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Company knowledge is extremely valuable. It is crucial to manage knowledge to support organizational learning. In fact, knowledge management (KM) is essential because it informs business strategy.

KNOWLEDGE MANAGEMENT IS ESSENTIALLY ABOUT GETTING THE RIGHT KNOWLEDGE TO THE RIGHT PERSON AT THE RIGHT TIME

The Healthcare industry is a knowledge driven industry and depends heavily on availability of updated trainings, health services, innovative and clinical knowledge to solve problems and provide best possible healthcare, innovate, and achieve excellence in the field.

A well-defined Knowledge Management (KM) framework is critical in healthcare organizations to achieve this goal. Knowledge Management is all about connecting people to people and knowledge enabling them to achieve strategic objectives such as innovation, competitive edge, continuous learning, and improvement.

Information is crucial to the success of a business. Without proper management of information, there won’t be synergy among the staff, which could hurt its success. We now live in an era where staff cooperation is needed more than ever, especially as there are various means of communication and information gathering. These different means of gaining information or communication don’t translate the data into helpful knowledge. Also, it doesn’t guarantee that the knowledge gained will be shared appropriately. Knowledge management comes in here, so this post is just for you.

The KM framework has been constantly evolving in the past decades. The importance of managing and leveraging an organization’s intellectual knowledge capital to gain competitive advantage has been stressed enough.

Writing good assessment questions is crucial for being able to manage your organization’s knowledge base. If your questions are poorly written, you won’t be able to collect accurate information. Hence, here’s how to write good assessment questions.

#1 Align the Questions with the Objectives

The main goal of knowledge management is to improve an organization's efficiency and save knowledge within the company.

Knowledge management is an essential and conscious process within an organization. It has to do with the definition, retention, sharing, structuring of knowledge, and employee experience within the organization. With knowledge management, it is easy to improve work efficiency within the organization and retain knowledge.

I have had the pleasure in writing three short articles to support the publication of my first book written with my good colleague and friend Jordan Richards. The three articles will cover the following areas that set context for the book as follows.

Part 1:  KM Primer – the Introduction

Part 2:  KM & Digital Transformation - the Connection

Part 3:  The Future for KM

Initiating effective knowledge management in your organization often seems like a timely and complex procedure, but done right it can lead to powerful efficiency across all departments. However, this process often requires the confrontation of a number of significant challenges and there are common pitfalls that can ensure a project. Here are 5 mistakes that can cost your organization significantly when implementing knowledge management - awareness will enable you to prevent falling into these traps.

1) Doing Too Much At Once

Knowledge management should be a common practice in all businesses, no matter the field and purpose. It’s useful for both the internal and external development of the company. Benefits include optimizing teamwork, teaching newcomers, improving sales, and reviewing results.

And in the age of raging pandemic, knowledge management gains a new form and becomes more essential than ever. KM techniques and strategies become more flexible and adapt to the changes COVID-19 brought. After all, the inability to travel and attend meetings forced organizations to change most of their tactics.