Question:
What is Data and knowledge management?
The research assignment will focus on data and knowledge management that will lead the organization to huge success. This way, the research report will focus on the idea of the research that will help to meet the success for the organization.
Data management is the procedure of controlling the data created amid an exploration venture. For each of these focuses, there are generous observational proof and also hypothetical thoughts connecting them to data knowledge management disappointment. If it’s not too much trouble note that these components are not recorded in place of vitality, nor does anyone causal variable compare to a particular resultant element. (Cisco, 2009)
Knowledge about the subject helps in performing the task in the best possible manner. the individual can apply the know-how and improve the quality of the work. For this, it is essential to have clear understanding about the task. The knowledge posed by individuals varies from each other, and it is related to the products, experience, and other factors. Experienced individual possess efficient knowledge through which the values related to the task can be developed and implemented. It is possible to analyze the challenges and provide the best solution through which the system can be sorted out in the best possible manner (Hoover, 2008).
Knowledge management helps in analyzing the relevance of the data and implements the same for decision making process. Accurate knowledge would help the management in making the right decision that will cater the needs of the company. Application of knowledge depends upon the objectives and preferences of the company. This is one of the reasons, the management is recommended to adopt and implement the right strategies through which the task can be accomplished on a timely manner. Also, it is possible to develop new structures through which implementation process can be simplified. In this method, it is necessary to adopt new methods through which the capability of the products and services can be improved. The management needs to highlight the critical areas that need to be worked upon by the management(Arma.org, 2009).
Data management is the storage of records analysis and it is the reconstruction of recent events as inputs for decision-making. It comprises a range of practices required by an organization such as an enterprise. The difference between the data and information is debatable and it aims to deal with the research and make proper knowledge that the goal of knowledge management has the ability to integrate information from various approaches to deal with the insights associated with valid decision-making. (Lamont, 2012)
Through effective data management system, the company can analyze the importance of different components like the methods, engineering process, and individuals on the performance of the system. The workforce concentrates on the employees and innovation methods that have been adopted by the company. Both the components have to be analyzed, as this will help the management in selecting the better options that would cater the needs of the company. It is essential to develop effective relationship between the individuals and the engineering methods that has been adopted by the company. This will help in analyzing the risks and other factors that can impact the performance of the strategies. The information management system has to be used effectively, as this will help the management in deciding the areas of concerns. Through this process, the management can work on different strategies for developing control process. This has been done to avoid the exploration venture, which can affect the performance of the plan. The observational analysis has been done to analyze different types of thoughts that are related to the vitality and it is quite often related to the resultant. In this process, the variables has to be analyzed, as this will help in developing the best strategies that would help in the implementing process (Reeep.org, 2013)
Through data management and knowledge is related to implementing the process for enhancing the privilege learning method. The strategy adopted would be able to help the management in handling the unpredictable issues that can affect the performance of the company. Through this method, it is possible to implement the best corporate method that would improve the understanding about the tasks that needs to be performed by the individuals. The change that has to be made in the performance of the company has to be analyzed in the right manner. In this case, the authoritative parts are analyzed and implemented in the right manner. with the help of the learning management process the management of the company can introduce effective information system, which will help in impacting the knowledge in the right manner. It is also possible to handle issues related to stockpile and refinement process (Airccse.org, 2013).
With the help of the data management and knowledge management system the company can ensure to introduce the best system through which the use of knowledge can be improved. It is essential to introduce an effective method for improving the learning methods, which will take care of the needs of the company.
