The Assignment structure is as follows: Introduction: (5 Marks) Explain the concept of knowledge management. Write a
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Question:
The Assignment structure is as follows:
- Introduction: (5 Marks)
- Explain the concept of knowledge management.
- Write a paragraph highlighting the evolution of knowledge management and how knowledge management can help the organisation in present day competitive world.
- How is tacit knowledge different from explicit knowledge? Why is it important for the organisation to capture both Tacit as well as explicit knowledge?
- Knowledge management cycles and Models: ( 5 Marks
- Discuss in detail Bukowitz and Williams KM cycle.
- Describe how the major types of knowledge (i.e., tacit and explicit) are transformed in the Nonaka and Takeuchi knowledge spiral model of KM. Use a concrete example to make your point (e.g., a bright idea that occurs to an individual in the organization).
- a. Which transformations would prove to be the most difficult? Why?
b. Which transformation would prove to be fairly easy? Why?
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