The Concept of Knowledge Management

Kingdom of Saudi Arabia Ministry of Education Saudi Electronic University College of Administrative and Financial Sciences Assignment 1 MGT403 (1st Term 2023-2024) Deadline: 14/10/2023 @ 23:59 (To be posted/released to students on BB anytime in Week 4) Course Name: Knowledge Management Course Code: MGT-403 Student’s Name: Semester: 1st CRN: Student’s ID Number: Academic Year: 1444/1445 H, 1st Term For Instructor’s Use only Instructor’s Name: Students’ Grade: / 10 Level of Marks: High/Middle/Low Instructions – PLEASE READ THEM CAREFULLY • This assignment is an individual assignment. • Due date for Assignment 1 is by the end of Week 7 (14/10/2023) • The Assignment must be submitted only in WORD format via allocated folder. • Assignments submitted through email will not be accepted. • Students are advised to make their work clear and well presented, marks may be reduced for poor presentation. This includes filling your information on the cover page. • Students must mention question number clearly in their answer. • Late submission will NOT be accepted. • Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in ZERO marks. No exceptions. • All answered must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism). Submissions without this cover page will NOT be accepted. Classification: Internal Use Kingdom of Saudi Arabia Ministry of Education Saudi Electronic University ‫المملكة العربية السعودية‬ ‫وزارة التعليم‬ ‫الجامعة السعودية اإللكترونية‬ College of Administrative and Financial Sciences Assignment Purposes/Learning Outcomes: After completion of Assignment-1 students will be able to understand the LO 1.1: Recognize the overall knowledge management processes, concepts, goals and strategies within the context of organization. LO 1.2: Describe how valuable individual, group and organizational knowledge is managed throughout the knowledge management cycle. Assignment Questions: (10 Marks) This Assignment is a report-based assignment. Read chapter 1, 2 and 3 thoroughly to answer the Assignment questions. The Assignment structure is as follows: A. Conceptual Framework: (5 Marks) Introduction: ➢ The introduction part must clearly highlight the concept of knowledge and how is it different from Data, and Information. ➢ Briefly describe the term knowledge management. Explain two basic types of knowledge. ➢ Why is Knowledge management in present day organisations. (Provide minimum 3 references to support your answer.) B. Knowledge management cycle: ( 5 Marks) ➢ Discuss in detail the Meyer and Zack knowledge management cycle and Bukowitz and Williams knowledge management 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. ➢ How is the Wiig KM model related to the Nonaka and Takeuchi model? In what important ways do they differ? (Support each part of the assignment with Proper references)