The process helps the management to gain from the past performance. Information resources can be re-conveyed and used for various purposes. This is one of the most important factors that would help the management to upgrade the skills that is required for execution of the task. I some cases, it is necessary to use information generated from department in executing the task with the other department. For this, the management can introduce an effective learning method that would simplify the process. In this case, the users will be able to make use of the privileged skills that surpasses the expectations of the old learning method. The company can develop effective strategies through which the capacity to perform can be increased. Learning process can be simplified and made effective, as this will help the staffs (Informationpolicy.iu.edu, 2009)
Dynamic stream of knowledge management is developed in the organizational knowledge development theory and the importance of business is to realize the importance of new knowledge based on the existing knowledge. Organizational knowledge development depends on the content with the organization and explicit knowledge. They play an important role in knowledge creation and encourage promoting employees to be innovative. (Kobielus, 2009)
The improvements in knowledge management promote important factors such as superior performance in the organization. The understanding of the term is evolved in the literature where the first concept is associated with management of knowledge as an organizational resource. Knowledge is a mix of experience that offers the framework of new information’s and experiences. It can also become the information. (Maches, 2010)
The theoretical concept is developed with the major concern of knowledge management and it is an important extension to information management. It describes the decision that combines with external knowledge and internal knowledge is externally marketed. Thus the theory believes continuous management that depends on the intellectual capital that motivates knowledge managers to deal with knowledge exchange among organizational members and other key members. (Perez, 2009)
Successful knowledge management strongly depends on organizational behavior and the research imports creativity, innovation, learning and capabilities. (Baskerville & Duplipovici, 2006)
Data knowledge management system helps in drafting the best policies through which the knowledge management process can be upgraded. In this case, the company adopts and implements an effective verifying method that will upgrade the skills of the data knowledge management system. Information maintained system helps the company to perform different tasks in the right manner, without comprising with the quality.
Through this method, it is possible to handle the uncertain issues that can impact the performance of the company. The process for imparting, production, and revelation of the information for data management can be simplified. However, the challenges that can impact the performance of the system are with the hierarchy process that has been adopted by the company. This usually happens when there is no acknowledgment system (Otero, et, al, 2010)
The company can make the best use of the data or the knowledge that has been acquired from the suppliers, clients, accomplices, and others. The acquired knowledge can be used for analyzing the type of changes needs to be introduced by the company for improving the quality of services that has been proposed to be provided to the clients. The changes that need to be implemented by the company can be drafted and introduced in the right manner. through this process, it is possible to introduce privileged method or channels that can be used for exchanging the information that would help the firm to develop. In this case, the data knowledge management system has to be incorporated in the best possible manner (Talbot, 2009).
In order to use the data management and the knowledge management make use of the below mentioned tools –
At the time of deciding the data and the knowledge management system, it is necessary to analyses the expectations of the company. This is done with an intention of reusing the information for introducing the changes within the business operational activities. with the help of the sub-section, it is possible to handle different departments in the right manner (Naresh, 2013).
It is concerned with knowledge development that helps to increase the potential of the organization. The main activities contain knowledge sharing as transmission and absorption. It contains the effectiveness of knowledge use and different means to share knowledge in the organization would be training, problem-solving, discussion, information technology uses etc. (Hulbert, 2014)
Through knowledge sharing process, the management develops a link between the know-how implications and its understanding. In this case, the knowledge possessed by different individuals is used for the best purposes. The knowledge is gained through experience and analyzing different situations at the workplace. In this case, the experience, data, values, and other factors are used to assess the relevance of the data. The knowledge of the individual is analyzed, so that the same can be used in the best possible manner In this case, the standards and process that would have to be followed needs to be determined (Roggero, 2013).
The information that is collected is analyzed in the form of data, so that the same can be used in the best possible manner. In this process the data are computed and consolidated in the right manner. It is necessary to use the data in the right manner, as this will help in making the right decision.
The managerial concerns that are related to the techniques, initiative, or administration task have to be analyzed. Such an analysis is done with an intention of improving the managerial performance that would help in implementing the changes that are required for enhancing the quality of the works. In this method, it is essential to make the best use of the resources that are available in the form of information. The management would be able to collect the data and use the same in the best frameworks. The exploration is done in the form of the behavioral factors, which will help in introducing the changes that are required to make the best use of the data management system (Wayne, 2011).
