The concept of knowledge is difficult to define; similarly the concept of the Knowledge Management (KM) is also difficult to explain in words (Lloria, 2008). However, defining the concept of KM is somewhat similar to that of the knowledge itself. According to the Lehaney and his team of worker (2004), the process of knowledge management is defined as process of systematic organisation planning, scheduling, development of people, monitoring the process and the technology of the organisations under stringent targets and feedback mechanisms. The information gathered through knowledge management helps in the achievement of the strategic aims that in turn helps in the improvement of the competitiveness and subsequent improvement of the overall performance of the organisation upon several grounds like financial, political, legal, technical and cultural (Lehaney et al., 2004).
The flow of the knowledge within the organisation takes place under the effective KN system (KM). There are several components of the KMS
According to Cross (1998), Knowledge management is the discipline of creating a thriving work and learning environment that fosters the continuous creation, aggregation, use and re-use of both organizational and personal knowledge in the pursuit of new business value”. This concept of Cross can be clearly represented in this via unidirectional diagrams as given below.
The aspect of knowledge management is closely integrated with organizational learning. The KM initiatives help the organization in embedding knowledge within the organizational processes for improving the practise and behaviour, for achievement of the process goals and outcomes (Wirtz et al., 2016). The knowledge is created through four patterns of interactions such as-socialization, externalization, combination and internalization.
Socialization is the process of the development of common tactic knowledge through interactions including- imitation, apprenticeships or observations. Externalization is the process of articulation of tactic knowledge into explicit knowledge by means of metaphors, sketches and analogies. Combination is the process of assembling of new and existing knowledge into systematic knowledge, which can be used to design the prototype of a new product. The process of internalization helps in the conversion of explicit knowledge into tactic knowledge.
This concept of knowledge management can further be subdivided into various categories where the beneficial side of the KM in the improvement of the overall organizational setup can be explained clearly.
Transactional KM states that the use of the knowledge is totally inclined over the technology of application. Here a defined set of knowledge is presented to the users who are associated with the system. This helps to complete a unit or work or a process of transaction on time (Birasnav, 2014). For example the rules of handling an order or managing customer query. In this module, the knowledge is pre-packed and then delivered to the user during the course of interaction. Interaction here occurs with the system at the time of customer transaction or while handling any customer problem. In transactional KMS, there is always a choice for the user regarding how he or she wants to channelize the knowledge (Binney, 2001).
Analytical KM bestows interpretations or creation of completely new from od information. This information is extracted either vast amount or in disparate sources of material. The application of analytical KM deals with large amount of information or data that are specifically are utilised to extract patterns and trends. Analytical information generally remains hidden due to its vastness and difficult of turning the data into information (Rollett, 2012). There are several applications of traditional analytical KM. Few of the notable application involve of the analytical KM is proper management of the information systems along with data warehousing. Here the data or the information are generated internally, within the organisation and are mainly focused on the customer-related information. It helps in product development and assists in other areas of marketing (Binney, 2001).
Asset Management KM is mainly focused on the process that is inclined towards the management of the assets that are solely based on the knowledge. Asset Management involves two main things like management of the explicit knowledge and management of the intellectual properties (IP). It also deals with the processes that have evolved surrounding the exploitation, proper identification and subsequent protection of the IP (Ang, 2014). The knowledge about the asset is the by product of doing-business and are mostly unknown during the time of creation of the business. This is because; capturing product development history requires some sort of intervention (Binney, 2001).
Process-based KM encompasses the improvement and codification of the process and refers to the work procedures and practices or other associated methods. Process-based KM can also be defined as an outgrowth of the other associated disciplines. The discipline under the banner of process-based KM includes process reengineering (Alegre, Sengupta & Lapiedra, 2013). The knowledge produced in this particular category is popularly. This knowledge is frequently termed as “engineered assets” and it is utilised by the third parties or other specialists who are working along with the practitioners to document these best practices (Binney, 2001).
Developmental KM applications are mainly focused on the increasing capabilities and competencies of a particular group of workers of the industries. This is kind of KM is increasing popular in the corporate world as it involves in the productive investment in the human capital. The developmental KM is mostly based on both explicit and tacit knowledge (Binney, 2001). The developmental knowledge that is shared within the employees can be sub-divided into tacit or explicit knowledge. Under the banner of explicit knowledge, the users are free to collaborate their values and the use of the knowledge. Tacit knowledge is defined as a process of knowing how. This form of knowledge is strictly embedded inside the human brain that is it is a kind of personalized knowledge that is gained during the course of life. Tacit knowledge is difficult to share via verbal exchange of data and manual documentation of the data. The concept of tacit knowledge is associated with the skills of individual while staying embedded within the context. Thus tacit knowledge with its versatility of the terms are frequently entitled as multidimensional knowledge that is specific to content and is completely inclined towards any particular practice and thus it is practice related. However, there are certain challenges towards in proper implementation of the tacit knowledge like proper identification of the concept from the tacit knowledge and its successful implementation as explicit knowledge (Hislop, 2013). Under the banner of the developmental KM, the majority of the applications cover the proper transfer of the explicit knowledge. The transfer of explicit knowledge takes place under proper planning and interventions of the tacit knowledge via the process of developmental interventions like experimental assignments or memberships in a particular community of interest (Huang, Hsieh & He, 2014).
The sharing of knowledge is critical for success of a firm at present day’s competitive market. Effective encouragement of the employees to share important or helpful information across several sectors of the organisations can increase the firm’s competitiveness and thereby helping the firm to sustain their financial advancements (Hau et al., 2013). Numerous studies that have been carried on the organisations has proven that the sharing of the knowledge among the employees or the team members is crucial for maintaining high standards in the groups along with organizational productivity (Liu & Phillips 2011; Lindner & Wald 2011). It also helps in the promotion of the employee capability and innovations (Andreeva & Kianto, 2012).
The health of the population is important for disease prevention, promotion of the healthy life initiatives and framing of the health policies (Craig et al., 2012). GlaxoSmithKline is a well-known health care enterprise that is cherished around the world for its enriched source of information and sophisticated pool of knowledge. Since its inception, GlaxoSmithKline has modified their range of health care and pharmaceutical products based on KMS and thereby promoting the sustainable development of the company in the global scale (Nisen & Rockhold, 2013). KMs also bestowed the company with operationalize knowledge in the domain of healthcare which has helped the company to formulate their strategic decision making (Von Krogh, 2012).
Health care sectors under whose banner GlaxoSmithKline belongs is considered to be data rich as they are capable of generating huge amount of relevant scientific data like data of the successful clinical trials, new drug related discovery, disease gene related information and other benchmark findings including administrative reports (Ryan et al., 2012). Thus GlaxoSmithKline gives importance of the KMS under the banner of the Data Mining. GlaxoSmithKline has facilitated the migration of the empirical raw data towards the source of empirical knowledge that can deliver an effective window for the proper internal dynamics of the health care enterprise. In GlaxoSmithKline the main source of knowledge came from the several scientific sources like information related to infectious disease, threats towards bioterrorism and other large scale disasters and lifestyle disease. GlaxoSmithKline knowledge management system targets these sectors of health threats and modifies their product-line up accordingly.
The concept of the KMS in case of GlaxoSmithKline s effective exchange of the both explicit and tacit information in order to successful operate difficult bio health scenario like emergencies and disaster response. Here the tacit knowledge is an important resource that is the principal determining feature for any healthcare bodies who are dealing with public health concerns (Kothari et al., 2012). The health care practitioners who are serving for GlaxoSmithKline promote development of new medicines for the successful treatment of the fatal diseases via effective implementation of the tacit and explicit knowledge (Kothari et al., 2012).
Table: Examples of other firms and their application of knowledge management
Accenture: Its main strength is information technology management. For example, Lotus software is identified partner of Accenture and it clearly describes the effective use of the knowledge as a as the substitute word for information. |
Cap Gemini: Here the concept of knowledge management is embedded with the management of the sustainable intellectual capital. |
Deloitte and Touch: Here knowledge management is facilitated under the banner of the intellectual approach that promotes capture, creation, organisation and access of the adequate enterprise information |
McKinsey and Company: here knowledge is used as a term that is synonymous to information |
Price water house coopers: Here KM is accessed as “intellectual asset management practise where the majority of the issues are related with licensing and merger & acquisition of the intellectual assets. |
(Source: Wilson, 2002)
In spite of wide range of popularity of the concept of KM in several sectors of the corporate organization, T.D. Wilson in the year 2002 opined that “Knowledge management is an umbrella term for a variety of organisational activities, none of which are concerned with the management of knowledge”. The same concept has been further verified by Mohamed Ragab and Amr Arisha in the year 2013. According to them, there are several overlapping areas in the knowledge management. This is due to the fact that KM has no clear boundaries and on contrary, heterogeneous in nature that generates overlapping with several other domains.
With advent of numerous business firms have increased the competition in the business world. The companies, in order to sustain their position in this competitive global market, keep a constant watch on the market growth. They also reduce their number of cycles and operate with minimum fixed number of assets while reducing their time devoted for the product development.
Human Resource Management System (HRMS) is plays a crucial role in contributing to the proper management of the organisational knowledge (Daley, 2012). For the proper movement of the organisation, the technology needs to satisfy the gaols and the challenges of the organization. One of the principal challenges that are being faced by the managers regarding is, how to sustainably manage the organizational knowledge (Koenig & Srikantaiah, 2004). The knowledgeable workers are stalwarts starting from the marketing professionals, HR managers, project managers, business analyst and software engineers. Knowledge is the principal component of their work and hence they consume and also simultaneously generate knowledge on daily basis (Bratton & Gold, 2012).
Moreover, the concept of the tacit management or explicit management is not that popular among the employees in the organisation too. In the majority of the organisation, at least 20% of the employees are capable of generating at least 80% of the knowledge. Those who are the sole contributor of knowledge development do so only for the benefit of the organisation or for the benefit of the fellow employees. However, they only get rewarded if the knowledge generated by them is used or cited for any purpose of the organisation. In order to motivate the employees incentive schemes are used as a tertiary pillar for the optimal performance management (Rasula, Vuksic & Stemberger, 2012). These incentive schemes come in the form of annual bonuses or monthly reward.
GlaxoSmithKline is a UK based second largest healthcare and pharmaceutical company. GSK are the industry leaders claiming seven percent of the share of the World’s pharmaceutical market. GSK is researching into medicines and vaccines for the three priority diseases enlisted by the World Health Organization which are HIV/AIDS, tuberculosis and Malaria. Some of the consumer health brand names of GSK are –Tum, gaviskon, Sensodyne, Aquafresh toothpastes, spectro gel skincare products, which are household names in the United States and around the world. The driving force behind the company’s business is science. The organization has a separate research and developmental wings for providing products of best quality to the target consumers.
The intellectual capital of the organization can also be referred to over here, which helps in strengthening the core assets of the company. GlaxoSmithKline focuses upon strengthening its position in the inflammation markets by acquiring the patent rights of the important discoveries (“Home | GSK”, 2017). However, the same often results in the development of a number of ethical dilemmas within the organization owing to disparity between the staff and the management. As commented by Ostrom, Parasuraman, Bowen, Patricio & Voss (2015), there are much more important assets within an organization than its products. An important resource base of the organization is its staff or workforce. Therefore, the intellectual capital assets should be focussed upon the training and the development of the staffs. In this respect, disparity is often faced with regards to claiming for the intellectual capital. As per the company directive any new discoveries made by the organization belong to the sole discretion of the company. The employees claiming to have made the discoveries cannot claim for the patents rights of the same. As commented by Meyer & Peng (2016), the internal disparities often results in huge number of employee turnover. In this regard, the GlaxoSmithKline Company provide royalty bonus to its R&D staffs for motivating them further.
IT provides several functionalities that enable effective knowledge management. It plays an important role in supporting the knowledge creation. For example, active socialization demands logical exchange of words between two or more interactive persons who have identical or nearly similar overlapping interests. Numerous organization set up yellow pages that enlist experts and their related domain of expertise (Von Krogh 2012). These yellow pages facilitate socialization via pointing to the source of the tacit knowledge. The storage and retrieval of the functions are the main application of yellow pages. The search process associated with these yellow pages is enhanced via information technology.
