What is Knowledge Management?

KMI Instructor John Hovell gives his definition of Knowledge Management in this New, 3-Part Video. 

Part 1 discusses "Optimizing Knowledge Flow"...

What is Knowledge Management? [Part 1 of 3] from KM Institute on Vimeo.

Part 2 discusses "KM Perspectives"...

What is KM? Different Perspectives. [Part 2 of 3] from KM Institute on Vimeo.

Part 3 asks: "Why do we do KM?" and looks at "The Future of KM"...

What is Knowledge Management? [Part 3 of 3] from KM Institute on Vimeo.

Classic Definition

If you've done any research, you've no doubt come across the classical definition of KM being a combination of "People, Processes, and Technology" for improved knowledge-sharing and proficiency.  Effective KM has evolved since then, harnessing People, Processes, Content, Culture, and Technology to translate tacit knowledge, experience, and expertise into content that may be captured, managed, enhanced, and found by others. 

At the KM Institute, we take it a few steps further.  KM is the application of proven methods to:

• leverage knowledge
• collaborate
• spark innovation
• accelerate organizations toward ever-higher performance

It's one thing to find information and knowledge - what you do with that knowledge separates success from failure.

Not just to Learn - but Transform

No matter what your measure of success - profits, customer satisfaction, development, or security - to prosper in the Knowledge Age, organizations and individuals must progress through the many stages of knowledge maturity in order to transform the organization.

Transformation is not a one-time project, it’s a strategic imperative!  It’s an ongoing maturity process called Knowledge Management.   

Are you prepared for the Knowledge Age?  Check out these statistics from a recent Enterprise Strategy Study which asks "How Important is KM to Organizations?"  As you can see below, there is a huge gap between acknowledgement of KM's importance, and actual implementation in organizations.

KM Institute offers programs to help bridge the Knowledge Gap!
 

“Improving the productivity of knowledge workers through technology, training and organizational change….will be the major boardroom challenge of the next 15 years.”  

--The Economist: Foresight 2020 - Economic, Industry and Corporate Trends