The non-experimental tasks that are considered in the research work have to be experimented. This will help in using the data in the best possible manner. such data will be used for conducting the critical subject exploration that is necessary for the conduct of the research work. With the help of the research routines like the activity check and others the data management system can be best implemented. The hypothesis has to be analyses, as this will help in using the information in the right manner. The valuable information has to be used for the sake of sharing the details and other information with the staffs of the company. Through such process the company can differentiate between the important information. Such strategies would help in selecting the best option that will cater the needs of the management. In some cases, the management might need specialist help that would help in finding the answers to the questions that are considered to be imprint for the management. In case of activity exploration, the company needs to introduce different systems that would improve the quality of the information gathering and other factors. The collected data can be used for improving the quality of tasks that has been planned to be performed by the company. Further the data helps in conducting research work (Dick, 2000).
In case of fizzled activities, the learning management frameworks have to be decided. This will help in finding the alternative solutions to the problem that can affect the performance for the company. The issues are identified and the best use of the knowledge management system has been introduced by the company. The research work has been conducted to find the benefits that are associated with the process of introducing the best steps. With the help of the activity exploration method, the company selects the best method for exploring or honoring the data management system (Ankara, 2005).
The study also reveals the efforts that need to be introduced for improving the research process. The action that needs to be taken for improving the research work is analyzed. This would help in selecting the better options that will take care of the needs of the company. (Baskerville & Wood-Harper, 1996).
In this research, the researcher will mainly focus on creating improvements to ensure proper data management and integration. The researcher will follow the methods and analysis of qualitative and quantitative methods.
Qualitative methods are known as scientific method depends on particular questions and interviews. The questions are meaningful for achieving information and other analysis.
Quantitative method: This method helps to generate the views and responses for the defined question and the result is also dependent on the data analysis. Questionnaires form the important information.
Sample size of the research helps to denote the term reliability and it also measures data collection. The sample size of this research has been taken the 50 numbers. There were 50 respondents for this research analysis and responses.
Research questions
H0: Data and knowledge management improves business performance and creates success in the organization.
H1: Data and knowledge management does not improve business performance and does not create success in the organization.
The researcher mainly seeks information in accordance to manage the data and knowledge in the organization. The researcher will focus on interviews and other methods to deal with the results and findings.
Interviews: It is the face to face perspective that helps to collect the information on the major subject. It is the excellent approach that deals with the information of the respondents. This deals with the major sources of data that leads to success with respect to the research questions and interviews.
Questionnaires: Questionnaires develop the primary data to deal with the outcomes that strongly depend on the reliable sources to meet the objectives by the help of questionnaire method. This aims to know the views and information collected by the respondents. The questionnaires are importantly designed with reliable information that offers important conclusion. Therefore, to deal with the interview methods and questionnaires are easy and to get the data collected from respondents is also expensive.
Survey method: The most important method of data collection is known well as survey method and the responses from the respondents would be collected either by emails or through face to face interaction. This approach would be the useful approach and there might have enough time to complete this information successfully. These surveys would be completed by companies, employees or other members of the organization.
Observation method: This is the critical approach of data gathering that requires important information. It brings successful approach in terms of information and other offers.
Validity of the research: The validity of the research is the major critical factor that meets the researcher to be developed in the survey. Every process in the research has met the proper guidelines and the interview that has been gathered with the individual views and opinions offered by the respondents to deal with the research validity. (Brodkin, 2014)
Every research has its shortcomings and limitations. There were limitations with primary and secondary research and the findings based upon the secondary data and primary data. The secondary data involves limitations and the responses of the respondents play an important role when the response of the respondent is positive with respect to research questions and analysis. Conclusion can be developed via primary research methods and questionnaires could be filled directly but due to less amount of time, the research was not successful with reliable information. Therefore the evaluation of the questionnaire is done with the approach of research.
