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INTERDISCIPLINARY JOURNAL OF CONTEMPORARY RESEARCH IN BUSINESS<br />

JANURAY 2011<br />

VOL 2, NO 9<br />

Pemberton (2000) <strong>in</strong>formation and communications technology causes to alteration and<br />

transformation <strong>of</strong> <strong>in</strong>dividuals and organizations' capability <strong>in</strong> order to <strong>in</strong>crease their <strong>in</strong>telligent<br />

and awareness through accelerated learn<strong>in</strong>g. Information and communications technology has<br />

been resulted to <strong>in</strong>creas<strong>in</strong>g potential possibility <strong>of</strong> knowledge shar<strong>in</strong>g among the learner<br />

organizations too. Sav<strong>in</strong>g and exchang<strong>in</strong>g <strong>of</strong> knowledge has a fundamental role for the<br />

organization <strong>in</strong> its knowledge basis application method. Explicit Sav<strong>in</strong>g and exchang<strong>in</strong>g <strong>of</strong><br />

knowledge has been simplified by aid <strong>of</strong> effective media and press. But imperceptible nature<br />

<strong>of</strong> knowledge has converted it to a difficult issue.<br />

Indeed, <strong>in</strong> addition to systems and substructures that technology supports, <strong>in</strong>struction plays a<br />

significant role <strong>in</strong> knowledge dissem<strong>in</strong>ation process. At last, a learner organization can<br />

achieve a stable competitive benefit if it performs knowledge acceleration. Accelerat<strong>in</strong>g <strong>of</strong><br />

knowledge could help creat<strong>in</strong>g <strong>of</strong> a superior th<strong>in</strong>k<strong>in</strong>g and knowledge which creates unique and<br />

durable talents and capabilities.<br />

6. Knowledge Management<br />

Recently concept <strong>of</strong> knowledge management has become important because <strong>of</strong> <strong>in</strong>creas<strong>in</strong>gly<br />

awareness from mental capital <strong>in</strong> bus<strong>in</strong>ess. Erickson and Rothberg (2000) state that mental<br />

capital is generally considered as saved knowledge that the organization owns it. Saved<br />

knowledge means how <strong>in</strong>formation is deduced and concluded for solv<strong>in</strong>g <strong>of</strong> problems and<br />

how <strong>in</strong>formation is applied <strong>in</strong> order to predict customer's behavior. Turban, MaLean and<br />

Wetherbe (2001) believe that knowledge which is created for solv<strong>in</strong>g <strong>of</strong> problems <strong>in</strong> the<br />

organization should be retrieved and re-used whenever the organization is faced with similar<br />

or same problems. They po<strong>in</strong>t out that this simple th<strong>in</strong>k<strong>in</strong>g is a basis for a challeng<strong>in</strong>g concept<br />

and is called knowledge management. Rais<strong>in</strong>ghani (2000) says knowledge management<br />

concept is about establish<strong>in</strong>g <strong>of</strong> a structure to be able to comb<strong>in</strong>e the most developed elements<br />

<strong>of</strong> essential human response and decision mak<strong>in</strong>g with technical and <strong>in</strong>put resources.<br />

Accord<strong>in</strong>g to Castle and Sir (2001) knowledge is one <strong>of</strong> the primary and major resources <strong>in</strong><br />

today economy, <strong>in</strong> other words learn<strong>in</strong>g from previous experiences and apply<strong>in</strong>g <strong>of</strong><br />

knowledge <strong>in</strong> new conditions is the improv<strong>in</strong>g basis <strong>of</strong> future value creation for customers.<br />

Swanson and Banna (2002) have said "knowledge and knowledge management have been<br />

converted to a tool to achieve strategic competitive benefit".<br />

Lee (2000) writes that the last revolution has been focused on capability <strong>of</strong> an organization <strong>in</strong><br />

<strong>in</strong>telligent application <strong>of</strong> knowledge that has now <strong>in</strong> itself and also the new mental capital<br />

which is established every day. This writer has also said that collaboration and shar<strong>in</strong>g will<br />

replace knowledge sav<strong>in</strong>g <strong>in</strong> this new model, <strong>in</strong>terested societies will provide a tool that is<br />

necessary for permanent progress and technology will be established <strong>in</strong> order to secure<br />

efficient transmission <strong>of</strong> knowledge. For example, purpose <strong>of</strong> knowledge management is to<br />

improve organizational performance through design<strong>in</strong>g, implement<strong>in</strong>g and apply<strong>in</strong>g <strong>of</strong> tools,<br />

processes, systems, structures and culture which is leaded to enhancement <strong>of</strong> creat<strong>in</strong>g, shar<strong>in</strong>g<br />

and us<strong>in</strong>g <strong>of</strong> each <strong>of</strong> the three k<strong>in</strong>ds <strong>of</strong> knowledge necessary for decision mak<strong>in</strong>g.<br />

As Berry (2000) claims "managers are able to remove obstacles between those who know and<br />

those who don't know with effective knowledge management." He states this is not an easy<br />

task because one <strong>of</strong> the ma<strong>in</strong> obstacles <strong>of</strong> successful knowledge management is chang<strong>in</strong>g <strong>of</strong><br />

the belief "knowledge is power" and we should hoard it <strong>in</strong>stead <strong>of</strong> shar<strong>in</strong>g it freely. De Long<br />

and Fahey (2000) say that managers and leaders are <strong>in</strong>creas<strong>in</strong>gly aware that organizational<br />

COPY RIGHT © 2011 Institute <strong>of</strong> <strong>Interdiscipl<strong>in</strong>ary</strong> Bus<strong>in</strong>ess <strong>Research</strong> 333

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