All businesses, whether it is small firm or big MNC, can benefit from their employees sharing vital knowledge, retain it, reuse it, collaborating & learning on their way up. This vital knowledge is captured, stored and disseminated by following a robust knowledge management practice.

You do not have to "re-invent the wheel" everytime, if you do systematic knowledge management within your organization. A very profound statement below, highlights the importance of knowledge management in any business entity.

"If only HP knew what HP knows, we would be three times more productive" - Lew Platt

Former CEO of Hewlett-Packard

Why Knowledge Management?

1. KM enables better & faster decision making

2. Makes it easy to find relevant info & resources

3. Reusing ideas, documents & expertise

4. Avoids redundant effort re-doing same things

5. Reduces mistakes

6. Take advantage of existing expertise & experience

7. Communicates important info widely & quickly

8. Provides methods, tools, templates, techniques & examples

9. Showing customers how knowledge is used for their benefit

10. Accelerating delivery to customers

11. Enabling org to leverage its size

12. Making the organization's best problem-solving experiences reusable

Looking at these benefits for your business, it becomes an essential part of organisational culture to have a robust KM practice. I can consult you setup the KM practice and advice on various aspects of KM, like processes, gamification, framework, governance etc.