Business Intelligence and data Management
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Basically, Knowledge Management (KM) describes how processes participants (particularly decision processes) utilise all resources (particularly information resources) to achieve their goals with precision, accuracy, promptly and on budget inside every organization. In order to reach this objective, Knowledge Management comprises Computer for capture and shows participants or users best expertise, Recruiting Administration for selecting, take and discover their best talents and understanding their knowledge areas, documented and undocumented procedures with business rules for standardize organization's activities and Finance for quantifying their talent and expertise value, performance and importance for the organization.
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From this point of view, Knowledge Management is focused in how every key employee of the organization executes her key activities timely, without errors, following business rules (or otherwise), how this business rules are effective and efficient (or not) and how this employee decide: which information pieces support this decisions and how this information pieces can configure some behaviors (or otherwise not).
Additionally from this perspective, Business Intelligence can be a tool, a resource for use for participants to produce decisions. BI describes how organization is making business and the way much focused is organization about achieving its goals.
Business Intelligence is all about organization's performance, Knowledge Management is all about organization's behavior in order to obtain the best way to make best business activities (particularly decisions). Here is the key about those two definitions. Other way to know these definitions, differences and relationships is: BI describes the performance of organization's activities and KM describes the organization's components activities that leave the obtained performance. BI captures and tries to improve business results, KM captures and tries to improve organization processes and activities.
Business Intelligence information Management together are capable to dramatically improve functionality of any organization, but it is necessary to understand, plan and apply every implementation carefully. All BI and KM implementations should be fully supported by all organization's stakeholders and executive levels. Making use of their full commitment, this equipment can boost all organization's personnel productivity and, of course, profitability.Business Intelligence and data Management
Basically, Knowledge Management (KM) describes how processes participants (particularly decision processes) utilise all resources (particularly information resources) to achieve their goals with precision, accuracy, promptly and on budget inside every organization. In order to reach this objective, Knowledge Management comprises Computer for capture and shows participants or users best expertise, Recruiting Administration for selecting, take and discover their best talents and understanding their knowledge areas, documented and undocumented procedures with business rules for standardize organization's activities and Finance for quantifying their talent and expertise value, performance and importance for the organization.
From this point of view, Knowledge Management is focused in how every key employee of the organization executes her key activities timely, without errors, following business rules (or otherwise), how this business rules are effective and efficient (or not) and how this employee decide: which information pieces support this decisions and how this information pieces can configure some behaviors (or otherwise not).
Additionally from this perspective, Business Intelligence can be a tool, a resource for use for participants to produce decisions. BI describes how organization is making business and the way much focused is organization about achieving its goals.
Business Intelligence is all about organization's performance, Knowledge Management is all about organization's behavior in order to obtain the best way to make best business activities (particularly decisions). Here is the key about those two definitions. Other way to know these definitions, differences and relationships is: BI describes the performance of organization's activities and KM describes the organization's components activities that leave the obtained performance. BI captures and tries to improve business results, KM captures and tries to improve organization processes and activities.
Business Intelligence information Management together are capable to dramatically improve functionality of any organization, but it is necessary to understand, plan and apply every implementation carefully. All BI and KM implementations should be fully supported by all organization's stakeholders and executive levels. Making use of their full commitment, this equipment can boost all organization's personnel productivity and, of course, profitability._