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The past 5 years have been tough on businesses. COVID-19 put a temporary stop to physical operations, and global inflation rates peaked at a record high of 8.73% in 2022.

Artificial Intelligence (AI) is gradually becoming crucial in various aspects of organizational operations, and knowledge management is no exception. By harnessing the power of AI technologies, organizations can enhance the efficiency of information gathering, analysis, organization, and retrieval processes. This, in turn, facilitates improved decision-making and more effective knowledge-sharing among employees.

An organization’s collected knowledge is its most essential asset. The development of this intellectual knowledge from tacit to explicit, sharing and utilization forms the basis of knowledge management. Its purpose is to ensure that the relevant knowledge in people’s heads and the hard drive is captured and made available to the whole organization for the realization of an organization’s goals.

An agile knowledge management framework is indispensable in today’s business environment. By embracing agility, organizations can adapt quickly, foster collaboration, enhance efficiency, promote continuous learning, and mitigate risks effectively. Investing in an agile knowledge management framework is a strategic move that can drive success and ensure long-term competitiveness.

In today’s rapidly changing business landscape, it is crucial to stay ahead of the competition by keeping up with the latest trends and technologies.

The specific activities and priorities of a knowledge manager may vary depending on the size, industry, and unique needs of an organization. However, the primary objective of a knowledge manager is always to establish a suitable framework for gathering and organizing company knowledge, followed by its appropriate placement fr easy accessibility by others as well as taking relevant measures to drive awareness and adoption through various collaboration channels.

Today, clients want to "Capture" great ideas, and that is why Project Teams are called to ensure each Idea is tracked and showcased. In enabling Innovation Day as a KMer I have partnered with Six Sigma and other Agile Experts and created Systemic processes around 100's of ideas that were showcased during Innovation Day. The real challenge is if the client likes the idea and asks, "what is the Next Thing that is putting this into Action?"

As a knowledge manager, I often struggle to convey the importance of my role to those outside of the KM community. For most, you can be a content writer or a technical writer, but if you explain that you manage all this knowledge and make it accessible to everyone in the organization, they draw blank.

So here is a simple definition to explain what it is and its purpose in the organization. Hope it helps when next time you have to explain how critical is your role for your organization.

Given how competitive contemporary markets are, your organization cannot afford to overlook the importance of gathering insights directly from customers. Knowledge management plays a crucial role in facilitating the collection and utilization of customer feedback.

As a project manager, you’re in charge of a lot of people and a lot of data. You’ve got to ensure that everyone on your team can gather the information they need as quickly as possible. It can be a complex task that used to be easier when everyone was in the office. The employees could walk over to an associate to ask questions and get a quick response.