Knowledge is something that's very important and something that needs to preserved in a proper way in order to be passed on to others. Therefore Knowledge Management acts as a tool to help businesses reach this objective. Through Knowledge Management, it is expected that knowledge of the people are kept so that whenever it is needed, the next generation of people within the company or organization may use it. In another words, Knowledge Management allows the optimization of the company's people's knowledge while he/she is still in the company.
Another reason why Knowledge Management is important for the organization is because it allows the process of innovation to happen within the organization. With Knowledge Management, the company is given the ability to create new functions of their existing product or service.
And finally, with Knowledge Management, the value of intangible assets are leverage, becoming the new organizational wealth.
The role of the KM consultant in the organization
A Knowledge Management Consultant must be able to identify what does the company have, what kind of knowledge do they have, how can they preserve it, which knowledge are to worth preserving, and finally, how can the value of it be leveraged. Once those things are identified, Knowledge Management Consultant must be able to implement it in the organization, and make sure that the people within the organization understands the role of the Knowledge Management and are made willing to contribute to the Knowledge Management.
Trends of Knowledge Management
Knowledge Management began with online repository within the organization, which is usually accessible only within the organization's premises. But nowadays, the need of accessibility everywhere and every-time has shifts the format of Knowledge Management where several organizations allows the knowledge to be accessed through various other medias such as their cellular phones or tablets.
