Productivity matters because it creates huge value. In some sectors, a five per cent uptick in productivity has coincided with up to a 50 per cent increase in total shareholder return (Financial Time, 2013). This would catch the attention of any CFO!
Knowledge management systems are an investment. But when implemented correctly and applied with the mindset of continuous engagement and improvement, a knowledge management system is well worth investing in.
When it comes to streamlining and enhancing day-to-day operations in your company, there's nothing more cost-effective nor simpler to use than a knowledge portal.
For large and small businesses alike, having access to all company data in a centralized place makes day-to-day business operations easier and enhances company-wide collaboration. This is known as knowledge management (KM), and KM is becoming increasingly useful as companies take their workforce digital.
A common question that comes up when discussing ChatGPT in the context of knowledge, document and information management, is something along the lines of: "When or how will ChatGPT be able to discover our enterprise content, such as SharePoint Pages or Documents stored in Teams and SharePoint?"
In 2023, the world of knowledge management is set to be revolutionized by a number of exciting trends that will shape the way businesses grow, operate, and interact with customers.
As your organization grows, it accumulates vast amounts of information and experience. This collective knowledge makes your business unique and it’s what gives you an edge over your competition – but only if this knowledge can be effectively stored, accessed and applied.
What is the difference between Information Management (IM) and Knowledge Management (KM)? How about data management and information governance? This blog discusses each of these concepts and how effective business knowledge management directly affects the organization's productivity and ability to create value.
Knowledge is essential when it comes to the day-to-day running of your business or organisation. Having a knowledge base is one of the easiest ways to cut back on training time, make remote work more efficient and have a landing point for your company’s key information and company goals.