Organisations now realise more and more that the sum of their worth is as closely linked to the balance sheet as it is to their Knowledge. Their Knowledge is an asset and as an asset it needs to be harnessed, directed, leveraged and protected.
Unstructured Knowledge
A large amount of an organisations knowledge resides within documents stored within the corporate network, often filing conventions differ from department to department; therefore, the key to knowledge is the personnel using the filing system.
Knowledge Drain
Employees will leave eventually and of course, they take the sum of their knowledge with them, leaving only what can be understood from the context of a network drive. This highlights the need to know, what they know and to drive that information to the open in working practice, where it can be shared and built upon. Losing an employee often means losing the investment made in the post they held.
Duplication of Effort
How many times has one person shouted “eureka!” only to find out that someone else has already made the same breakthrough? How many times does an organisation have to make a breakthrough? The visibility of knowledge and activity breeds collaboration and collaboration lowers cost, increases efficiencies and provides a platform for the individual to make valuable contributions to the whole.
Successful Knowledge Management
KM is not an IT solution - it’s a culture solution. Successful KM empowers employees with additional information resources, forums to share ideas and furthers their understanding of the organisational objectives and the importance of their role within.
Adepteq understands the requirements for successful KM Implementation
For more information, contact us or call 0844 9988088 to discuss how KM can enhance your business.