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KNOWLEDGE MANAGMENT

What is Knowledge Management (KM) in the context of banking organizations?
Knowledge Management is the systematic process of capturing, organizing, sharing, and effectively using knowledge within an organization to enhance performance and achieve strategic goals.
What is 'Knowledge Codification' in the context of organizational KM?
Converting tacit knowledge into documented explicit form for reuse.
What are the two primary types of knowledge recognized in Knowledge Management?
The two primary types are explicit knowledge (documented, codifiable information like manuals and reports) and tacit knowledge (personal, experiential know-how residing in individuals' minds).
What is 'Combination' in Nonaka's SECI model of knowledge conversion?
Combining multiple explicit knowledge sources to create new explicit knowledge.
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