As the 'knowledge age' continues to evolve, managers and CEOs are realizing that the true wealth of their organization lies in the knowledge of their people. And pooling their knowledge together is really pooling their most valuable resources together, empowering the success and profitability of an entire enterprise.
Knowledge Management (KM) is truly taking hold as an organizational necessity. As the sea change drifts from the Information Age to the Knowledge Age, the importance and potential power of harnessing the experience and wisdom of all the individuals is a matter of survival for many organizations.