Every research follows some ethics and there are many barriers to deal with the respondents. Research ethics helps to deal with the major roles of the researcher to collect the data and information. The researcher will deal with the ethics that requires to be followed to provide security to the respondents by providing confidential personal information’s. The researcher is well known that the ethics has been followed and the respondents are motivated to deal with the valid data and proper information. (Boyd, 2013)
With the help of observations and interviews, the result will be presented in the form of figures and charts.
As per the analysis, it has been found that the data and knowledge management has important benefits such as exchange of information, knowledge acquisition, information, administration management, business performance, innovation and learning as well as capacity.
With the help of above diagram, the figure identifies the fact as per the research analysis, 50 respondents were extremely satisfied with the data and knowledge management techniques available in the organizations.
Sharing of knowledge
With the above diagram, it is illustrated that 43 numbers of respondents were extremely satisfied with the sharing of information with data and knowledge management and only 2 respondents were average satisfied with this option.
Knowledge acquisition
With the help of the above pie chart, the researcher is able to find out that 48 respondents believes knowledge acquisition is the major parameter where the firm is able to gain data and knowledge remotely from clients, suppliers, contenders, accomplices, and mergers. (Sutton, 2009)
Information
With the help of the above figure, it is found by the researcher that 47 respondents are extremely satisfied with the category that knowledge and data management provides information to the respondents followed with 1 and 2 respondents who were satisfied and average satisfied with the information that is being gathered with data and knowledge management.
Administration
As per the above represented pie chart, the researcher found that there were 49 respondents who were extremely satisfied with the administration in the business and this generates business performance and creates high value with the data and knowledge management. Thus it has been discussed that there were maximum number of respondents who were extremely satisfied with the approaches known well for data as well as knowledge management. (Popsci.com, 2013)
Business performance
With the help of above diagram, it has been found that 45 numbers of respondents were highly satisfied with the level of business performance that could be gained through data and knowledge management. 2 respondents believed that they were average satisfied with the fact that business performance could be achieved through data management.
Learning and capacity
With the help of the diagram above, the researcher believed that 50 respondents were highly satisfied with the parameter known as learning and capacity thus they believed that data and knowledge management could lead to strong learning and high capacity to the organization and its members.
Innovation
With respect to the diagram above, it has been found that maximum number of respondents was extremely satisfied with the fact that data and knowledge management will help the business to lead to innovation. (Theguardian.com, 2014)
Conclusion
Data and knowledge management is basically about getting the privilege learning to the privilege individual at the privilege time. This in itself may not appear to be so intricate, however it suggests a solid attach to corporate procedure, understanding of where and in what structures learning exists, making methodologies that compass hierarchical capacities, and guaranteeing that activities are acknowledged and backed by authoritative parts. The attention is on extremely data management abilities, however with specific specializations. Case in point, in his experience inside engineering administration, they ought to have taken off new arrangements and went about as a contact in the middle of business and innovation. (Dmkk, 2015)
References
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Baskerville, R. & Duplipovici, A. 2006. The theoretical foundations of knowledge management: Knowledge management research and practice. Vol. 4, no. 83-105, pp. 105-107
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|
SL |
Which options are satisfactory for respondents? |
Extremely Dissatisfied |
Dissatisfied |
Average satisfied |
Satisfied |
Extremely Satisfied |
|
1 |
Data and knowledge management |
0 |
0 |
0 |
0 |
0 |
|
2 |
Sharing of knowledge |
0 |
0 |
0 |
0 |
0 |
|
3 |
Knowledge acquisition |
0 |
0 |
0 |
0 |
0 |
|
4 |
Information |
0 |
0 |
0 |
0 |
0 |
|
5 |
Administration |
0 |
0 |
0 |
0 |
0 |
|
6 |
Business performance |
0 |
0 |
0 |
0 |
0 |
|
7 |
Innovation |
0 |
0 |
0 |
0 |
0 |
|
8 |
Learning and capacity |
0 |
0 |
0 |
0 |
0 |
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