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Emergent Knowledge Management

OmniTech Consulting Group conducts a monthly Executive Technology Pulse Study. A recent one indicated that the field of knowledge management is in the early stages of development.

Eighty percent of the executives polled by OmniTech expect knowledge management to have a significant and major impact in their organizations in 3-5 years.

OmniTech's panel members view knowledge management as high priority, but they often perceive it in very different ways. Some see it as an approach to decision making, others as a way to reduce costs or improve quality, and still others see it as a mechanism to increase responsiveness.

WALLY'S COMMENT ... I'm afraid that knowledge management is becoming the latest version of the "just hit a button" myth. That's the one where an executive envisions that all he or she will need to do is hit a button on their computer and exactly the information they want will show up in exactly the form they need it. Like the great teaching machine and perpetual motion, this one is more a matter of science fiction than any likely practical business reality.

So what are some reasonable goals for knowledge management?

Sharing information in all the places that it's needed. In lots of companies there are specialized databases and information files that exist only in one part of the organization, even though the information in them could be used by people in other parts. Knowledge management is about sharing that information broadly.

Sharing the lore is important, too. Every aspect of business, whether it's sales and marketing, or production, or product development, or administration has lore. Lore is the specialized knowledge that's been built up over the years by practitioners that helped them get the job done quickly. Effective knowledge management programs make that lore available. They do that by finding ways to capture it and share it. Most often, we're seeing this in sales and customer service applications right now, but you can expect it to expand to administration and finance soon.

Finally, a good objective for knowledge management is setting things up so you'll only have invent the wheel once.

From Wally Bock's Briefing Memo -- 31 August 1998

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