Knowledge Management System: Capturing, Managing and Using Data

Knowledge Management System 1
KNOWLEDGE MANAGEMENT SYSTEM
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Knowledge Management System 2
Abstract
As companies become gradually more aware that knowledge is one of the most important and
valuable positive features, they have forced to re-asses the manner in which they employ or slot
in with the source and how they use the knowledge to strengthen their sustainable growth. This
will possibly make an important transformation to established practice, a transformation that
results in a model change from the conventional operational approach to a new strategic
engagement in knowledge management. This report exclusively explains the use of knowledge
management in capturing, managing, using data, and the ethical as well as legal issues connected
with the capturing of data.
Part A: KM System Evaluation for an Organization
Introduction
Managing the knowledge and skills of the employees is a major challenge to any organization.
Every management department or discipline has contributed to the notion of knowledge
management in a relatively independent manner. As indicated in the abstract, knowledge is the
most fundamental and crucial asset to organizations. Yet, as it has been experienced before,
knowledge has always remained undocumented making it hard to access and is at risk of getting
diminished. The existence of apps that are used by various teams across the organizations means
that important data increasingly lives within the stores within companies. And that just
exacerbates the impacts of tribal knowledge, which is unwritten data or information that is not
shared outside of a team. So, how do the organizations use knowledge management systems to
manage, capture and react to ethical and legal issues associated with capturing data?

Knowledge Management System 3
Knowledge management systems provide various advantages in any institutional setting, whether
it is a community or a business or a whole country. It allows people and organizations to better
create, use and transfer knowledge for several reasons.
Goals of the organization and how data is captured
Goals of every organization differ in so many ways but there are some that appealed based on the
class discussion. The organization in this case is the World Bank. Its goals include using
information technology to fight poverty and diseases in the developing world. The most
outstanding of all is provision of technical assistance and developmental knowledge in the whole
system. Moving on to the problem, the World Bank is focused on making things done
professionally through knowledge sharing. In this case, the main problem being addressed is
knowledge sharing barrier which is more of tacit knowledge in relation to knowledge
management connected problem, a situation that forced the organization to overhaul the
antiquated IT system to enhance knowledge sharing among the management staffs and the
public.
Data capture is the extraction of data pairs from image files using OMR/OCR/ICR as well as
Barcode technologies and it exist in different types such as fixed form, semi-structured and
unstructured (Ragsdale, 2014). Data capture using KM systems seeks to address the problems as
well goals of the World Bank. First and foremost any organization using Knowledge
management systems would want to achieve growth and development. Therefore, a basis for
progress is one of the goals of the World Bank. Capturing data using an effective knowledge
management system increases an organization’s potential development and expansion. Growing
an organization needs the ability to learn and adapt which requires knowledge management