Topics: Knowledge Management : Business and Companies
Knowledge Management is the science of storing, indexing and retrieving information to add value to an organization. It focuses on creating a "repository" of collective knowledge, intellectual capital, skills and experience. KM is usually focused around developing processes and systems to help people in an organization answer questions such as: Who in our organization knows something about ____? What have we done in the field of ______? Where can I find information related to the ______ product or service? Who should I turn to for help on _______? Knowledge management focuses on leveraging an organization's collective knowledge and experience to improve performance; the focus in on processes such as strategic planning, problem solving, learning and decision making. It also protects intellectual assets from decay, adds to firm intelligence and provides increased flexibility.
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Knowledge Management is the science of storing, indexing, and retrieving information to add value to an organization.
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