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knowledge
concepts, experience, insights that provide a framework for creating, evaluating, and using info
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wisdom
- Collective and individual experience of applying knowledge to solve problems
- Involves where, when, and how to apply knowledge
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Organizational learning
Process in which organizations learn
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Knowledge management
Set of business processes developed in an organization to create, store, transfer, and apply knowledge
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Knowledge management value chain stage:
- 1.Knowledge acquisition
- 2.Knowledge storage
- 3.Knowledge dissemination
- 4.Knowledge application
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Knowledge acquisition
- •Documenting tacit and explicit knowledge
- –Storing documents, reports, presentations, best practices
- –Unstructured documents (e.g., e-mails)
- –Developing online expert networks
- •Creating knowledge
- •Tracking data from TPS and external sources
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Knowledge storage
- •Databases
- •Document management systems
- •Role of management:
- –Support development of planned knowledge storage systems
- –Encourage development of corporate
- -wide schemas for indexing documents
- –Reward employees for taking time to update and store documents properly
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Knowledge dissemination
- •Portals
- •Push e-mail reports
- •Search engines
- •Collaboration tools
- •A deluge of information?
- –Training programs, informal networks, and shared management experience help managers focus attention on important information
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Knowledge application
- •To provide return on investment, organizational knowledge must become systematic part of management decision making and become situated in decision-support systems
- –New business practices
- –New products and services
- –New markets
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Communities of practice (COPs)
- Informal social networks of professionals and employees within and outside firm who have similar work-related activities and interests
- Activities include education, online newsletters, sharing experiences and techniques
- Facilitate reuse of knowledge, discussion
- Reduce learning curves of new employees
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3 major types of knowledge management systems
- 1.Enterprise-wide knowledge management systems
- 2.Knowledge work systems (KWS)
- 3.Intelligent techniques
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Enterprise-wide knowledge management systems
General-purpose firm-wide efforts to collect, store, distribute, and apply digital content and knowledge
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Knowledge work systems (KWS)
Specialized systems built for engineers, scientists, other knowledge workers charged with discovering and creating new knowledge
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Intelligent techniques
Diverse group of techniques such as data mining used for various goals: discovering knowledge, distilling knowledge, discovering optimal solutions
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Three major types of knowledge in enterprise
- 1.Structured documents
- 2.Semistructured documents
- 3.Unstructured, tacit knowledge
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Enterprise content management systems
Help capture, store, retrieve, distribute, preserve
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Enterprise content management systems Key problem
Developing taxonomy
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Digital asset management systems
Specialized content management systems for classifying, storing, managing unstructured digital data
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Knowledge network systems
- Provide online directory of corporate experts in well-defined knowledge domains
- Use communication technologies to make it easy for employees to find appropriate expert in a company
- May systematize solutions developed by experts and store them in knowledge database
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Learning management systems
- Provide tools for management, delivery, tracking, and assessment of various types of employee learning and training
- Support multiple modes of learning
- Automates selection and administration of courses
- Assembles and delivers learning content
- Measures learning effectiveness
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Knowledge work systems
Systems for knowledge workers to help create new knowledge and integrate that knowledge into business
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Knowledge workers
Researchers, designers, architects, scientists, engineers who create knowledge for the organization
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Three key roles of knowledge workers:
- 1.Keeping organization current in knowledge
- 2.Serving as internal consultants regarding their areas of expertise
- 3.Acting as change agents, evaluating, initiating, and promoting change projects
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Requirements of knowledge work systems
- Substantial computing power for graphics, complex calculations
- Powerful graphics and analytical tools
- Communications and document management
- Access to external databases
- User-friendly interfaces
- Optimized for tasks to be performed (design engineering, financial analysis)
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CAD (computer-aided design)
Creation of engineering or architectural designs
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Virtual reality systems
Simulate real-life environments
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Augmented reality (AR) systems
- a tech for enhancing visualization
- provides a live direct or indirect view of a physical real-world envir whose elements are augmented by virtual comp generated imagery
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Virtual Reality Modeling Language (VRML)
- a set of specifications for interactive, 3-D modelng on the World Wide Web that can organize multiple media types to put users in a simluated real-world envir
- platform independent, operates over a desktop comp, and requires little bandwidth
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Investment workstations
Streamline investment process and consolidate internal, external data for brokers, traders, portfolio managers
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Intelligent techniques
Used to capture individual and collective knowledge and to extend knowledge base
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Knowledge discovery
Neural networks and data mining
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Artificial intelligence (AI) technology
Computer-based systems that emulate human behavior
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Expert systems:
- Capture tacit knowledge in very specific and limited domain of human expertise
- Capture knowledge of skilled employees as set of rules in software system that can be used by others in organization
- Typically perform limited tasks that may take a few minutes or hours
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Knowledge base
Set of hundreds or thousands of rules
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Inference engine
Strategy used to search knowledge base
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Forward chaining
Inference engine begins with information entered by user and searches knowledge base to arrive at conclusion
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Backward chaining
Begins with hypothesis and asks user questions until hypothesis is confirmed or disproved
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Case-based reasoning (CBR)
- Descriptions of past experiences of human specialists (cases), stored in knowledge base
- System searches for cases with problem characteristics similar to new one, finds closest fit, and applies solutions of old case to new case
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Fuzzy logic systems
- Rule-based technology that represents imprecision used in linguistic categories (e.g., “cold,” “cool”) that represent range of values
- Describe a particular phenomenon or process linguistically and then represent that description in a small number of flexible rules
- Provides solutions to problems requiring expertise that is difficult to represent with IF-THEN rules
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Neural networks
Find patterns and relationships in massive amounts of data too complicated for humans to analyze
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Machine learning
Related AI technology allowing computers to learn by extracting information using computation and statistical methods
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Genetic algorithms
- Useful for finding optimal solution for specific problem by examining very large number of possible solutions for that problem
- Conceptually based on process of evolution
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Hybrid AI systems
Genetic algorithms, fuzzy logic, neural networks, and expert systems integrated into single application to take advantage of best features of each
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Intelligent agents
- Work in background to carry out specific, repetitive, and predictable tasks for user, process, or application
- Use limited built-in or learned knowledge base to accomplish tasks or make decisions on user’s behalf
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Agent-based modeling applications:
- Systems of autonomous agents
- Model behavior of consumers, stock markets, and supply chains; used to predict spread of epidemics
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