Knowledge

Knowledge

Knowledge management involves determining what knowledge your organization needs to be successfully competitive in the marketplace. To be knowledgeable, you need to have access to information, and to develop information, you need to have data. Without proper planning, organizations can spend large amounts of resources (time and money) gathering the wrong information and data because they have not developed a Knowledge Management plan that suits their business.
 
Symptoms of poor knowledge management include:

  • Inputs to strategic decisions are not available (market and competitors)
  • Poor understanding of your business operations (internal reporting)
  • Poor decisions during product development
  • Poor acceptance by customers
  • Blind-sided by changes in market conditions
  • Your Business Intelligence initiatives have no focus
  • Your business areas operate as independent silos

At Abinsi, we can help your organization develop a framework to identify and manage core knowledge resources on an ongoing basis. Our Asset Management practice is based on principles of knowledge management.