Responses

Instructions:

All grading is based on how strongly you support your analysis, synthesis, evaluation and reflection with reasoned conclusions based on the class material and discussion. All posts should be rich in content. I think, I feel, I believe, or my opinion are not to be used. Opinions may be asked for in a question but your reply must suggest the answer is concluded from the support of the material on the class.  I agree and Great post without explaining why it is a great post based on the material, is not adding value to the class discussion.

APA citations must be used in all posts not just the initial post.

Your comments must relate back to the readings. Comment on at least two of your classmates' postings per learning activity. (e.g. if you have two learning activities in one week the minimal number of posts should total 6). Your initial posting is due by midnight Wednesday. Your comment on your classmates' postings is due by midnight Friday. Follow up is due Sunday at 11:59 PM. When a classmate makes a comment on your posting, you should reply to that comment. Plan on using Sunday to provide final replies to each other.

I added the below,

These are two discussions topics, here are what the discussions were about: under each discussion are other student’s discussion posts to the topic. I need one response per post. There will be a total of 4 responses for you to complete. Discussion Board responses must be answered thoroughly. Must be APA format, answer thoroughly, must have at least 1-2 verifiable legitimate sources per response. 200+ words needed answering thoroughly.

This is due by October 25, 2019 Friday at 11:00 pm EST. Plagiarism free.

Learning Activity #2

The best KM processes make the most money because they share information to all members of the organization allowing managers to make better decisions. Explain why this statement is true. Be sure to include in your answer what a KM process is and how it makes money by sharing information to all the organization. Give examples.

#1

Stratton,

Learning Activity #2

The above statement is true because using a KM system you are able to share the information across the company. So if you solve a problem then others through out the company can see how this problem was solved and possibly save time trying to fix it again. This in turn allows the company to profit from more work getting done. Another way the company profits "Another organization can buy or license the document to solve similar problems, creating a revenue source for the first organization" (Norton, 2014 para. 8). This is another way the organization can profit from using a KM system and is also another reason why the above statement is true. 

Norton, D. (2014, May 26). Knowledge management process can increase productivity and profits. Retrieved from https://www.techrepublic.com/article/knowledge-management-process-can-increase-productivity-and-profits/

#2

Finneyfrock,

The knowledge management process is how organizations develop, maintain, and deploy strategically-sound knowledge while increasing the organization's value (Dalkir, 2011). It can facilitate better and more informed decisions made by managers.  It drives strategic thinking to solve problems more quickly and efficiently to save money on manpower and hours. Moreover, the sharing of information teaches and informs employees about best-practices and lessons learned to improve their work habits, while constructing a learning environment within the organization. Furthermore, this cycle increases the likelihood of innovation within the organization through the spreading of ideas, which can also help the organization stay ahead of its competitors. 

Reference: 

Dalkir, K. (2011). Knowledge Management in Theory and Practice (2nd ed.). Cambridge, MA: MIT Press.

Learning Activity #3

Why is the KM cycle a cycle? Consider the nature of information and the dynamic nature of knowledge in your answer.

#1

Stratton.

The key to understanding why a KM cycle is a cycle its important to know what it is. A KM cycle is the process of taking company information and transferring it to corporate knowledge. There are four approaches that are associated with the KM cycle. " These four KM cycle approaches are from Meyer and Zack (1996) , Bukowitz and Williams (2000) , McElroy (1999, 2003), and Wiig (1993)" (Dalkir & Liebowitz, 2011, p. 32). These four approaches are four different ways that information will be transferred through and created into corporate knowledge. 

References

Dalkir, K., & Liebowitz, J. (2011). The Knowledge Managment Cycle. In Knowledge Management in Theory and Practice (2nd ed., p. 32).

#2

Finneyfrock,

The Knowledge Management cycle (KM cycle) is a cycle because explicit knowledge requires constant updating for the growth and maintenance of knowledge, which requires organizations to return to the beginning of the KM cycle, the "get" and "use" stages. The get and use stages consist of gathering massive amounts of information and being able to sift through it to identify valuable knowledge. Moreover, organizations should also gather tacit knowledge from content experts. Unlike codified and explicit knowledge, tacit knowledge is the type of knowledge that is not easily interpreted through words or illustrations by individuals without pertinent expertise in a particular subject (Dalkir, 2011). An example of tacit knowledge is trying to teach someone a new language; it would take lots of practice and experience speaking the language to become proficient in it.

Another KM cycle process is organizational learning where lessons and best-practices are learned. This is an essential step after gathering information, which transitions to applying new strategic ideas. The next key role of the cycle is the contribute stage, which involves making individual knowledge transparent and available across the entire organization. Where individuals share knowledge and experiences, which in-turn develops best-practices. 

The assess stage defines mission-critical knowledge and maps current intellectual capital to future knowledge requirements (Dalkir, 2011). Capitals include quantitative measures of human competencies, good-standing customer relationships, and an organizational capital consisting of knowledge bases, processes, structure, culture, etc. Moreover, metrics are essential to analyze knowledge base growth, as well as organization profits and performance (Dalkir, 2011). 

Next up, the build and sustain step of the cycle addresses why the KM cycle is cyclic in nature. This step ensures the intellectual capital maintains an organization's viability. This step creates new knowledge or reinforces existing knowledge (Dalkir, 2011). Nonetheless, not all knowledge assets need to be held onto, which leads to the final step of the KM cycle, the divest step. This is the step where assets that are no longer valuable are removed or transferred outside of an organization. Sometimes knowledge is more valuable when it is transferred outside the organization where resources are better spent elsewhere (Dalkir, 2011). For example, money can be saved within the budget of an organization when ending no longer-needed contracts or training programs. 

Reference:

Dalkir, K. (2011). Knowledge Management in Theory and Practice (2nd ed.). Cambridge, MA: MIT Press.