The Power of KM
Harnessing the Extraordinary Value of Knowledge Management
by Brent N. Hunter
The Power of KM: Harnessing the Extraordinary Value of Knowledge Management is a book written by Brent N. Hunter, a consultant and expert in the field of knowledge management. The book is designed to help organizations understand the value of knowledge management (KM) and how to effectively implement KM practices.
The book begins by defining KM and its importance to organizations. Hunter explains that KM is the process of capturing, organizing, and sharing an organization's knowledge, in order to improve decision making and performance. He argues that KM is crucial for organizations because it allows them to leverage their collective knowledge and experience to gain a competitive advantage.
Hunter then goes on to present the five core principles of KM: knowledge creation, knowledge capture, knowledge organization, knowledge sharing, and knowledge application. He explains that each principle is essential to the success of KM and provides practical tips and strategies for implementing them.
The first principle, knowledge creation, is about encouraging employees to generate new ideas and insights. Hunter suggests using techniques such as brainstorming and knowledge cafes to foster a culture of innovation. The second principle, knowledge capture, is about identifying and recording important knowledge. Hunter suggests using tools such as knowledge maps and knowledge audits to identify and capture critical knowledge.
The third principle, knowledge organization, is about making knowledge easily accessible and searchable. Hunter suggests using tools such as knowledge portals and taxonomies to organize and categorize knowledge. The fourth principle, knowledge sharing, is about encouraging employees to share their knowledge with others. Hunter suggests using techniques such as mentoring, communities of practice, and social networking to promote knowledge sharing.
The fifth principle, knowledge application, is about using knowledge to improve decision making and performance. Hunter suggests using techniques such as decision support systems and knowledge audits to ensure that knowledge is being used effectively.
Throughout the book, Hunter provides real-life examples and case studies to illustrate the concepts he presents. He also includes a chapter on the common challenges organizations face when implementing KM and provides strategies for overcoming them.
In summary, The Power of KM: Harnessing the Extraordinary Value of Knowledge Management is a book written by Brent N. Hunter, a consultant and expert in the field of knowledge management. The book is designed to help organizations understand the value of knowledge management and how to effectively implement KM practices. The book presents the five core principles of KM: knowledge creation, knowledge capture, knowledge organization, knowledge sharing, and knowledge application, and provides practical tips and strategies for implementing them. The book also includes real-life examples and case studies, as well as strategies for overcoming common challenges organizations face when implementing KM.
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