Business and Organisational specialists agree. Knowledge is the “lifeblood of an organisation” and an essential survival factor in today’s “dynamic and competitive” business setting.
Knowledge about clients, the market, competitors, and future trends – all are crucial insights necessary for every team to succeed. Unless captured, organised, and made available to relevant groups, these pieces of information fly freely but end up lost inside people’s emails or enterprise communication applications.
And just like that, incredible opportunities and resources are lost, deterring teams from making fast progress on critical initiatives.
And here is where the act of adequately managing an organisations knowledge steps in.