KM stands for Knowledge management. It is a term related to terminology, Useful Terms and Definitions which we use in daily life but we do not know their full name meaning, Here’s a list of important abbreviations that you should know.
Full Form of KM
The full form of KM is the Knowledge management.
Knowledge management (KM) is the process of creating, sharing, using and managing the knowledge and information of an organization. It refers to a multidisciplinary approach to achieve organisational objectives by making the best use of knowledge.
Here you learn the full name and complete information of knowledge management system, if you have questions and answers related to KM, then tell us your thoughts in the comment, know the complete meaning of KM in this article.
What is Knowledge Management and Origins
The classic one-line definition of Knowledge Management was offered up by Tom Davenport early on (Davenport, 1994): “Knowledge Management is the process of capturing, distributing, and effectively using knowledge.” Probably no better or more succinct single-line definition has appeared since.
Many large companies, public institutions and non-profit organizations have resources dedicated to internal KM efforts, often as a part of their business strategy, IT, or HRMS . Several consulting companies provide advice regarding KM to these organizations.
The knowledge sharing concept and the terminology of KM sprouted within the management consulting community. When the Internet arose, those organizations quickly realized that an intranet, an in-house subset of the Internet, was a wonderful tool with which to make information accessible and to share it among the geographically dispersed units of their organizations.
The term apparently was first used in its current context at McKinsey in 1987 for an internal study on their information handling and utilization (McInerney and Koenig, 2011).
knowledge management system went public, as it were, at a conference in Boston in 1993 organized by Ernst and Young (Prusak 1999). Note that Davenport was at E&Y when he wrote the definition above.
Knowledge Management Software
Knowledge management software (KM software) is a subset of enterprise content management software, which contains a range of software that specializes in the way information is collected, stored and/or accessed.
The concept of knowledge management is based on a range of practices used by an individual, a business, or a large corporation to identify, create, represent and redistribute information for a range of purposes.
Software that enables an information practice or range of practices at any part of the processes of information management can be deemed to be called information management software.
A subset of information management software that emphasizes an approach to build knowledge out of information that is managed or contained is often called knowledge management software.