Table of Contents
What is the relationship between performance management and knowledge management?
Knowledge Management consists of making sure that the teams and individuals have the know-how they need, to make their task easier and to improve their performance. Knowledge therefore feeds performance, and knowledge is also derived from performance. Performance and Learning can form a closed loop.
What is knowledge and performance?
Knowledge of performance is information about your performance that is independent of results. Knowledge of performance ignores results to look at the performance itself. It is considered an important element of learning and performance improvement.
What is the relationship between LO and KM?
OL requires KM [15]. A LO focuses on the lear- ning process, and KM focuses on the result, the output from the learning process [15]. The aim of KM is to create value for the organisation. It includes activities such as creating, organising, sharing and using know- ledge [31].
What impact does knowledge management have on Organisations?
Knowledge management is important because it boosts the efficiency of an organization’s decision-making ability. In making sure that all employees have access to the overall expertise held within the organization, a smarter workforce is built who are more able to make quick, informed decisions that benefit the company.
How does organizational structure affect knowledge management?
Knowledge management also depends to a considerable extent on the organisation structure. Organizational structure determines the manner and extent to which roles, power, and responsibilities are delegated, controlled, and coordinated, and how information flows between levels of management (BusinessDictionary.com).
What is knowledge of results and knowledge of performance?
Knowledge of results focuses on the end of the performance, for example, the performer’s score, time or position. It is sometimes called terminal feedback. Knowledge of performance focuses on how well the athlete performed, not the end result.
Why is knowledge of performance important?
How knowledge management improves organizational performance?
Organizations are realizing that knowledge management is a valuable instrument in improving their performance. Liang et. al. (2007) found that implementation knowledge management programs enhance an organization competitive advantage and increase productivity.
What are the four dimensions of knowledge management process capabilities?
Knowledge management process capabilities were conceptualized as four dimensional constructs: knowledge acquisition, knowledge conversion, knowledge application, and knowledge protection while organizational performance were divided into two dimensions namely, non-financial performance and financial performance.
What is knowknowledge management?
Knowledge management is regarded as the capability to manage knowledge such as acquiring knowledge from either internal o r external organization, converting it into new strategy or idea, applying and protecting it (Gold, Malhotra, & Segars, 2001).
Does knowledge generation and knowledge flow promote firm performance?
Knowledge generation (KG) and knowledge flow (KF) promote firm performance, while there is not a direct association between knowledge storage and performance. OL mediates the relationship between KG and performance, as well as between KF and performance.