information management

(redirected from Knowledge Management)
Also found in: Dictionary, Thesaurus, Medical, Acronyms, Encyclopedia, Wikipedia.
Related to Knowledge Management: Knowledge Management System

information management

the process of gathering, processing and interpreting data both from the firm's external environment and from inside the firm, generally using the information technology provided by COMPUTERS.

All business functions such as production, marketing and distribution involve both physical tasks and parallel information-processing activities. Computers, communications devices and other information technology hardware can be deployed to perform routine accounting, record keeping and order processing functions cheaply and efficiently In addition to these basic data-processing tasks, information technology has enabled firms to collect more data than previously could be handled by the firm and subject it to more detailed analysis. This has the advantage of dovetailing production, marketing and distribution activities within the firm. In addition, greater communication with customers and suppliers through their computers facilitates closer relationships with these customers and suppliers, leading to, for example, just-in-time production and supply (see JUST-IN-TIME (JIT) SYSTEM). Such information technologies as COMPUTER-AIDED DESIGN and COMPUTER-AIDED MANUFACTURE facilitate the rapid development of new products or modification of existing products and the prompt production of such products through FLEXIBLE MANUFACTURING SYSTEMS, thereby allowing the firm to gain a COMPETITIVE ADVANTAGE by responding rapidly to changing customer requirements. See COMMUNICATION, BUSINESS PROCESS RE-ENGINEERING, INTERNET, ECOMMERCE, WORLD WIDE WEB, CUSTOMER RELATIONSHIP MANAGEMENT.

Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson
References in periodicals archive ?
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges of the Knowledge Management
Chapter 4: Presenting the Knowledge Management Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
An appropriate knowledge management strategy can intensify the tendency to exploit the available knowledge via an interactional approach (Miller et al., 2007) which is performed through the development of storage innovations, transfer (for example, the benefit of the knowledge in other places), and application (for example, integration of the sections and knowledge).
Knowledge management strategy has a significant and positive effect on knowledge creation.
Among the recommendations of the KMAV team was organizing training sessions in knowledge management for senior managers and decision makers as key stakeholders.
The results of the Pearson correlation coefficients (Table 3) showed that there was a direct, positive and significant relationship between the total score of knowledge management and creativity in the bachelor and master degree students with moderate and low correlations, respectively.
Of the dimensions of knowledge management, combination with [beta]=0.37 had the highest share in explaining the variables of creativity in bachelor's degree students.
In the era of knowledge, both knowledge management and creativity are taken as the most important and interrelated factors in the long term success of persons and organization.
To examine the association of Organizational Learning and Knowledge Management with socio-demographic variables.
Knowledge management is a new discipline, and it is drawing its theoretical foundation from different disciplines.
The establishment of collaborative design process model can combine the design process and knowledge management closely, which can describe the requested knowledge of designer in the implementation of design tasks.

Full browser ?