Information and Communication Technology (ICT) can be used to provide education to everyone and everywhere. The usefulness and Quality of the ICT enabled teaching and learning depends upon instructional design and appropriateness of the delivery services. In this respect, some workers may be capable of autonomous learning wholly by online means, whereas others may need face-to –face or slight mentoring. The implementation of ICT helps in redefining the role of the teacher from instructor to that of constructor, which helps in facilitating the learning environments. However as argued by Rasula, Vuksic & Stemberger, (2012), most of the ICT based training methods are available for white –collars working in large organizations. It also needs to be made available for small scale organizations. Some of the tools which could be used for effective knowledge management within organizations are –intranets, portals and collaborative tools. The GlaxoSmithKline posts important notification regarding its products and policies to the employees directly through its portal. This helps in keeping the workforce updated regarding current developments as well as educates them regarding the present market trends.
The intranet is a private hub that can be accessed by the authorized users within a business organization. It is used for internal communication and collaboration between various departments within the organization. As commented by Meyer & Peng (2016), the ICT help sin bridging of the communication gap. The implementation of the ICT tools can help in tracking down the issue faced by the consumers. Here, GlaxoSmithKline maintains separate ticketing software to offer a 360 degree approach to customer support and service (“Home | GSK”, 2017).
Thus from the above discussion, it can be concluded that the domain of KM is currently challenged with the theory-practice gap. This gap has numerous indicators and one of the major indicators is the vast majority of the KMS framework that has been presented in their conceptual forms and hence fails to offer proper action plans for optimized implementation. The proposed concept of KM has no pragmatic applications in the real world. This concept is relevant in the present scenario of the competitive market. Thus sharing of information mainly promotes employee performance and thus promoting companies financial as well as market success. So in order to promote a working KMS, several sectors of the organization must come forward. The Pharma industries must also come forward towards effective promotion of the KMS in order to create a thriving learning and work environment that is capable of fostering continuous creation of information, sharing of knowledge and use and the reuse of both organisation and personal knowledge.
References
AF Ragab, M., & Arisha, A. (2013). Knowledge management and measurement: a critical review. Journal of Knowledge Management, 17(6), 873-901.
Alegre, J., Sengupta, K., & Lapiedra, R. (2013). Knowledge management and innovation performance in a high-tech SMEs industry. International Small Business Journal, 31(4), 454-470.
Andreeva, T., & Kianto, A. (2012). Does knowledge management really matter? Linking knowledge management practices, competitiveness and economic performance. Journal of knowledge management, 16(4), 617-636.
Ang, A. (2014). Asset management: A systematic approach to factor investing. Oxford University Press.
Becerra-Fernandez, I., & Sabherwal, R. (2014). Knowledge management: Systems and processes. Routledge.
Binney, D. (2001). The knowledge management spectrum–understanding the KM landscape. Journal of knowledge management, 5(1), 33-42.
Birasnav, M. (2014). Knowledge management and organizational performance in the service industry: The role of transformational leadership beyond the effects of transactional leadership. Journal of Business Research, 67(8), 1622-1629.
Bratton, J., & Gold, J. (2012). Human resource management: theory and practice. Palgrave Macmillan.
Craig, P., Cooper, C., Gunnell, D., Haw, S., Lawson, K., Macintyre, S., Ogilvie, D., Petticrew, M., Reeves, B., Sutton, M. and Thompson, S., 2012. Using natural experiments to evaluate population health interventions: new Medical Research Council guidance. J Epidemiol Community Health, pp.jech-2011.
Daley, D. M. (2012). Strategic human resources management. Public Personnel Management, 120-125.
Earl, M., 2001. Knowledge management strategies: Toward a taxonomy. Journal of management information systems, 18(1), pp.215-233.
Hau, Y.S., Kim, B., Lee, H. & Kim, Y.G. (2013). The effects of individual motivations and social capital on employees’ tacit and explicit knowledge sharing intentions. International Journal of Information Management, 33(2), pp.356-366.
Hislop, D. (2013). Knowledge management in organizations: A critical introduction. Oxford University Press.
