`Knowledge Management Principles

Question: Discuss about theKnowledge Management Principles. Answer: Data are raw facts which are put together, organized and processed to give information (De Mauro, et al. 2015, p. 98). The information produced can as well be used as input data to be combined with other sets of information to produce an output that a person requires. The data or information may be termed as useful or useless by others. Information equips one with knowledge which is a general understanding of a situation, place or object. People find data useful when they are ready to analyze and examine it. For instance, business managers and administrators apply practical experimentation of data into developing strategy. When a company wants to create new products, the idea is expanded, processed and put into action until the commodity is prepared. They even carry on research analysis to find data which they use it to determine how the public feels about the products made. Therefore, the commodity producers always find data useful and adding knowledge to their professions. Funke, (et al. 2012, p.1427) explain data can be subdivided into personal and transactional data. The users of these type of data find it useful for it gives the knowledge on various aspects. Personal data can be found in emails, postal addresses internet accounts. People find it useful since they use the data to know more about the person quoted. On the other hand, transactional data users are individuals who research information to assist them in their activities. For instance, a person can research about prices, quantity, and durability of various machines. At the end the person, the most suitable equipment. The person will find data useful. On the other hand, people information useless particularly where data is manipulated or misleading (Xin, et al. 2010, p. 192). When people use it, they do not derive any valuable information from them. They, therefore, find it time wasting and end up referring it useless. An example of data that people may find it useless or unnecessary is when a formula provided on a piece of paper does not solve a mathematical task given. Holden cars can are sold in most cities in Australia. A buyer can decide whether to purchase a second-hand or a new Holden car. For the used cars, one can find them through a website with prices ranging $30,000 (Carsales, 2017). The other alternative is purchasing a new car using the companys website. The car is designed in a modern outlook which makes it look classy and adorable. It makes the owners have a luxurious lifestyle. Inside, it is equipped with the advanced technology which supports both Apple and Android devices. Whenever one is driving the Holden Commodore, he or she is always. Besides, the car is great to drive. It has spacious interior making providing space to adjust the seat the way the user wants (Holden, 2017). On top of that, Commodore cars are available in several editions or models like the Evoke and SV6. The buyer can choose which model suits most. The cars are fuel efficient. (Caradvice, 2017) Explains the Commodore cars 11.8 liters for each 100 kilometers covered. Despite, their 3 to 6.2L engines are very efficient making the rider to gain acceleration in little time and cruise for long distances. Lastly, the cars have advanced safety and protection. The technology used is capable of warning and alerting the driver on forwarding collisions, lane departures, blind sport alert and it also assist when parking the car. Airbags are present for protecting drivers in case of accidents. For my choice, I would advise one to go for the Holden Commodore. Although its prices are high, the services obtained from the car make it fine, luxurious, secure and easy to ride making life easy. Roles of Organizational Culture These are the assumptions, methods, beliefs and values which control how individuals behave and act within an institution (Chen, et al. 2010, p.857). It plays several roles in developing knowledge infrastructure of the organization. This is done through the creation of teams and work groups where the members learn and pass knowledge and expertise to each other. The members cope with each other well due to healthy relationships formed. Most organization cultures offer training and mentorship programs, especially to the recruited employees. During this process, the mentors pass knowledge, skills and work techniques to their juniors (Masalimova, et al. 2015, p. 39). In that way, knowledge management is improved. Other ways include; managers passing guidelines to the workers and making employees interact in the workplace. Eventually, knowledge management at the workplace will be improved. Organizational Structure It shows how the management