Knowledge Management

What is the management?   
       Management in all business areas and organizational activities are the acts of getting people together to accomplish desired goals and objectives efficiently and effectively. Management comprises planning, organizing, staffing, leading or directing, and controlling an organization (a group of one or more people or entities) or effort for the purpose of accomplishing a goal. Resourcing encompasses the deployment and manipulation of human resources, financial resources, technological resources, and natural resources.


What is Knowledge management?
      Knowledge Management is the collection of processes that govern the creation, dissemination, and utilization of knowledge. In one form or another, knowledge management has been around for a very long time. Practitioners have included philosophers, priests, teachers, politicians, scribes, Liberians, etc.


What is information system?
      An information system  is any combination of information technology and people's activities using that technology to support operations, management, and decision-making.^] In a very broad sense, the term information system is frequently used to refer to the interaction between people, algorithmic processes, data and technology. In this sense, the term is used to refer not only to the information and communication technology  an organization uses, but also to the way in which people interact with this technology in support of business processes


What are the component of information system?
      The main components of information systems are computer hardware and software, databases,

5 COMPONENTS OF INFORMATION SYSTEM:

1. IT i.e. hardware and software

2. Data/Information

3. Procedures/Policies

4. People

5. Purpose

6. Communication Networks

Why do you need  apply the knowledge management process in our business?    

      Many organizations are now in the throes of implementing knowledge management strategies. However, like many other ground-breaking initiatives, success is often elusive. This workshop is primarily aimed at knowledge managers and knowledge management teams, taking them step by step through the key stages of the implementation of knowledge-based strategies. It is also beneficial for any senior manager, especially R&D, marketing, and business development manager, who wants to use better knowledge management as a key to improved business performance.

source : http://en.wikipedia.org/wiki/Management

           : http://www.km-forum.org/what_is.htm
           : http://en.wikipedia.org/wiki/Information_system
           : http://wiki.answers.com/Q/What_are_the_major_components_of_an_information_system
           : http://www.skyrme.com/services/kmpract.htm