A knowledge management system blends technology with business data gathered by a company. The phrase "knowledge management" refers to the goal of gathering and organizing data and then using computer technology to convert it to useful information. Operators use software databases to gather and store data, and then the data is analyzed to make operational, strategic and marketing decisions.
Knowledge Management System Benefits
The purpose of a KMS is to ensure knowledge gained by one department or employee is captured and shared with the organization. This factor makes knowledge management especially critical in systematic organizations where each department relies on others for solution development or customer management. Businesses use KMS to manage workflow. In a sequential work process, each department or worker provides project status updates, which are shared with others as the project progresses. This process optimizes production efficiency.
- Photo Credit Catherine Yeulet/iStock/Getty Images
Definition of Periventricular White Matter Disease
Periventricular White Matter Disease is not actually a disease. This misnomer comes from health practitioners referring to it as such, but periventricular...
What is the Definition of Quality Management System?
Quality management is the single most important process in any organization, whether for profit, nonprofit or an organization such as a health-care...
Types of Knowledge Management
The goal of knowledge management is to continually improve a business' operational processes. The different types of knowledge management can be used...
Quality & Organizational Structure
The factors of quality and the structure of an organization go hand in hand. A clearly defined organizational chart has a positive...
The Advantages of Knowledge Management Systems
Knowledge management, KM, systems improve information robustness by adding context and relationship data to stored documents. The six steps of knowledge management...
Challenges in Knowledge Management Systems
Knowledge has capital value because it increases productivity. Building on this base, knowledge management is the system whereby information is transferred from...