Detailed Analysis: Knowledge Management System and Business

This report provides an overview of Knowledge Management Systems (KMS), discussing their history, evolution, and current significance in business. It defines KMS as a crucial approach for creating, retaining, transferring, and applying knowledge to gain a competitive advantage. The report explores literature reviews highlighting the importance of knowledge in enhancing productivity and adapting to changing business environments. It emphasizes the role of KMS in fostering learning, motivating employees, and sharing capabilities. The report also discusses the implementation of KMS strategies, including information capture incentives, knowledge repositories, and the setting of organizational objectives. Finally, it concludes that KMS is essential for business organizations, supporting knowledge sharing, cultural understanding, and continuous information updates. The report also includes a discussion on the views of the author on the topic.

Running head: KNOWLEDGE MANAGEMENT SYSTEM
Knowledge Management System
Name of the Student:
Name of the University:
Author Note:

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Table of Contents
Introduction......................................................................................................................................2
Literature Review............................................................................................................................2
Discussing own views based on the topic........................................................................................3
Conclusion.......................................................................................................................................4
Reference List..................................................................................................................................5

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Introduction
This study deals with explaining the concept of Knowledge Management and relating it
with the history and present condition. This topic is important for study purpose as there are huge
changes noted in this concept in recent times (Wang et al., 2014). Many things have drastically
changed in knowledge management; it is not about the tools that are made available to the
individuals. Looking back the history of Knowledge management, it showed the fact that some
things still remains constant. Knowledge management can be defined as radical and
fundamentally news ways for creating, retaining, transferring and applying advantage. The new
ways adopted by organization often proves to be disruptive as well as threatening to the
mainstream. The methods, tools and techniques adopted by knowledge management will become
more automated in the near future (Séin-Echaluce et al., 2015). The study highlights the
evolution of the concept Knowledge management, like what it was before and what it means now
from the perspective of business enterprise.
Literature Review
As rightly put forward by Dalkir & Beaulieu (2017), the focal point in the discipline of
administration is to determine as well as plan “laws of behavior” as it depends upon increased
productivity. Recently, productivity refers to as looking the capacity of the managers who can
get access to information or facts and generate smart accomplishment. To that, Knowledge has
become one of the primary factors of production. In this competitive business environment,
productivity actually means ability to learn and adapt towards changing environment. Ability to
learn in an organization had increased as business nowadays are employing workforce in a

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dynamic process that aims at nurturing, leveraging and motivating people to get better and share
their capability to act in certain way. The process that is explained here is the concept behind
knowledge management. Most of the business enterprises have resources that are mainly
dedicated to internal Knowledge Management efforts as part of their business strategy. Even
consulting firms are providing advice on matters relating to Knowledge Management to this
business enterprise. Therefore, Knowledge Management refers to a multi-disciplinary approach
that are used for achieving or attaining organizational objectives by making use of the knowledge
in the most appropriate way (Séin-Echaluce et al., 2015).
According to Donate de Pablo (2015), the concept of knowledge management gives rise
to two outcomes. It actually endeavors at the time of developing managerial theory as well as
Knowledge Management attribute. The first outcome takes into account historical account of
Knowledge Management Theory that highlights the current stages where the third phase talk
about development and Knowledge Management represents the social process. The second
outcome takes into consideration the comprehensive literature review of Knowledge
Management that offers new ways of categorizing scholarly contributions into several research
philosophies. There are further suggestions given on speculative possibility that put light on the
path for bringing promote expansion in the dynamic field (Liebowitz & Frank, 2016).
Discussing own views based on the topic
A leader needs to pilot a knowledge management project. Change is always needed
within a business organization and it is difficult for the employees working for the business to
accept the change (Diedrich & Guzman, 2015). Many do not prefer change, as people have to
modify their habits as well as be ready to embrace new methods. Knowledge can be understood

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at three different stages: before, during or after Knowledge management connected behavior.
Business enterprise have tried information capture incentives that takes into account content
submission mandatory as well as incorporation of rewards at the time of developing performance
measurement plans. Strategy used in Knowledge Management takes into account managing
knowledge. For example, individuals engage in encoding their knowledge into a shared
knowledge repository like database where they can recover the information as and when needed.
Knowledge management efforts mainly focus upon setting organizational objectives that takes
into account improved performance, integration, competitive advantage as well as continuous
improvement and innovation (Séin-Echaluce et al., 2015).
Conclusion
At the end of the study, it is concluded that Knowledge Management plays an important
role that are adopted by companies. The knowledge management strategies and instruments are
used by business organization that takes into consideration sharing of knowledge that help in
understanding the culture as it encourages the sharing of information. The information is based
on a given concept where knowledge cannot be irrevocable as well as shared and updated as and
when needed. The above study properly explains about the concept of Knowledge Management.
Knowledge Management is a procedure helps in creating, sharing and managing the information
or in that case information within business enterprise.

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Reference List
Dalkir, K., & Beaulieu, M. (2017). Knowledge management in theory and practice. MIT press.
Diedrich, A. & Guzman, G., (2015). From implementation to appropriation: understanding
knowledge management system development and introduction as a process of
translation. Journal of Knowledge Management, 19(6), pp.1273-1294.
Donate, M.J. & de Pablo, J.D.S., (2015). The role of knowledge-oriented leadership in
knowledge management practices and innovation. Journal of Business Research, 68(2),
pp.360-370.
Liebowitz, J. & Frank, M. eds., (2016). Knowledge management and e-learning. CRC press.
Séin-Echaluce, M.L., Blanco, Á.F., García-Peñalvo, F.J. & Conde, M.Á., (2015), August. A
knowledge management system to classify social educational resources within a subject
using teamwork techniques. In International Conference on Learning and Collaboration
Technologies (pp. 510-519). Springer, Cham.
Wang, H., Guo, X., Fan, Y. & Bi, J., (2014). Extended access control and recommendation
methods for enterprise knowledge management system. IERI Procedia, 10, pp.224-230.