Home | GSK. (2017). Gsk.com. Retrieved 19 December 2017, from https://www.gsk.com/
Huang, X., Hsieh, J. J., & He, W. (2014). Expertise dissimilarity and creativity: The contingent roles of tacit and explicit knowledge sharing. Journal of Applied Psychology, 99(5), 816.
Koenig, M. E., & Srikantaiah, T. (Eds.). (2004). Knowledge management lessons learned: What works and what doesn’t. Information Today, Inc..
Kothari, A., Rudman, D., Dobbins, M., Rouse, M., Edwards, N., & Sibbald, S. (2012). The use of tacit and explicit knowledge in public health: a qualitative study. Implementation Science, 7(1), 20.
Lehaney, B. ed., (2004). Beyond knowledge management. Idea Group Publishing, London.
Lindner, F., & Wald, A. (2011). Success factors of knowledge management in temporary organizations. International Journal of project management, 29(7), 877-888.
Liu, Y., & Phillips, J. S. (2011). Examining the antecedents of knowledge sharing in facilitating team innovativeness from a multilevel perspective. International Journal of Information Management, 31(1), 44-52.
Lloria, M. B. (2008). A review of the main approaches to knowledge management. Knowledge management research & practice, 6(1), 77-89.
Meihami, B., & Meihami, H. (2014). Knowledge Management a way to gain a competitive advantage in firms (evidence of manufacturing companies). International Letters of Social and Humanistic Sciences, 3, 80-91.
Meyer, K. E., & Peng, M. W. (2016). Theoretical foundations of emerging economy business research. Journal of International Business Studies, 47(1), 3-22.
Nisen, P., & Rockhold, F. (2013). Access to patient-level data from GlaxoSmithKline clinical trials. New England Journal of Medicine, 369(5), 475-478.
Ostrom, A. L., Parasuraman, A., Bowen, D. E., Patricio, L., & Voss, C. A. (2015). Service research priorities in a rapidly changing context. Journal of Service Research, 18(2), 127-159.
Rasula, J., Vuksic, V. B., & Stemberger, M. I. (2012). The impact of knowledge management on organisational performance. Economic and Business Review for Central and South-Eastern Europe, 14(2), 147.
Rollett, H. (2012). Knowledge management: Processes and technologies. Springer Science & Business Media.
Ryan, P. B., Madigan, D., Stang, P. E., Marc Overhage, J., Racoosin, J. A., & Hartzema, A. G. (2012). Empirical assessment of methods for risk identification in healthcare data: results from the experiments of the Observational Medical Outcomes Partnership. Statistics in medicine, 31(30), 4401-4415.
Von Krogh, G. (2012). How does social software change knowledge management? Toward a strategic research agenda. The Journal of Strategic Information Systems, 21(2), 154-164.
Wilson, T. D. (2002). The nonsense of knowledge management. Information research, 8(1), 8-1.
Wirtz, B. W., Pistoia, A., Ullrich, S., & Göttel, V. (2016). Business models: Origin, development and future research perspectives. Long Range Planning, 49(1), 36-54.
Essay Writing Service Features
Our Experience
No matter how complex your assignment is, we can find the right professional for your specific task. Contact Essay is an essay writing company that hires only the smartest minds to help you with your projects. Our expertise allows us to provide students with high-quality academic writing, editing & proofreading services.Free Features
Free revision policy
$10Free bibliography & reference
$8Free title page
$8Free formatting
$8How Our Essay Writing Service Works
First, you will need to complete an order form. It's not difficult but, in case there is anything you find not to be clear, you may always call us so that we can guide you through it. On the order form, you will need to include some basic information concerning your order: subject, topic, number of pages, etc. We also encourage our clients to upload any relevant information or sources that will help.
Complete the order formOnce we have all the information and instructions that we need, we select the most suitable writer for your assignment. While everything seems to be clear, the writer, who has complete knowledge of the subject, may need clarification from you. It is at that point that you would receive a call or email from us.
Writer’s assignmentAs soon as the writer has finished, it will be delivered both to the website and to your email address so that you will not miss it. If your deadline is close at hand, we will place a call to you to make sure that you receive the paper on time.
Completing the order and download