plans, controls and administrates the whole organization through rules, policies, and procedures. Knowledge management is enhanced through the creation of the hierarchy structure. From the senior most directors, knowledge is passed and delegated to the lower managers until it reaches the subordinate employees (Ribes, et al. 2013. p. 7) Just like the organization culture, teams are strongly recommended in the structure. The members of the teams share knowledge on their skills. Besides, the structure helps in employees to participate in the decision-making process. Not all decisions are made by the higher administration. In the workplace, where small issues strike a department, members in that sector can are given a privilege by their manager to discuss solutions. The workers are equipped with knowledge on solving problems at a certain level. The knowledge infrastructure is thus improved. A community of practice is a collection of individuals who have a common profession and engage together within a given place of work (Baglin, et al. 2010, p.148). At a local hospital, there can be various professionals such as pharmacists, dentists, and general doctors. These people perform essential duties within the hospitals. A local hospital can benefit through some ways; improvement of health care due to combined expertise (Serdyukov, et al. 2011, p. 407). The professionals within the hospital do specific jobs. For example, a local dentist deals with patients with dental matters. Similarly, nurses, though not professionals, they assist in the clearing, directing and offering assistance to the patients. Due to combined expertise from various persons, the hospital would record higher health care levels attained. Also, a local hospital can benefit when more professionals join the place. The current experts may detect a deficiency of a profession at the hospital. For example, it may be discovered that the number of patients requiring surgical attentions is getting bigger. Therefore, a surgeon will be brought to the hospital. In that way, the local hospital will benefit since more experts join improving the services. Riva, (et al. 2013, p.2) say CoPs help dispensaries in undergoing evolution. The facility begins when it is small with only a few doctors and nurses. When more professionals are added up to the workplace, more buildings, machines, and equipment are brought. With time, the dispensary evolves to a regional hospital offering most essential health care services. The evolution and development would have originated due to the presence of the CoP. References Baglin, M.R. and Rugg, S., 2010. Student nurses experiences of community-based practice placement learning: A qualitative exploration. Nurse Education in Practice, 10(3), pp.144-152. Caradvice, 2017. Holden Commodore. [Online] Available at: https://www.caradvice.com.au/holden/commodore/[Accessed 19 4 2017]. Carsales, 2017. Holden Commodore Cars For Sale in Australia. [Online] Available at: https://www.carsales.com.au/car/holden/commodore/ [Accessed 19 4 2017]. Chen, C.J., Huang, J.W. and Hsiao, Y.C., 2010. Knowledge management and innovativeness: The role of organizational climate and structure. International Journal of Manpower, 31(8), pp.848-870. De Mauro, A., Greco, M. and Grimaldi, M., 2015, February. What is big data? A consensual definition and a review of key research topics. In G. Giannakopoulos, D.P. Sakas and D. Kyriaki-Manessi eds. AIP conference proceedings (Vol. 1644, No. 1, pp. 97-104). AIP. Funke, F., Kemper, A. and Neumann, T., 2012. Compacting transactional data in hybrid OLTPOLAP databases. Proceedings of the VLDB Endowment, 5(11), pp.1424-1435. Holden, 2017. Holden, let us go there. [Online] Available at: https://www.holden.com.au/[Accessed 19 4 2017]. Masalimova, A.R. and Nigmatov, Z.G., 2015. Structural-functional model for corporate training of specialists in carrying out mentoring. Review of European Studies, 7(4), p.39. Ribes, D., Jackson, S., Geiger, S., Burton, M. and Finholt, T., 2013. Artifacts that organize: Delegation in the distributed organization. Information and Organization, 23(1), pp.1-14. Riva, M.A. and Cesana, G., 2013. The charity and the care: the origin and the evolution of hospitals. European journal of internal medicine, 24(1), pp.1-4. Serdyukov, P., Taylor, M., Vinay, V., Richardson, M. and White, R.W., 2011, April. Automatic people tagging for expertise profiling in the enterprise. In European Conference on Information Retrieval (pp. 399-410). Springer Berlin Heidelberg. Xin, Z., Chen, H., Han, H., Mao, B. and Xie, L., 2010, October. Misleading malware similarities analysis by automatic data structure obfuscation. In International Conference on Information Security (pp. 181-195). Springer Berlin Heidelberg.