Data’s impact on a company’s success is undeniable. Through it, you can learn how to serve customers and employees better, build professional partnerships, and create systems that fuel productivity.

A less-talked-about use of data is in knowledge management. If you’re unfamiliar, knowledge management is the act of collecting, sharing, and managing information and knowledge within a company and ensuring it’s accessible to everyone. 

You can use data to improve knowledge management within a project. But it starts with collecting the most valuable data for this purpose.

Collect the Most Useful Data

To use data to find areas of improvement in knowledge management for projects, you must first collect data that will help you do this. In other words, what kind of data will be most helpful in helping you better your knowledge management?

Data that gives insight into how your team uses your knowledge management system is a great starting point. You’ll gain insight into how each person navigates the knowledge management system for various projects. You’ll also see the information they use most when completing projects.

Armed with this information, you can conclude where more training is needed regarding using the knowledge management system. You’ll also learn which information is most essential to input to complete a project successfully.

Think about the customer, employee, and business data most helpful in improving knowledge management and focus on collecting it in abundance.

How To Best Collect This Data

Project managers can collect data in various ways. But the best approach is combining data collection tools with team feedback.

You should analyze every channel your customers interact with. Likewise, analyze the apps, software, and devices your employees use. Don’t forget about your company systems — data analytics tools are a must on those as well.

Project managers must also be intentional about collecting feedback from their teams. What are they saying about knowledge management? What do they think about it in terms of using it for projects? What are their suggestions for improvement?

Analytics tools and actual feedback are the best ways to collect data that aid the improvement of knowledge management in projects.

How To Use it to Improve Knowledge Management Within a Project

If you’re still unsure about data’s role in improving knowledge management for the sake of each project’s success, these specific examples should get you over the hump.

Identify weaknesses

Data, generally, is monumental in identifying weaknesses. You can use it to identify weaknesses in knowledge management and those in specific projects.

For example, let’s say your team is working on a recession-proof marketing campaign. In this case, you can use customer data to identify weak points in your content that don’t resonate with their needs or who they are in a recession.

In addition, you can look at the customer information you’ve input into your knowledge management system and see if it’s enough to support you in completing the marketing campaign. You may find that you’re missing critical customer data and can then add it to improve your system and project.

Data is instrumental in determining what’s lacking in a project or your knowledge management system.

Streamline communication and collaboration efforts

Two of the most critical factors in completing a project successfully are team communication and collaboration. Without both, completing a project and maintaining its quality is challenging. Knowledge management keeps teams on the same page, pulling from a single source of truth that streamlines communication and collaboration efforts.

You can use data to create a personalized intranet for your team within your knowledge management system. When it has all things company, customer, and project-related in it, working conditions get better, improving team and individual efficiency in the process.

When you know you’re striving for a knowledge management system that acts as a personalized intranet for your employees, you can document what that looks like. Then, you can weigh your intranet vision against your current knowledge management system to determine what you must do to get closer to your vision.

Putting the right data into your knowledge management system sets the foundation for a personalized intranet, streamlining communication and collaboration on every project.

Determine training opportunities

Much of using knowledge management effectively depends on how well-versed your team is in the system you’re using. If they can’t navigate it seamlessly, find the information they’re looking for, or find value in knowledge management, they won’t ever be able to use it to its full advantage.

On the contrary, the benefits are tremendous if your team knows how to navigate your knowledge management system, can find what they need for every project, and deem knowledge management useful.

The key is finding out where your team needs the most help regarding your knowledge management system — data can help you determine that.

Collect data on how your employees use your knowledge management system. Find out how they navigate it. Study how accessible the system is for each team member. Understand how easy it is for them to find information and what info is missing that would move projects forward faster.

All of this data can give you insight into what your team needs training on when it comes to knowledge management.

Conclusion

Knowledge management is one of the best tools a business can have. It ensures you collect, organize, and manage crucial organizational information appropriately and that it’s accessible to every employee. Make an effort to continuously improve your knowledge management system with the help of data. Your team and business will thank you.
 

Amanda Winstead is a writer from the Northwest US with a background in communications and a passion for telling stories. She has been following Knowledge Management for several years and it's one of her favorite topics to explore.  Along with writing she enjoys traveling, reading, working out, and going to concerts.

If you want to follow her writing journey, or even just say hi you can find her on Twitter or LinkedIn or check out her portfolio.

Featured Blog: Using Knowledge Management to Improve Internal Communications