2. A Knowledge Management Approach to Marketing and the Advent of Customer Knowledge Management
discipline. This may help us unlock and mobilize comes information. Knowledge is created when
precious knowledge about KM that is imprisoned information is transformed into capabilities for
in local pockets scattered in different business effective action, in other words when informa-
areas, particularly in CRM. Complaint and service tion is used and disseminated between people in
failure recovery is one of context application. documented form or in interaction (Rollins and
Based on extant literature, the chapter in hand Halinen 2005).
looks at the knowledge management approach According to Spiegler (2003), the data-infor-
to business in general, and to marketing in par- mation-knowledge traditional hierarchy ascertains
ticular. Then, it focuses on the integration of KM that technology is a means, and knowledge the
in CRM thus leading to the advent of Customer result of the production process, while the re-
Knowledge Management per se (CKM). Finally, versed approach presents knowledge as feeding
complaint management processes are presented back information to become itself data and to
as illustrations of CKM. provide a renewed KM system. This means that
knowledge precedes data and determines the type
of data to collect.
CORE CONCEPTS OF KNOWLEDGE According to the same author knowledge pro-
duction is a continuous cycle that is based on the
Data, Information and Knowledge traditional data-information-knowledge hierarchy
and the new knowledge-information-data hier-
Understanding what knowledge means is impor- archy because the data-information-knowledge
tant in exploiting knowledge management in or- is perceived as a cycle where data is posited as
ganisations. In understanding what knowledge is, a starting point as and as a result of information
one needs to start with clarifying the more widely and where information is a starting point and the
confused terms: data, information and knowledge. end result of knowledge.
Knowledge is becoming more and more valu- The data-information-knowledge cyclical rela-
able for organisations and is now recognised as a tionship is presented hereafter as a loop whereby
resource that is useful to an organisation’s ability wisdom results from knowledge and reality is ac-
to innovate and compete. Knowledge constitutes cessed through data (Spiegler 2003; see Figure 1).
the anchor of the marketing concept. Marketing
intelligence, i.e. gathering data about market Tacit/Explicit Knowledge and Modes
including customers and competitors from vari- of Knowledge Conversion
ous sources and sharing it within an organisation
has long been the focus of the market orientation There seems to be a congruence of understand-
philosophy (Rollins and Halinen 2005). ing that Knowledge can be either explicit or tacit
Technological developments have fostered the and scholars often use the word knowledge to
discussion around the role of knowledge. Tech- mean both. Explicit knowledge, also known as
nology and knowledge are not substitute. While formal or codified knowledge, can be expressed
organisations are geared towards acquiring the by words and numbers and can be shared by
latest developments, knowledge is perceived a IT-systems, whereas tacit knowledge, known as
strategic advantage. KM is believed to go beyond implicit knowledge is unspoken and hidden. It
information systems, decision support systems, is knowledge that is held in workers’ minds and
and data management systems. embedded in the fulfilment of their job which is
Data presents observations and facts. When hard to formalise and communicate.
data is placed in some meaningful context it be-
1031
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