Value of Knowledge Management in Healthcare sector.

 



What is Knowledge Management?

Is knowledge management yet another management fad designed to hold consultants and conference organizers in high-paying jobs while diverting organizations' attention away from bottom-line performance and consumer focus? Is knowledge management a useful metaphor or a modern discipline that helps companies deal with the problems they face at the turn of the twenty-first century? While knowledge management is gaining popularity, much of the literature agrees that there are few, if any, demonstrations of the benefits of adopting it as a company-wide concept or implementation. On the other hand, everybody acknowledges that the knowledge-based society has arrived and that the organizations that can recognize, value, develop, and evolve their knowledge assets will thrive in the global information society. Many people believe that intelligence has become the most important strategic weapon for many companies. Knowledge, rather than capital or labour, is the only meaningful economic resource in the knowledge society, according to Drucker (1993), and Senge (1990) warns that many organizations are unable to act as knowledge-based organizations due to learning disabilities. Companies must evolve or perish, and their ability to learn, adapt, and improve becomes a crucial survival skill. Technology, globalisation, and the evolving knowledge economy are causing a disruption that is pushing businesses to reinvent themselves in new ways. (Rowley, 1999)



The relevance of Adult Higher Education on Knowledge Management in the Healthcare Sector



Adults must be activated in order to achieve optimal learning. Adult students learn better when they are activated and included and active in the teaching process, according to a growing body of research. Involving and involving students in the development of assignments fosters a sense of responsibility. Students will draw on their own job problems, circumstances, and difficulties to address and debate real-world issues with their classmates and lecturer. Many of them are intrinsically or extrinsically inspired to learn more about how to fix problems at work, so this approach could be considered important. Intrinsic motivation refers to the motivation that comes with incentives, pay increases, status, and better employment, whereas extrinsic motivation refers to the motivation that comes with bonuses, pay raises, status, and better jobs, among other items.

Two fundamental needs underpin intrinsic motivation:
1) the desire for self-determination, and
2) the desire for improved competency experience.

According to Deci and Ryan (1985), intrinsic motivation is the "healthiest" because it is linked to an inner urge to succeed. The social cognitive theory explains how people may learn models, skills, and/or behaviours that they may or may not use at the time of learning, but that they may use later when they are inspired and/or the situation is appropriate. Bandura's "perceived capacities to learn or take action at a designated stage" – also known as self-efficacy – added to the social cognitive theory. (Vold and Haave, 2020)

 

By  - Saquib Hussain

Key Words - Knowledge Management, Value of Knowledge Management, Healthcare sector


Bibliography -

Rowley, J. (1999) ‘What is knowledge management?’, Library Management, 20(8), pp. 416–420. doi: 10.1108/01435129910291175.

Vold, T. and Haave, H. M. (2020) ‘Relevance of Adult Higher Education on Knowledge Management in the Healthcare Sector’, Electronic Journal of Knowledge Management, 18(3), p. pp236‑254-pp236‑254. doi: 10.34190/EJKM.18.03.004.





 

 

 

Comments

  1. Fernando BrambilaApril 6, 2021 at 1:41 PM

    That is an excellent piece of information. Knowledge management is well-known as a discipline that encourages an integrated approach to defining, documenting, and analysing, extracting, and sharing all of an organisation's information assets. The aim is to promote organisational learning and develop a learning culture in which information sharing is promoted. Those who want and learn to improve themselves can do so easily. Knowledge management is essential because it improves an organisation's decision-making performance. By ensuring that all workers have access to the organisation's broad expertise, a more competent workforce is generated that is better equipped to make fast, insightful decisions that support the corporation.

    ReplyDelete
  2. Daniel Taiwo EnisanApril 11, 2021 at 3:54 PM

    Great piece of writing. Knowledge management has to become the new key focus of organizations. As much the investment in labor and capital are essential, knowledge and furthermore skills are the key investments that keeps organizations that intend to stay afloat for long term. This does diminish the fact that intrinsic motivations must exist as this can the major factor to keep the employee in check and glued to stay motivated for the required task. Often times, company heads realize how important knowledge management is keeping their employees interested and they begin to work on ways to achieve this while it is possible.

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