1. Deliverable 2 – Knowledge-Based Management Strategies
ScenarioKnowledge-Based Management (KBM) Systems allows for the health organization
to employ new methods of processing and analyzing knowledge. KBM promotes knowledge-
based insights to solve problems and aid in decision-making. In healthcare, KBM systems
provide a solution for enhancing operations and improving efficiencies.The long-term care
industry is experiencing unprecedented changes and increased oversight. The changes in
reimbursement models, accreditation standards, and pay for performance initiatives
require skilled leadership in both, the administrator and operations management roles.As
COO of a long-term care facility, you are conducting a training program for newly hired
health care administrators and operations managers. Part of your training involves a review
of the importance of Knowledge-Based Management strategies in the decision-making
process. Prior to the training, you determine that evaluating the use of Knowledge-Based
Management can assist in illuminating the importance of employing knowledge-based
strategies.InstructionsConduct a comprehensive literature review of 10 scholarly journal
articles published within the past 10 years on the topic of Knowledge Based Management.
Suggested areas of focus include: Key components of knowledge management; Dimensions
of knowledge; Processes of knowledge management; the Management of knowledge in the
context of operations management; the Importance of knowledge-based management in
health organizations; and Knowledge management and organizational strategy.The purpose
of the review is to support your assertions that the use of Knowledge-Based Management
Systems will help administrators and operations managers in making key decisions relative
to improving operational efficiencies.