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The most important concepts
The chart below shows the four most important knowledge management concepts. The concepts aim at different goals. According to the needs of a company, concepts can also be combined.

Please click on a concept name to receive more detailed information.

 
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Innovation Management
New knowledge and innovation develop when implicit knowledge is transformed into explicit knowledge. The innovation management concept shows that only a part of this process can be supported by technical tools: In KBC's chart below, this applies to the internalisation and combination processes.

Besides the goals of each process, the most important tools are shown for each process.

 
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Intellectual Capital
The concept of Intellectual Capital supplements the traditional controlling of organisations through financial reporting by using categories to measure the intangible assets of a company. This concept shows a lot of similarities with the "Balanced Scorecard" and can very well be combined with such.

In addition to the goals of measuring and controlling intangible assets, this concept can also be effectively used for marketing. More transparency about core competencies and skills has some definite advantages:

  • Easier acquisition of new customers
  • Improved investor relations
  • Acceleration in finding and binding innovative partners
 
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Process optimisation
The goal of this concept is to optimise business processes with regard to time, costs and quality through knowledge management. Primarily, it attempts to overcome functional barriers. Topic-oriented networks acquire and distribute knowledge across organisations and across business processes.

The overall organisation is based on three levels:
Strategy: Definition of the purpose of knowledge management in alignment with the business strategy and measurement of achievement of objectives.
Demand: Knowledge is applied in the operative business processes.
Supply: Knowledge networks provide the required knowledge for the business processes.


 

Knowledge networks
Knowledge networks have various tools at their disposal:
  • Description of roles and processes to ensure clearly defined responsibilities and smooth operations
  • Technical infrastructure to collect and distribute knowledge
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© KBC 2006