Business Intelligence and Knowledge Management

Basically, Knowledge Management (KM) describesperformance and importance for the organization.
how processes participants (particularly decisionFrom this point of view, Knowledge Management is
processes) utilize all resources (particularly informationfocused in how every key employee of an
resources) to achieve their goals with precision,organization executes her key activities timely, without
accuracy, on time and on budget inside everyerrors, following business rules (or not), how this
organization. In order to reach this objective,business rules are efficient and effective (or not) and
Knowledge Management comprises Informationhow this employee make decisions: which information
Systems for capture and shows participants or userspieces support this decisions and how this information
best expertise, Human Resources Administration forpieces can configure some behaviors (or not).
selecting, take and learn their best talents andAdditionally from this perspective, Business Intelligence
expertise in their knowledge areas, documented andis a tool, a resource to be used for participants to
undocumented procedures with business rules formake decisions. BI describes how organization is
standardize organization's activities and Finance formaking business and how much focused is
quantifying their talent and expertise value,organization about achieving its goals.