relationship between knowledge management and innovation
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RELATIONSHIP BETWEEN
KNOWLEDGE MANAGEMENT
AND INNOVATION
Present by: Tran Thi Nguyet Nga
Student ID: 99734310
Class : SF MBA F2
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I. Introduction
Research background
Research motive
Research purpose
II. Literature Review
Knowledge Management
Innovations
III. Relationship between KM and InnovationIV. Conclusion
V. Reference
Structured
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The globalized and knowledge economy is
increasingly based on exploiting knowledge andinnovation.
Innovation is mandatory for organizations to survivein the high technology.
Organizations that do not compensate effectively forinnovative forces may be destroyed by those that do.
I. INTRODUCTION
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Knowledge is a new driving force to economic
growth. In order to sustain competitive advantage in the new
economy, the organizations must shift their focus toknowledge-based economic activities.
I. INTRODUCTION
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This presentation will examine the relationship
between knowledge management and innovation toknow:
Is there a strong link between Knowledge Managementand Innovation?
Does Knowledge Management influent Innovation, and
if so, how?
I. INTRODUCTION
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II. LITERATURE REVIEW
KnowledgeManagement
Innovations
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A relatively new term that encompasses not only therelated notions of knowledge transfer and knowledgesharing but the entire knowledge acquisition andutilization process, beginning with locating andcapturing knowledge, and followed by the enabling
of that knowledge within the firm (Choo, & Bontis,2002; Takeuchi, & Nonaka, 2004).
What is knowledge management?
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Understanding the kinds of knowledge thatindividuals in an organization have.
Moving people to transfer knowledge within anorganization.
Managing key individuals as knowledge creatorsand carriers.
The tacitKM
The processes for articulating knowledge held byindividuals.
The design of organizational approaches forcreating new knowledge.
The development of systems to disseminatearticulated knowledge within an organization.
Theexplicit
KM
Two fundamental approaches to KM
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Explicit knowledge & Tacit knowledge
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Wisdom: Strategy
Knowledge: Concepts
Information: Organizedfacts, simple rules.
Data: Raw & isolatedfacts
Knowledge develops like a pyramid
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Deals with both explicit and tacit knowledge.
Explicit knowledge is copied, tacit knowledge is not.
Prefer tacit knowledge based projects for sustainedsuccess.
Focus on organizational objectives such as improvedperformance, competitive advantage, innovation, thesharing of lessons learned, integration andcontinuous improvement of the organization.
Effective knowledge management
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Enables effective and timely decision making.
Fosters creativity & innovation.
Enhances communication.
Supports culture of learning, customer focus andmoving from good to best
Why manage knowledge?
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Means renewal or improvement.
Refer to incremental, emergent, or radical andrevolutionary changes in thinking, products,processes, or organizations.
For an improvement to take place it is necessary for
people to change the way they make decisions, ormake choices outside of their norm.
What is the innovation?
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Consider a major driver of the
economy. Base on technologies and on
market knowledge.
Lead to new product categories
or increasing productivity. Innovation trends backed by
governmental funds andregulations.
What are innovation drivers?
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Waves of Innovation
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When people change their value system, the old(economic) system will change to make room for thebetter one.
When that happens innovation has occurred.
Innovations may be spread from the innovator to
other individuals and groups. This process has beenproposed that the life cycle of innovations.
The life cycle of innovations
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Improved quality
Creation of new markets
Extension of the product range Reduced labor costs
Improved production processes
Reduced materials
Reduced environmental damage Replacement of products/services
Reduced energy consumption
Conformance to regulations
The goal of innovation
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KnowledgeManagement
Innovations
III. Relationship between KM &
Innovation
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