Company Knowledge Management

In todays knowledge economy,  Company Knowledge Management has become critical to success. Not least, because it can immediately reduce the high costs of continually ‘reinventing of the wheel’ and repeating the same mistakes.

When we say Company Knowledge Management, that also means Organisational Knowledge Management.

Lessons Learned?

We often hear today, especially in times of disaster and loss of life, and huge financial and economic loss, from Government and Organisations, stating that they must ‘learn the lessons’. But often, they do not.

This is because, what many companies and organisations actually do is identify the lessons to be learned and the improvements to be made, and make recommendations in a report. But that is just the start! Often, the report and recommendations then get filed away and forgotten, until the next crisis occurs. Producing a report and recommendations is vital, but this should certainly not be the end of the lessons learned process.

Benefits of Knowledge Management

Company Knowledge Management ensures that Organisations :

  • continually learn and turn lessons identified into new actions and behaviours, and new collective knowledge
  • share this knowledge across the entire Organisation
  • apply the best knowledge available to the Organisation, at all times

This can dramatically reduce costs, improve response times, result in better decision making, improve quality and increase productivity.

Company Knowledge Management is a discipline to help individuals, teams and the entire Organisation to better capture new learnings, ideas and insights, store, share, create and apply the best knowledge , collectively and systematically, to achieve the objectives.

Our Company Knowledge Management programmes, based on ISO Global Standards requirements, to better manage knowledge operationally, and strategically, can be viewed here.

But is Company Knowledge Management only for specific Industry sectors?

Definitely not! Company Knowledge Management is applicable to all Industry sectors. For example, Knowledge Associates have helped Organisations over the years to apply Knowledge Management effectively in :

  • National Government
  • Education
  • Health Care Knowledge Management
  • Nuclear Knowledge Management
  • Energy
  • Transport
  • Telecommunications
  • Banking & Finance
  • Construction
  • Military
  • Local Government
  • European Commission
  • Asian Productivity Organisation

The principles of effective Knowledge Management are the same, regardless of the Industry. The application of the KM Principles will vary, according to the Industry.

But is Company Knowledge Management just for large Organisations?

Definitely not! Small Business Knowledge Management is just as critical! The main difference is that large Organisations benefit from bringing together fragmented knowledge, whereas Small Business Knowledge Management is more concerned with creating and applying knowledge faster.

In other words :

  • the large Organisation asks ‘What do we know across the Organisation and who knows?’
  • the small Organisation asks ‘What new knowledge can we create and turn into innovative products and services faster?’

Our Company Knowledge Management programmes, based on ISO Global Standards requirements, to better manage knowledge operationally, and strategically, can be viewed here.

In 2007, our sister website www.knowledge-management-online.com was created to give KM students and practitioners a free resource. It teaches :

  • What is knowledge management?
  • Why should we do KM?
  • How can we implement KM?
  • A free online KM assessment

We are gradually transferring this information into our online KM education courses. You may view it here.

For more information contact info@knowledge-associates.com

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