A Chief Knowledge Officer is an organizational leader, responsible for ensuring that the organization maximizes the value it achieves through "knowledge". CKO is not just a relabelling of the title "Chief Information Officer" - the CKO role is much broader. CKOs can help an organization maximize the returns on investment in knowledge (people, processes and intellectual capital), exploit their intangible assets (know-how, patents, customer relationships), repeat successes, share best practices, improve innovation, and avoid knowledge loss after organizational restructuring. The Chief Information Officer or CIO is a job title for a manager responsible for information technology within an organization, such as a listed company or an educational institution. ... Intellectual capital is a term with various definitions in different theories of economics. ... A patent is a set of exclusive rights granted by a state to a person for a fixed period of time in exchange for the regulated, public disclosure of certain details of a device, method, process or composition of matter (substance) (known as an invention) which is new, inventive and... The term best practice generally refers to the best possible way of doing something; it is used in the fields of business management, software engineering, and medicine. ...

CKO responsibilities include such things as (1) developing an overall framework that guides knowledge management, (2) actively promoting the knowledge agenda within and beyond the company, (3) overseeing the development of the knowledge infrastructure, and (4) facilitating connections, coordination and communications. // Definitions of Knowledge Management There is nothing essentially new in the basic concept of managing knowledge, even though as a new discipline it has emerged only recently and, given its newness is still developing its theoretical home. ...

CKO's must have skills across a wide variety of areas. They must be good at developing/understanding the big picture, advocacy (articulation, promotion and justification of the knowledge agenda, sometimes against cynicism or even open hostility), project and people management (oversight of a variety of activities, attention to detail, ability to motivate), communications (communicating clearly the knowledge agenda, have good listening skills and be sensitive to organizational opportunities and obstacles), leadership, teamworking, influencing, and interpersonal skills. The CKO who successfully combines these skills is well equipped as an excellent agent of change for their organization. Leadership can refer both to the process of leading, and to those entities that do the leading. ... This article needs to be cleaned up to conform to a higher standard of quality. ...

Create A Vision For The KM Initiative & Providing A Leader

Sunassee and Sewry ¹ argue that top management needs to create and share a vision for the knowledge management initiative. The vision is the long-term strategy that will drive the knowledge management initiative and provide the scope within which the knowledge management effort and the organization will grow. The vision should also encompass the core beliefs and values of the organization.

The creation of the vision can be done in two ways. Top management can either appoint a chief knowledge officer (CKO), who will create the vision, or they can create a vision and entrust the CKO to carry it out. It is extremely important at this point that the employees of the organization are allowed to share in the making of vision of the organization. This will create a sense of belonging for the employees, and allow them to participate in the change process. It will also make them accept the change process more readily than if they were not allowed to participate in it. This process will ideally

Knowledge Life-Cycle

Sunassee and Sewry ¹ propose a knowledge life-cycle in order to create and maintain individual and organizational learning in the organization:

• 1. Create New Knowledge
• 1.1 Identify new knowledge
• 1.2 Identify old & existing knowledge
• 2. Identify Knowledge relevant to organization
• 3. Verify selected Knowledge
• 4. Capture & Organize Knowledge
• 5. Disseminate & Use Knowledge
• 6. Combine new knowledge and re-evaluate assumptions to Create Knowledge

The CKO should actively manage all stage of the knowledge life-cycle, but most importantly encourage people to disseminate knowledge, and to use it. The last step of the cycle involves re-evaluating assumptions held by the organization and using these new assumptions with the knowledge created by the organization to create new knowledge. This process will generate innovative knowledge and allow the organization to produce innovative products and business processes.

Other CKO Tasks ¹

• Encourage Individual Learning and Innovative Thinking
• Implement Reward Plans and Incentives
• Determine what technology is needed for the knowledge management effort and implement these technologies.
• Put processes in place in order to facilitate the creation of organizational learning.
• Measure the impact of knowledge management on the business.

Appendices

References

¹ Nakkiran N Sunassee and David A Sewry, “A Theoretical Framework for Knowledge Management Implementation”. ACM International Conference Proceeding Series; Vol. 30. Proceedings of the 2002 annual research conference of the South African institute of computer scientists and information technologists on Enablement through technology, Port Elizabeth, South Africa, p. 235 – 245. [1]