Knowledge Management and Inter Civilization Dialogue: A Peaceful Solution of Global Financial Crises Rana Zamin Abbas A G Ghaffari

Purpose To demonstrate knowledge as power, definitions and sources of KM, KM strategies & similarities between organizations and civilizations. To highlight knowledge Management at organizational level (micro level) as well as at civilizational level (macro level). To identify the root cause of international financial crisis with reference to civilizational insights from literature. To highlight the importance of inter-civilization dialogue. To suggest the KM as a strategy to combat global financial crises to achieve the global peace

Introduction In 1597, Francis Bacon wrote, “knowledge is power” (Barclay, 2000). In 1962, at a White House reception honoring Nobel Prize winners, President John F. Kennedy said, “in a time of turbulence and change, it is truer than ever that knowledge is power.” There will be no poor countries. There will only be ignorant countries” (Anonymous, 1995).

Knowledge Management Definitions and Sources A mindful strategy of getting the precise knowledge to the right people at the precise time and helping people share and place information into action in methods that attempt to develop organizational performance. Knowledge management is a cross-disciplinary field drawing from a wide range of technologies

Knowledge Management Strategy KM strategy is the process of generating, codifying, and transferring explicit and tacit knowledge within an organization, getting the right information, to the right people, in the right place and at the right time

Knowledge Awareness 1.What We Know We Know What We Know We Don’t Know What We Don’t Know We Know What We Don’t Know We Don’t Know EmphasisKnowledge sharing, access and inventory Knowledge seeking and creation Uncovering hidden or tacit knowledge Discovering key risks, exposures and opportunities ToolsBench marking, communitie s of practice R&D market research, competitive intelligence Knowledge, maps, audits, training and networks Creative tension, audits, dilemmas, complexity science. At Organizational Level (A Knowledge Portfolio)

Both have ten perspectives.Both need strategic thinking (logic and creativity: rational thinking and generative thinking) for advancement. Both need strategy formation.Both need strategic change (revolution and evolution: discontinuous change continuous change. Both work with markets and resources: outside in and inside out Both work with responsiveness and synergy : with their portfolio and core competence Both have sense of competition and cooperation. Both have the sense of compliance and choice: have evolution and creation perspective Both have the elements of control and chaos: leadership and organizational dynamics Both are confronting globalization and localization: Global convergence and international diversity Both have the sense of the purpose (profitability and responsibility: share holder value and stakeholder value

Indian Civilization Chinese Civilization western Civilization Muslim Civilization Crises of ValuesPeaceEqualityFreedomJustice Confrontation of Prevailing Disciplines Culture as Discipline History as Discipline Science as Discipline Religion as Discipline Overlapping of Forms of Consciousness Aesthetic consciousness Moral Consciousness Speculative Consciousness God Consciousne ss Divergence of essential convictions Belief in EarthBelief in PastBelief in Present Belief in Future

Suggestions of International Leaders Khatami Kofi Annan Spanish Prime Minister Jose Luis Rodriguez Zapatero

Time for Questions Thank You