Knowledge management (KM)
is essential for ensuring a company’s efficiency.
It contributes to uninterrupted operations even if an employee retires, leaves, or gets promoted. As a result, team members can access information and make decisions based on these files. KM also sustains consistency in the company, creating solid institutional knowledge to
keep a high level of work done.
Innovation is a buzzword for organizations today that are striving to be the best in the highly competitive world. How do we use the collective brains of people in an organization to innovate?
The easy and simplest answer is to break the knowledge silos that most organizations struggle with. With the growing Hybrid and virtual workforce, it is all the more critical for organizations to come up with ways to break these silos or be ready to face even bigger and harder-to-solve challenges in the future in terms of knowledge loss and staying relevant and competitive.