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With so much technical jargon used across the knowledge management and customer service sectors it can be challenging to keep up! By consolidating key words, phrases and acronyms into one central location, this glossary will help you cut through the complexity to fully understand the ins and outs of these key industries.
Knowledge is a vital asset to any organization. However, simply having knowledge will not unlock its power. Your organization must manage and utilize it in an appropriate and advantageous way. This is the difference between a mediocre business and a highly competitive organization.
Information management focuses on organizing, analyzing, and retrieving information. Where knowledge management is often about know-how, information management is largely about know-what. It offers facts that can be used to create relevant and helpful knowledge. Since the information being shared is already in an easy-to-transform structure, it benefits greatly from technology. This glossary defines the terms most often associated with information knowledge management.
You strive to keep your team focused on the key objectives in a fast-paced marketplace. You need to continually hone your competitive edge and stay not just one step, but two steps ahead of your industry rivals. How do you do this? What discipline can you rely upon to keep your team aligned with your short- and long-term goals? A well-designed knowledge management strategy is the foundation you need for your business and team to flourish.
A knowledge map is a tool for identifying and organizing the knowledge that exists in your organization. Knowledge map software is a powerful way to inventory your organization’s critical knowledge while identifying knowledge gaps and other areas of weakness.
Knowledge sharing software organizes information so users can quickly access and distribute it. It facilitates real-time information exchange and enables better and faster decision-making. This glossary covers some common terms you should know as you move forward with investing in a knowledge sharing platform.
A knowledge-based system (KBS) is a program that captures and uses knowledge from a variety of sources. A KBS assists with solving problems, particularly complex issues, by artificial intelligence. These systems are primarily used to support human decision making, learning, and other activities.
The concept of learning organization describes an organization that continually fosters an ideal learning environment. The environment is aligned with the organization’s objectives. Peter Senge popularized this concept as a place that enables workers to expand their abilities to achieve the results they desire.
Knowledge management in organizations is important because it improves decision-making and accelerates learning, efficiency, innovation, and agility. There are hundreds of terms associated with organizational knowledge. This glossary covers some of the most common ones used to describe the tools, techniques, and tactics of this essential component of organizational life.
Tacit knowledge refers to the vast, unspoken, unwritten warehouse of knowledge that each person holds, which is based upon observations, emotions, experiences, intuition, insights, and internal information.