Understanding of theory and practice of knowledge management

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Reference no: EM132842983

TASK - KM REPORT

The aim of this task is to enable you to demonstrate that you have a broad understanding of the theory and practice of knowledge management (KM). By completing this assessment task, you will have an opportunity demonstrate your ability to undertake independent academic research and write a professional report ona seminal and/or contemporary issue in KM.

Specifically, this task requires you to write a 1500-word report that investigates the following:

What is the role of knowledge management in decision making?

The course learning outcomes (CLO) addressed in this assessment task are:

- CLO1: Analyse and explain the developments in the ‘new economy' and in particular the place and nature of knowledge in such developments
- CLO2: Demonstrate a broad, critical and practical understanding of KM theories and practices in the real world.
- CLO3: Investigate the linkages between management and KM and in particular of those between KM and strategic and human resources management
- CLO4: Examine the various human, organisational and technological components that together combine to produce KM
- CLO5: Explore the role and place of information and communications technologies in the practice of KM

GENERAL GUIDELINES
It is envisaged that this assessment task will result in a professionally written report based on independent academic research.

The word limit for the report is a maximum of (1500) words (including in-text references, tables, figures and appendices but excluding the referencelist).

There is no set structure for the report. You should decide on the inclusion of any sections and sub-sections based on the research you undertake and on the content of the argument you develop. That said, the report should include the following elements:

• Introduction
• Body
• Recommendations
• Summary and conclusion
• References

Learning to communicate comprehensive information in a concise manner is an important skill and therefore penalties will be applied for exceeding this word limit.

- PLO1: Create successful business solutions for an innovative and global enterprise
- PLO2: Critically analyse problem/opportunity situations and develop global robust information systems using a range of tools and techniques to add value to the business
- PLO3: Develop secure, flexible, information and communication architectures that accommodate the uncertainty of business decision-making and changing needs of the global business
- PLO4: Undertake project management initiatives and research concerning information technology applications in diverse business environments.
- PLO6: Demonstrate a broad, critical and practical understanding of contemporary issues and practices in business.
- PLO8: Apply research principles and methods to design innovative options and solutions for, and make reasoned judgements about, problems and issues in contemporary business practice.

Verified Expert

The paper has analyzed the role of knowledge management (KM) in the decision-making process of the companies. KM plays a significant role to help the employees and the managers to gather relevant information and make informed decisions. It eventually leads to high-quality organizational performances. However, the members of the organizations sometimes face challenges to use KM systems for making decisions. For that, it has been recommended to train the employees through different training programs and use information technology that can help the employees as well as the managers to use KM effectively for making informed decisions for the companies.

Reference no: EM132842983

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