What are the advantages of knowledge management?

There are several advantages of knowledge management (km) if monitored and maintained effectively. Overall, the organization can help the optimal use of their collected knowledge. Specific benefits of knowledge management include reduced unnecessary resources, greater customer satisfaction, better ability to compete on the market and increased efficiency in the future planning. How exactly KM can affect a particular organization depends on whether there is a general focus or whether effort is focused on specific areas such as ecology, technology or organizational design.

One of the primary advantages of knowledge management is better to use all resources in the organization. This may include everything from the knowledge that employees have to news, marketing and customer satisfaction. Effective maintenance and using this information can be used in the most effective Mann of past experience and current staff qualifications to increase and strengthen the organization.

The ability to solve problems by learning from past mistakes is one of theOther strong advantages of knowledge management. By careful monitoring of success and failure, the organization can create an effective list of proven procedures. This can help organize in every area, from customer satisfaction to productivity improvement.

Another solid advantage of knowledge management is that it provides materials for training. New and current employees can benefit from the accumulated knowledge of the organization. They can also develop an understanding of the organization as a whole and learn more about its internal functions and how it interacts with the outside world. This includes learning from mistakes and building on past success.

with a centralized database that can be compiled with km, it is also possible to create better consistency across the organization. It is a source that can help employees at all levels to associate with the basic values ​​of the organization and proven procedures for the future. Strong knowledge management can improveCommunication within and between them and help to unify all employees.

Another advantage of knowledge management is that it can help managers and managers to direct work to the right resources in the organization. With detailed information about the abilities of employees and records of what effort it has and has not worked, it is possible to find the best way to save time and resources. This knowledge can also help the organization avoid hiring or maintaining too many staff for its needs.