April 22, 2013

KBAM: Why is knowledge management important?

Knowledge management is undeniably very important. Judging by how all the topics put forward for seminar were related more closely to knowledge management than asset management, it seems that almost all of us appreciate its importance too. Whilst, I do not wish to undermine asset management (which is also vital), it was, nonetheless, an interesting observation.

So one must ask: why is knowledge management such a big deal?

In my opinion, the answer lies partly in the constant bombardment of data that we get regularly. For example, anyone who has been to an assessment centre and done the e-tray exercise will concur with me that an overload of data is almost suffocating. In that short space of time, you get close to about 30 emails in your inbox which require you to interpret data and make a decision. Now, if these organizations are using that to mirror their day-to-day work, then that paints a very critical picture. Essentially, these companies are living and breathing on data. This ever-increasing overload of data has, in my opinion, made knowledge management very important. Some would even go as far as comparing it with the analogy of a life support machine.

As a future manager, I hope to instil a culture where learning is a routine and knowledge management is a priority. This will not only aid the decision-making process at the organization but also harness innovation and generate wealth.

- No comments Not publicly viewable

Add a comment

You are not allowed to comment on this entry as it has restricted commenting permissions.

April 2013

Mo Tu We Th Fr Sa Su
Mar |  Today  | May
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30               

Search this blog



Most recent comments

  • Hi Wayne, thank you for your kind words. It is really nice to know that you have enjoyed reading my … by Hasan Khan on this entry
  • Great post. I just located your blog and wished to let you know that I have certainly loved reading … by Wayne on this entry
  • Thanks Luisa, I'm glad you agree with me. by Hasan Khan on this entry
  • Hi Hasan! I really share with you the interest on doing practical tasks, I find them very useful in … by Luisa Rodriguez Qui?Ones on this entry
  • Hi Hasan! I agree with you about the importance of life cycle cost management, it is a little bit di… by Luisa Rodriguez Qui?Ones on this entry

Blog archive

Not signed in
Sign in

Powered by BlogBuilder