W8 Disc Knowledge Management System Essay Example | Topics and Well Written Essays - 250 words

W8 Disc Knowledge Management System - Essay Example Likewise, aside from the internal resources, the manager should also assess the external factors which could influence and affect the organization’s performance: customers, competitors, environmental, and other politico-social factors. The benefits of developing an effective KM system include â€Å"facilitating decision-making, building learning environments by making learning routine, and stimulating cultural change and innovation† (Quast, 2012). A learned, the key ingredients of a KM system could be any of the following: people, processes, and technology; or culture, structure, and technology (What Is Knowledge Management?, n.d.). The approach that should be used depends on the resources and competencies of the organization, especially the people who would use the information in the performance of their roles and responsibilities. As emphasized, â€Å"the idea of a KM system is to enable employees to have ready access to the organizations documented base of facts, sources of information, and solutions† (Knowledge management system, n.d., p. 1). Therefore, it is important to assess the skills and competencies of the organization’s human resources, as well as Quast, L. (2012, August 20). Why Knowledge Management Is Important To The Success Of Your Company. Retrieved from Forbes: