Discuss the concept of knowledge management. Why is knowledge management important today? (300-500 Words)? ? ?Write a detailed paragraph on three generations on knowledge management.
A. Introduction:
Ø Discuss the concept of knowledge management. Why is knowledge management important today? (300-500 Words)
Ø Write a detailed paragraph on three generations on knowledge management. (450-750 Words)
Ø Describe the terms, Data, Information and Knowledge. Discuss two major types of knowledge. Compare the properties of these two major types of knowledge. (400-500 Words)
B. Knowledge management cycles and Models:
Ø Discuss in detail Wiig’s KM cycle. How is it different from McElroy’s KM cycle. Write minimum two points of difference. (Minimum 500 words)
Ø Describe how the major types of knowledge (i.e., tacit and explicit) are transformed in the Nonaka and Takeuchi knowledge spiral model of KM. Use a concrete example to make your point (e.g., a bright idea that occurs to an individual in the organization).
Ø a. Which transformations would prove to be the most difficult? Why?
Ø b. Which transformation would prove to be fairly easy? Why?
Assignment Questions:
This Assignment is a report-based assignment.
Besides other materials like journal papers, report, and research articles, students are advised to read chapter 1 to chapter 3 thoroughly from the book prescribed for this course.
Students must use proper references to justify their assignment work.
The Assignment structure is as follows:
A. Introduction:
· Discuss the concept of knowledge management. Why is knowledge management important today? (300-500 Words)
· Write a detailed paragraph on three generations on knowledge management. (450-750 Words)
· Describe the terms, Data, Information and Knowledge. Discuss two major types of knowledge. Compare the properties of these two major types of knowledge. (400-500 Words)
B. Knowledge management cycles and Models:
· Discuss in detail Wiig’s KM cycle. How is it different from McElroy’s KM cycle. Write minimum two points of difference. (Minimum 500 words)
· Describe how the major types of knowledge (i.e., tacit and explicit) are transformed in the Nonaka and Takeuchi knowledge spiral model of KM. Use a concrete example to make your point (e.g., a bright idea that occurs to an individual in the organization).
· a. Which transformations would prove to be the most difficult? Why?
· b. Which transformation would prove to be fairly easy? Why?
References:(2 Marks). 0 Mark for No references, Less than 5 References (1 Mark) More than 5 references 2 Marks.
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