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Advantages and Disadvantages of Knowledge Management in Organizations

   

Added on  2022-12-15

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Essay
Advantages and Disadvantages of Knowledge Management in Organizations_1

Table of Contents
INTRODUCTION ..........................................................................................................................3
Organisations currently operate with some advantages and disadvantages................................3
Issues and apply it to the organisation context............................................................................4
Critique of the operation and the issues developing from the implications of the alternative
approach derived from the models..............................................................................................5
CONCLUSION................................................................................................................................8
REFERENCES................................................................................................................................9
Advantages and Disadvantages of Knowledge Management in Organizations_2

INTRODUCTION
In every organisation there are different ways in which activities are done it is based on
practise and the process. Process includes the ways activities are formally organised and practise
is associated with the way things are actually done (Andriyani, Hoda and Amor, 2017). Present
report is based on analysing the way process and practise is taking place in organisations. Along
with it there is analysis of the explicit knowledge, tacit knowledge and different knowledge
types.
Organisations currently operate with some advantages and disadvantages
Knowledge management is a systematic approach that is used in a organisation for the purpose
of creation of value and further meeting up of strategic and tactical requirements. It includes
processes, initiatives systems and strategies that is required for enhancing the assesses,
refinement, sharing and further creation of knowledge.
It implies a strong tie to the organisational strategy and goals as it helps in creating if higher
value for the organisation (Durmuş-Özdemir and Abdukhoshimov, 2018). It promotes a culture
of conducive learning and knowledge creation. It helps in lacking availability of right people at
right time for generation of acquiring relevant knowledge for enhancing of organisation
performance as per strategic goals and availing of short term opportunities.
There are certain advantages of the knowledge management process in organisations as
mentioned below:
Improvement of team and proper employee alignment: Effective approach of knowledge
management is very important for knowledge sharing as it leads to systematic communication
and collaboration among all team members (Rheeand Choi, 2017) It is also very helpful for
individual employees in assisting them to analyse the way efforts can help in reaching the goals.
Increasing team productivity: Knowledge management is a processes that helps in accessing of
documentation by detailing of best practises and step by step instruction of processes and tasks.
It also helps in collaboration and communication in real time.
Retaining of knowledge in organisation: Knowledge management is a process of creating
employee on boarding, it ensures new hires so that employees can be highly productive.
Advantages and Disadvantages of Knowledge Management in Organizations_3

Enhancing of customer experiences: Effective approach of knowledge management can benefit
customers as it helps in delivering content based on self service purposes. It will help in
navigating the usage of products and services as per the needs of organisation.
Process is regarded as the way in which tasks are assigned. It is related to the way routine tasks
are performed in organisations.
Practise is a way in which tasks are done and are related to the way changes are responded in the
unpredictable environment. It is driven by a tacit knowledge. Leaders in organisations are
focussing on motivating and leading of teams towards success. Cross functional business
processes are a way that is used by business process for delivering of value to customers and
other associated stakeholders. Individuals are willing to deliver higher value to external
customers it is a point of process management that is used for managing the delivering of value
to customers and other associated stakeholders.
Issues and apply it to the organisation context
In the present times there is need to manage the overall intellectual capital with assumption of a
constant vigilance of change. It is required for the purpose of encouraging innovation and
creativity with effective leadership and shared vision. TESCO is second largest retail grocery
store based in UK. There are different techniques that are used for the purpose of managing a
larger workforce and focusing on daily operations.
Identification of differences between tacit and explicit knowledge: Organisation sometimes are
not able to identified the differences between type of knowledge base that is required to be
created (Halawi, McCarthy and Aronson, 2017). Such as explicit knowledge is very important
for understanding of the policies, procedural guides, profits, goals, strategies, mission and core
competencies. On other hand tacit knowledge is very importunate for development of expertise,
trade sects and learning so that there is creation of a culture that is embedder based on present
and past experience of organisation. Tacit knowledge is required to be imparted for having
reduced ambiguity in the organisation. So there is requirement to work towards analysing of the
specific knowledge type in organisations.
In case of large business organisations there are some of the issues that are associated with the
process of knowledge management. In present context some of such issues are discussed below:
Advantages and Disadvantages of Knowledge Management in Organizations_4

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