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HR in Knowledge Era
HR in Knowledge Era
Backgrounder What is Knowledge What is Knowledge Management Knowledge Management & Learning Organisations Intellectual Capital Knowledge Management & HRD HRM in Knowledge era v/s Traditional Era
BACKGROUNDER
Over the years progressive transformation of economies has taken place from agrarian to industrial to information economy. Such transformation has been driven by one single factor Knowledge Knowledge belongs to an individual & creation of knowledge is a gradual process.
WHAT IS KNOWLEDGE
Whereas data is easily transformed into information, it is not the same when information is transformed into knowledge. And knowledge can further transform into intelligence & thereafter into wisdom. Further, knowledge can be categorised as explicit & tacit
Knowledge Management & HRD - Contd Where knowledge is to be codified, organizations will have to invest in suitable information & communication technology & provide connectivity to employees. Besides, a reward system should be evolved to incentivise knowledge sharing & contributing to the data base. Under the personalization strategy, people would require one to one monitoring & the experts need to be rewarded for sharing their knowledge with others. The role of the Chief HRD & the Chief knowledge Officer has therefore to be complementary.