Knowledge management is now widely accepted as a key component for organizational success. By streamlining the organizational intellectual property, organizations drive innovation. However, the successful implementation of KM initiatives often requires a cultural change that is impossible to incorporate without adopting the change management principles.
Let’s see how organizations need to leverage change management to optimize knowledge management efforts. But first, let’s see what change management is all about.
Oct 17, 2023
| By KMI Guest Blogger Michael Sequeira
Data Insights has fascinating outcomes. It enabled true business value
if systemic assets can be governed, co-created, promoted and valued enabling multiple stakeholders to market information and engage.
When asked about the true business value of KM, leaders get mixed with Knowledge Management. What they are truly targeting is Knowledge Gain.
These days I have been working on upskilling myself in Lean. As I learn Six Sigma, I see many similarities between Lean and Knowledge Management. Both strive for continuous improvement and waste reduction to improve organizational performance. I have added below various factors I see a cross connection with Lean and KM.
Waste Elimination –
Lean -Lean principle emphasises on waste reduction by removing unnecessary steps and defects, and excess production.