Give the definition of knowledge as understood in the context of knowledge management. Enumerate the modes of formation of subjects as propounded by Ranganathan.
In the context of knowledge management, knowledge is defined as the combination of information, skills, and expertise that an organization possesses and can leverage to achieve its goals. Knowledge management is the process of capturing, organizing, and making available the knowledge of an organization to its members, in order to improve the organization's performance.
Ranganathan, a librarian and philosopher, propounded the Five Laws of Library Science, which also applies to knowledge management. The laws are:
- Books are for use.
- Every reader his [or her] book.
- Every book its reader.
- Save the time of the reader.
- The library is a growing organism.
Books are for use: The first law emphasizes the importance of making knowledge and information accessible and usable to those who need it.
Every reader his [or her] book: The second law stresses the importance of providing personalized and relevant information to different users.
Every book its reader: The third law states that every piece of knowledge or information has a specific audience or user, and it's the duty of the library (or organization) to match the right knowledge with the right people.
Save the time of the reader: The fourth law focuses on the importance of making information easily accessible and retrievable in order to save time for the user.
The library is a growing organism: The fifth law emphasizes the importance of continuously acquiring new knowledge and information and updating existing knowledge to keep the library (or organization) current and relevant.
These five laws of Ranganathan provides a framework for organizing, managing and providing access to knowledge resources within an organization, which aligns with the concept of knowledge management.