Knowledge Management in Innovation and Technological Advancements

KNOWLEDGE MANAGEMENT 1
Dealing with Various Aspects of Knowledge Managment
By (Name)
Name of the Course
Title of the Instructor
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KNOWLEDGE MANAGEMENT 2
Table of Contents
KNOWLEDGE MANAGEMENT IN INNOVATION AND TECHNOLOGICAL
ADVANCEMENTS...........................................................................................................................3
The role of knowledge management innovation technological advancements............................4
Primary influencers of Knowledge management.........................................................................6
Examples of knowledge management implementation in innovation and technological
advancements...............................................................................................................................7
Challenges affecting Knowledge management in innovation and technological advancements 8
Future trends in knowledge management in innovation and technological advancements........9
Conclusion.................................................................................................................................10
References......................................................................................................................................11

KNOWLEDGE MANAGEMENT 3
KNOWLEDGE MANAGEMENT IN INNOVATION AND TECHNOLOGICAL
ADVANCEMENTS
The use of knowledge management is something that has been gaining popularity across
many organizations that are known to be situated in various parts of the world. It can be best
described one of the most fundamental processes of creating, sharing together with managing the
knowledge and information that belongs to a particular organization (Elite, Lyles and Tsang
2018). In this modern society, various aspects of knowledge management have been
implemented in a wide range of innovation and technological advancements to ensure that
various goals and objectives are attaining within the stipulated time frame (Hodgkinson and
Healey 2011). Moreover, various conditions pertaining knowledge management have increased
the implementation of a wide range of ideas in this modern society thus making it much easier to
carry out various operations without experiencing any barrier related situation. Top management
officials known to be attached to various organizations are currently working very hard in order
to implement knowledge management in most of their operations thus giving them on of the best
opportunities to attain a wide range of goals and objectives within the stipulated time frame.
Also, coming up with an appropriate and reasonable knowledge management techniques requires
an adequate and reliable implementation of a wide range of ethical considerations to make sure
that appropriate boundaries are creating to distinguish between what should be done and what
should be avoided in order to attain specific objectives in the coming future (Tsoukas and
Vladimirou 2016).
A wide range of technological advancements in this modern society have been able to
gain popularity across a wide range of personalities as a result of an adequate implementation of
knowledge management that has made it much easier for various individuals to easily understand

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what is taking place in relation to the products and services that they are being offered by their
respective organizations that are known to be operating within a wide range of boundaries (Min
and Mentzer 2014). A good number of issues have been able to emerge in this current century in
relation to what is taking place within the boundaries of knowledge management. This has been
catalyzed by the way various leaders have been able to show interest in the implementation of
this parameter (Lindkvist 2015). At the same time, the involvement of various employees in the
implementation of knowledge management among various sectors within an organization has
brought on board quite a number of positive outcomes that are geared towards scaling up a wide
range of organizations in terms of their operations within the market platform. As far are the area
of application of knowledge management is concerned, a variety of various innovations and
technological advancements have been developed under various scenarios (Grant and Baden‐
Fuller 2014). Currently, various technologies have been able to rely of different parameters of
knowledge management in order to carry out various aspects of analysis thus providing some of
the best opportunities to various organizations in terms of achieving their goals and objectives
within the stipulated time frame (Acedo et al. 2016).
The role of knowledge management innovation technological advancements
Knowledge management is known to have the capability of playing one of the most significant
roles that are attached to various aspects of innovations and technological advancements. These
roles have enabled a wide range of operations to be carried efficiently without any barrier related
situation being encountered (Easterby‐Smith and Prieto 2016). Different personalities too have
been able to come on board with an adequate and reliable description that clearly indicates some
of the positive outcomes that have been able to emerge as a result of knowledge management

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(Gourlay 2016). The following are some of the major roles played by knowledge management
within the boundaries of innovation and technological advancements;
 Provision of adequate and reliable information- Knowledge management is known to
have the capability of providing an adequate and reliable set of information during the
implementation of various aspects of innovation and technological advancement. As a
result of providing adequate and reliable information, knowledge management tries as
much as possible to avoid any confusion that is likely to emerge either at the current
situation or even in the coming future (Bechtel and Jayaram 2016).
 Offers appropriate guidance to various personalities- Those individuals who are
concerned with the implementation of knowledge management in order to come up with
some of the most reliable set of innovation and technological advancements, are able to
gain reliable guidance pertaining what should be done to ensure that all the objectives are
clearly addressed thus leading to the emergence of a clear understanding among various
personalities (Fernandez‐Alles and Ramos‐Rodríguez 2016).
 It fosters the implementation of managerial skills- Knowledge management ensures that
different personnel have the capability of acquiring some of the most relevant managerial
skills in terms of addressing various form of knowledge that tend to be attached to
innovation and technological advancements (Gurteen 2016).
The above roles of knowledge management have enabled it to gain a wide range of popularity
across different boundaries both at the local, national and international levels. This has provided
on of the best opportunities to come up with new forms of innovations in this modern society
that carries out various operations through the use of a wide range of technological
advancements.

