About KM
Overview
Effective KM
Benefits
Top Reasons
Roles of KM
Success Factors
   
 Role of KM in:
SQA
CMM Level 5
Six Sigma
Fifth Discipline
   
 KM Links
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KM Benefits

Knowledge Management (KM) maximizes productivity, quality and profitability by facilitating collective thinking, innovation, learning and execution. Following are the key benefits:

  • Increases the collective capability of organizations to maintain leadership position and competitive advantage
  • Improves operational performance and maximizes organizational agility
  • Accelerates learning and innovation through sophisticated KM processes
  • Facilitates knowledge convergence and enrich the corporate memory
  • Minimizes reinvention and knowledge evaporation by efficiently managing the best practices for "creative and productive working environment"
Benefits for Enterprises
 
  • Maximizes brand-image and status in the marketplace and helps attain and sustain leadership position
  • Helps understand customers better, deliver quality and timely response and meet their highest expectations
  • Helps develop and retain employees & partners and maximizes their collective mind power
  • Helps create a connected organization by linking business functions and related knowledge to maximize productivity and profitability
  • It empowers development, sales, marketing, support and other business functions to make it more effective and valuable
  • Helps educate customers on the continuously changing environment and make them self-sufficient
Benefits for Educational Institutions
 
  • Helps transform the educational institutions into connected “knowledge centers" and expand the campus around the globe
  • Helps manage distance learning and e-learning effectively
  • Brings together teachers, students and alumni across campuses and enables collaboration for effective knowledge sharing and collaborative learning
  • Helps simulate experiential learning model to gain more insights into the subject area
  • Improves students’ self-sufficiency, confidence level and learning potential by improving the quality of learning programs to help face the real-life challenges
  • Empowers faculties to deliver high quality learning programs in a smart and scalable way
 
Benefits for Governments
 
  • Helps serve citizens and make them smart to maximize nation's wealth
  • Improves national wealth and standard of living through intellectual capital
  • Reduces frustrating information searches and the cost of various functions
  • Connects departments and various ministries to increase their efficiency
  • Helps manage knowledge community initiatives of e-governance to transform into “knowledge society”
  • Helps develop "Knowledge Centers" for agriculture, education and administration
KM Maximizes:
  • Operational excellence
  • Productivity
  • Profitability
  • Learning & Innovation
  • Quality
  • Intellectual Capital
Pain Points

When employees leave, 70% of their knowledge leaves with them.

Employees spend 30% to 40% of their time looking for information.