Article 6q1rw

Article 6q1rw

Article

6q1rw

Knowledgemanagement is a widely recognized discipline in the businessenvironment. However, there are still risks associated with thisrelatively new field. What are the greatest risks associated withknowledge management in the modern business environment? Why arethese significant?

Knowledgemanagement is new field that has transformed the business operatingenvironment in unprecedented ways. Organizational requirements forleveraging intellectual capital necessitates for recognition ofknowledge enablers (Alhawari,2012).These enablers encompass attributes and structures that enableorganization to reap the full benefits of knowledge management. Someof the most conspicuous elements include programs that facilitate aleaning culture leadership to emancipate the workforce to maneuverthrough the unknown waters of future, programs that make knowledgeaccessible to everyone in the firm, and technological infrastructure(Zoysa&ampRussell, 2011).The main risk that is connected to such programs is that they callfor structural changes that may destabilize the normal operations ofthe organizations and that may call for further training of theavailable workforce (Harris,2008).Even with these changes it is not possible to state with certaintythat the anticipated benefits will occur. Some of knowledgemanagement enablers may lead to rigidities and inflexibilityderailing smooth operations (Zoysa&ampRussell, 2011).For example, firm must put in place technological systems suchadvanced collaborative softwares that are susceptible fraudsters. Inaddition knowledge management smudges the line between departmentsand operating divisions.

6q2jhQuestion:Which centralized distributed architectural structure knowledgemanagement systems best support innovation and competitive advantage?Why

Manyof the knowledge management systems of large firms are hinged ontechnological architectures that are in incongruous with the socialprocess of innovation and knowledge creation (Stein&ampZwass, 2010).More specifically, centralized architecture are implemented to run aprocess that is inherently distributed. Thecentralized views organization cognition is the best system tosupport innovation and improve the competitive edge because itgathers peripheral raw knowledge from different sources and codifiesthat knowledge into a central repository (Zack,2009).In this system technology is required to support central control,high capacity, standardization and vigor. Centralized socialarchitecture is the best in this pursuit because individuals canproduce knowledge through tangential socialization communities ofpractices, via work practice and the workforce can be in a positionto generate an inherent knowledge in term of working solution thatcan be productively made overt and hence reusable (Bonifacioetal.2012).

References

Alhawari,S., Karadsheh, N.T.,Mansour, E. (2012).International Journal of Information Management, 32:50-65.Knowledge-Based Risk Management Frameworks for Information Technologyproject. Retrieved from:http://www.academia.edu/3455808/Knowledge-Based_Risk_Management_framework_for_Information_Technology_project

Bonifacio,M., Cuel, R.,Mameli, G and Nori, M. (2012). APeer-to-Peer Architecture for Distributed Knowledge Management.Retrieved from:http://citeseerx.ist.psu.edu/viewdoc/download?doi=10.1.1.11.4313&amprep=rep1&amptype=pdf

Harris,I. (2008). Risks &amp Rewards of Knowledge Management. InternationalConsultants’ Guide.Retrieved from:http://www.zyen.com/component/content/article.html?id=166

Stein,E and Zwass, V. (2010). Actualizing Organizational Memory withInformation Systems. InformationSystems Research 6 (2): 85-11

Zack,H.M (2009). Managing Codified Knowledge .SloanManagement Review, Volume 40, Number 4, Summer, pp. 45-58

Zoysa,S. and Russell, A.D. (2011). Knowledge-basedrisk identification in infrastructure projects.CanadianJournal of Civil Engineering, 2003, 30(3): 511-52