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Primary influencers of Knowledge management
There are a wide range of primary influencers that are known to be associated with knowledge
management. These influencers have been able to change the way various actions are being out
in relation to various aspects of innovation and technological advancements most so the ones that
are taking place in different organizations. One of the major factors influencing knowledge
management is the type of leaders within organizations (Bluhm, Harman, Lee and Mitchell
2011). Leaders have the potentiality to determine the rate at which knowledge management can
be influenced within their boundaries. Good leaders who are known to be having good
management skills are likely to contribute towards the emergence of a positive outcome during
the implementation of knowledge management (Van Aken 2015). At the same time, leaders full
of negative perceptions also have the ability to influence knowledge management in a negative
way. Additionally, technological advancements are another primary influencer that is fully
related to knowledge management (Fidalgo-Blanco, Sein-Echaluce and García-Peñalvo 2014).
Various types of technological advancements taking place in this modern society influence the
type of knowledge management that is likely to be implemented within a given boundary in
order to come up with some of the best results (Truss et al. 2016). Advanced forms of
technologies that are currently emerging influence the need at type of knowledge management
that should be implemented in order to ensure a smooth operation of various parameters. On the
other hand, the surrounding environment is also another essential primary influencer that is fully
related to knowledge management (Manuj and Mentzer 2018). What is taking place within a
surrounding environment is known to have the capability of influencing the final outcome of
knowledge management that will be implemented within that environment. An environment that

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is full of positive interactions will greatly facilitate the rate at which knowledge management will
be implemented while at the same time any environment that is full of negativities is known to
have the capability of slowing down the rate at which knowledge management is being
implemented in order to attain a specific set of objectives in the coming future.
Examples of knowledge management implementation in innovation and technological
advancements
A wide range of examples that are related to knowledge, management are known to currently
exist in various boundaries involving innovations and technological advancements. These
examples have clearly shown how far knowledge management has been able to move in terms of
the developments that have been encountered during its period of scaling up. Different
organizations have been able to clearly come on board to shoe their interests in knowledge
management implementation where most of them have even gone as far as attaining their goals
within the stipulated time frame (Raby, Pater and Mackillop 2016). A case study that that talks
about Apple organization clearly indicates the way Apple Company has fully concentrated on the
implementation of knowledge management by coming up with a wide range of modern
innovations together with several other aspects of technological advancements that have been
able to serve a wide range of personalities in this modern society. Apple has been able to
appropriately handle quite a number of its resources by coming up with original and unique
products of innovation and technological advancements as a result of appropriate and reliable
implementation of knowledge management. On the other hand, a case study that involves
Starbucks organization clearly indicates hoe the organization has been able to implement
knowledge management within its boundaries. Through knowledge management, Starbucks has
been able to obtain adequate and reliable information from a wide range of their targeted

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customers within the market platform in relation to hoe they have been handling the provision of
various products and services to the targeted customers. Through this, the entire organization has
been able to highlight some of the areas where its strengths are thus developing the capability of
offering on of the most competitive advantages to several other companies that might be existing
within the market platform and are known to have the capability of performing almost the same
function as Starbucks.
Challenges affecting Knowledge management in innovation and technological
advancements
A vast combination of challenges is known to be affecting the management in innovation
and technological advancements thus scaling down various aspects of operations taking place
within different boundaries. On the other hand, the challenges affecting knowledge management
have ended up creating one of the most difficult environments as far as management issues are
concerned. One of the major challenges is the constant change in the structures of various
organizations, the change in these structures have made it very difficult to implement different
aspects of knowledge management since there is likely to be an interference in terms of how
different parameters are governed. On the other hand, inadequate personnel who are attached to
knowledge management are a serious issue that is currently increasing across different
organizations. These organizations tend to lack reliable personnel who are capable of implanting
knowledge management to ensure that innovation and technological advancements are
appropriately addressed with the aim of attaining various goals and objectives. Moreover,
innovation management in innovation and technological advancement is currently facing a major
issue that is related to lack of awareness. There is lack of awareness across different personalities
regarding what is entailed about knowledge management. These individuals don’t have enough

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idea on how best knowledge management works thus making it very difficult for it to be
implemented across various organizations most so the ones that are trying to deal with
innovation and technological advancements in most of their operations.
Future trends in knowledge management in innovation and technological
advancements
Digital workplace as internet of things connects people to platforms they prefer to use with ease
in their preferable environment at all-time whenever they want to connect. In any digital
transformation and knowledge management techniques, information security is considered to be
the fore front. Security measures like voice control feature are also used. Ingraining of security in
the knowledge management strategies makes it possible to be able to gain earlier knowledge of
cyber security threats.Through the use of internet of things to shape innovation, market goals will
be realized by combining both the digital and physical market experience by integrating brick
and motor stores so as to realize the goals.
Due to trends in investments in the present day, it indicates that there will be more off-balance
investment preference as it will be on the funding from the corporate venture capital.
Introduction of a platform that ensures smooth workflow of knowledge in an organization and
availability when needed and reconfiguration of work performance made.
Information relevancy will see that only the information need by a worker is displayed putting
into account how the workers use the platform to search information and how long it takes to
display the what is of interest to the worker. Social networks analysis has been used to enhance
on effectiveness of the worker knowledge about the company operations. The use of mobile
technology and knowledge management software by staffs to get access into the organizational

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management system for updates. Introduction of images alongside documents for ease of
identification unlike before where one was required to read all line of text so as to find the
document required. This made possible by the use of knowledge management software.
Management of employees will not be only about sharing but also to ensure that employees
become their own personal knowledge managers in an organization. Through internet of things,
virtual assistant will use voice to help in controlling of tools and machines and administering
tasks. What makes artificial intelligence possible is the use of machine learning, and this will
make it possible to make use of enormous amount of data and will contribute a lot to the local
economy. To ensure that employees are engaged and are enjoying their work, knowledge
management is used to provide future trends that not only give meaning but also a good working
space for them and also making companies secure and agile.
Conclusion
In conclusion, there is the need of various organizations to clearly come on board and be
able to implement various aspects of knowledge management. This ensures that different goals
and objectives revolving around innovation and technological advancements are appropriately
addressed thus eradicating the emergence of any confusion that is likely to take place. On the
other hand, there is also the need for the top management officials to implement the use of
ethical considerations in their operations involving knowledge management thus creating one of
the most reasonable boundaries regarding what should be done.

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References
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