Knowledge management is a technique of efficient assembly, alteration, preservation and management of data in organizations, alongside systems designed to make the most of that date. It refers specifically to utilities and ways created to preserve information and knowledge held by individuals who compose the establishment. It's at one time a software bazaar and a part of consultancy practice relates toareas like competitive intelligence. A huge area of knowledge management has to do with knowledge that is not elementary to digitally codify, like individual records.

The course of knowledge management also is known by a some other terms during it's different developmental stages. One example is 'corporate learning' and that boasts these basic targets: distinguishing, collecting and systematizing current knowledge and facilitating the creation of new knowledge. Knowledge management has been around since civilization began, being in the guise of discussions, brainstorming sessions or in more orderly ways such as apprenticeships as well as qualified teaching tutoring programs.

However, it's only today that knowledge management is being integrated as a legitimate business practice, and thus it has seen the invoking of particular data and information technology practices, the establishment of intranets within corporate settings and so forth. All these things is part of a compulsion to enact knowledge management systems.

Knowledge management systems consist of a heavily circulated hypermedia method for the categorizing of knowledge, encouragement of creativeness and the seizure, storing and sharing of that expertise and awareness. The word hypermedia is supposed to describe a conveyance by which audio, video and regular text intersect to create a lateral manner of information storage in addition to broadcasting. So in short, the term 'hypermedia' can be utilized as a plausible extension of the phrase 'hypertext'.

For instance, the Internet is one case in point of hypermedia, whereas the same cannot be said a movie on DVD. The Internet is as a place where global information isheld, accessed and transmitted through computers that are attached to the World Wide Web. The web is an area that may be effectively used to implement knowledge management systems effectively, just like the office intranet facility could also be utilized. On itself, it' not a knowledge management system. However, it can be used to keep and use a knowledge management system.

Author: Paul Abbey

About the author:
P Abbey owns and operates http://www.knowledgemanagementgo.com Knowledge management

Article source: Free Management Articles.