Be Among the Biggest Companies That Got Knowledge Management Right

The relevance of personal knowledge management is felt by more and more companies with its important role of being the foundation of the knowledge management efforts of the entire team. Every company desires to come up with a more effective knowledge sharing and a culture of collaboration. The world of social media has undeniably contributed much in making the flow of knowledge a fluid one. This is very evident in the status quo. Personal knowledge or tacit knowledge is a greater level of knowledge mainly because it is something that we do not learn through information but from our experiences. Some people are struggling while others feel like this has grown naturally with them throughout the years. The best way that we can maintain knowledge is through constant sharing and learning from the people around us but it could be better if we learn things all by ourselves.

There are two types of knowledge that you should know to get the right strategy in knowledge management. These are the explicit and tacit knowledge.

v  Explicit knowledge is passing on knowledge with a use of a book or manuals that explain the company’s safety protocols. This kind of knowledge is easier to pass on to someone else compared to the other type of knowledge.

v  Tacit knowledge is a kind of knowledge that is learned through experience. This kind of knowledge is difficult to transfer.

Knowledge management companies understand the value of maximizing these types of knowledge to come up with an effective knowledge management strategy in retaining the know-how that runs the business. Retrieving collective intelligence is essential for the new employee. You have to make yourself ready for situations when an employee that you consider as an asset to your company suddenly declares that he no longer likes his job and wants to find another one. Cases like this happen. You have to be ready by coming with an effective plan for knowledge flow. Tacit knowledge can be difficult to pin down so you have to come up with the best system that can support exactly what you want to happen and that is to pass on the important knowledge that your new employees want to possess. Check out www.kminstitute.org for assistance that you can get. Be among the biggest companies that made it to where they are now because of an effective knowledge management.