Thursday, December 3, 2009

Knowledge management ----Retain today for tommrow's team

Knowledge management is the area which always excites me from my MBA days. In this Blog , I will not be giving the Gyan on knowledge management but will be focus on approach and implementation on KM practices. My Focus will be more on

 K M challenges

 Approach to Knowledge management ( retention / transfer / resuse)

 Finding and bridging knowledge gaps / knowledge loss

 Technology – A Enabler

 Converting Knowledge management plan to reality.

This blog is totally based on my 6 years experience with very large organization like Hewlett Packard and Infosys. Readers are free to add up different flavors / dimensions.

Many of today's most pervasive knowledge issues result from the constant movement of people from project to project inside organizations, as well as the entrance of new employees as others leave. Enterprises are increasingly realizing the need for knowledge strategies that address factors such as rapid organizational growth, layoffs, turnover, mergers and acquisitions, and internal redeployments.

As per publically available research that today’s many organization face the same knowledge retention / transfer issues, regardless of industry, profitability, annual turnover, no. of employees etc. etc. etc . -----

•Attrition within the organization and new business model of off shoring and outsourcing required careful identification and transfer of knowledge.

•Organizations are often faces challenges in pinpointing when and where the knowledge loss or knowledge need might occur.

•Employee – especially new hires are facing steeper, longer learning curves at the same time that employers are looking for faster revenue and higher productivity.


•Knowledge loss and time-to-competency issues for new hire threaten to compromise organization growth strategies.

I am signing off now and will provide insight on KM challenges tomorrow.

Happy Reading,

Suds

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