacit to explicit knowledge Principal transfer mechanisms include: Socialization Externalization Combination Internalization
14-11 Codification and Personalization Personalization of knowledge involves the exchange of knowledge and experience between individuals through human contact Codification of knowledge involves using forms, databases, etc. to allow storage and retrieval from the organization’s information systems. The two approaches are not mutually exclusive
14-12 Codification and Personalization of Knowledge
14-13 Depth of Knowledge Know what Know how Know why Care why
14-14 Depth of Knowledge across Teams
14-15 Collaboration
14-16 Knowledge Management Tools Support the management of knowledge generation, codification, and sharing in order to enhance decision making. KM Tools include and Web portals Content management systems Document management systems Search engines Relational and object databases Workflow systems Customer relationship management Data mining and data warehousing
14-17 Collaborative Portals Collaborative portals are computer- based systems used to generate, represent, store, access, and retrieve information in a distributed asynchronous way across an organization.
14-18 Types of Portals Horizontal Portals Target the entire Internet community Google, Yahoo, MSN and AOL Vertical Portals or ‘vortals’ Specific areas and community members Enterprise Information Portals (EIP) e-Business (Extranet) Portals Personal (WAP) portals
14-19 Major Functions of Portals Sharing information Search and navigation Document management Personalization Automatic Alerts Task management and workflow Integration of applications
14-20 Portlets or WebParts Web components Platform independent Java Servlets Microsoft Sharepoint WebParts
14-21 Portal Vendors
14-22 Concepts, Hierarchy & R’Ships Concepts E.g. Organisation Goals Indicators Hours per Unit Value Relationships Related Type of Relationship Context of relationship
14-23 Lists Columns
14-24 Relationships
14-25 Applied Innovation - Lists
14-26 Applied Innovation - Lists
14-27 Example of KM system
14-28 Types of Meetings Various levels of meeting related to the management of the innovation process take place across the organization. They include: Innovation workshops Innovation team meetings Steering group meeting Project team meeting Individual review meeting
14-29 Summary Explain the concept of knowledge and knowledge management Understand the various stages of knowledge management Describe the difference between personalization and codification Explain the different depths of knowledge Explain why organizations need employees to “care why” Show ways in which people can collaborate in sharing knowledge Describe how collaboration can be enhanced through effective meetings
14-30 Search Online [keyword: collaboration software]
14-31 Activities
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