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Knowledge management is a process that involves the definition, retention, structuring, and sharing of employee’s knowledge and experience within an organization. The primary goal of knowledge management within the organization is to retain knowledge in the organization and also improve the organization’s efficiency. 

Note: Next Creative KM Certification class is coming up: Oct 16, 18, 23 and 25, 2023 (half days, 9-1 EST).  Based on the "Radical KM" methodology and taught by the author of the program, Stephanie Barnes. Details here...

In today's business world, innovation is key to success. Innovation is often thought of as a one-time event. But innovation should be fostered and encouraged throughout the year. One way to do this is by implementing new techniques for knowledge management. Knowledge managers have been tasked with the responsibility of providing their employees with timely information on various topics that are pertinent to their work environment. To encourage innovation, they can use these 6 techniques: 

Knowledge management is an exciting career field for people who are looking to get into an industry which has a promising future and opportunities for career growth in the future. Knowledge management as a career path has become more popular in the 21st century simply because there is more knowledge to manage in this day and age. The amount of data and information which is swirling around the international data stratosphere is astronomical and needs to be managed in the day to day.

Knowledge management is a complex model and has the ability to grow and change over periods of extensive stress and adjustment. People in business and company executives should be constantly aware of knowledge management due to the power that it holds in the modern business world. When examining the three-step process of knowledge management; it is important to look at and consider all three steps. The three steps are knowledge accumulation, integration, and finally, reconfiguration.

Companies want their employees to be up-to-date on the going-ons in their businesses. That’s why companies are turning to useful knowledge management software, so that employees can access and acknowledge what’s going on, on a day-to-day basis. Should anything change within the company, employees will know right away.

Since the outbreak of the COVID-19 pandemic, many businesses have suffered immeasurable losses in different ways. This has led to an increase in remote businesses with changing models and technologies. Communication, collaboration, and event interpretation have now become very important. Most organizations now have more than 50% and up to 75% of their employees working remotely.

Researchers in the field of health have been emphasizing the concept of mental and spiritual health along with physical health as an indicator and component of health and hygiene for many years. In such a way, mental and spiritual health positively affects physical health and accelerates the healing process.

Every event that happens in human life, whether bitter or sweet, contains experiences and lessons that, if learned correctly, can be helpful in the critical moments ahead.

Extracted from Radical Knowledge Management: using lessons learned from artists to create sustainable workplaces, in Frontiers in Artificial Intelligence: AI in Business, Knowledge and Innovation Management Section.

Knowledge management is the practice of creating, capturing, storing, and making accessible all the information that helps an organization achieve its directives. The resulting knowledge base then becomes a priceless resource to people at every layer in the management structure. At least it will if there’s a disciplined approach. A good approach to knowledge management should be rules-based, so the following is accomplished:

●      Destruction of information silos.