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Informative Articles

5 Tips For Better Management Of Home Business
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Ten Tips to Make Listening Your Powerhouse Management Tool*
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Time Management Tips for Managers
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Using PMS – The Productivity Management System™ to Discover What You Want in Business and in Life
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Knowledge Management made Simple

'Knowledge Management' is Big and Now. The wide coverage of 'KM' in the management literature could easily give you the impression that it is a 'big business' issue requiring expensive, technology-based solutions. In truth, knowledge management is a new name for an old challenge facing businesses large and small.

So what is 'Knowledge Management' and what are its implications for people in smaller businesses?

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To understand 'knowledge', we need first to define its off-sider, 'information'. Information, simply put, is anything that has been documented. Books, manuals, the world wide web, databases, software help files - all these contain information. Information is tangible, but it requires conscious effort to access it.

Knowledge, by contrast, is information that has been embedded in our minds and which can be drawn on virtually instantly. Knowledge gives us the capacity to act - without reference to external information.

Lets look at gardening as an example.

There is limitless information out there designed to make green-thumbs of us. But 'knowing' how to be a good gardener cannot come from a book. It comes from a combination of hands-on experience, information and drawing on the knowledge of others.

Diagnosing the problem with the sick plant in the back corner can be a bit like negotiating a maze. Information gives us lots of potential paths to follow, and may get us there in the end, but we will encounter a number of dead-ends along the way. Knowledge gives us the ability to ignore the false paths and take the shortest route to the answer.

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Our Blogs are on UK small business and being a UK freelancer or contractor as well as website marketing and web design. If you are a biker we can help with your motor bike insurance.

 

We have a site for contractors  and sites for HomeloansUK and PR-Help. We provide Branding help and offer Free-Marketing-Help and help for IT contractors. For E-commerce information, visit Small-Business-Web. We offer Page Rank Web Links and Cheap Home Loans Direct plus 0-BadDebtLoans and more Cheap Home Loans Direct. Our sites also help with Negotiation of any Personal-Secured-Loans. Our site called Management-Today can help you Innovate-Today, but for more loans go to 1st4HomeLoans.

 

Our HomeLoansUK site is affiliated with Branding and TrafficBuilding sites and Sales technique site. Also on offer is Beauty-Online and FreeNetDesign. If you are a  contractor and need help with a Small-Business-Web then our E-Commerce site is great. If you want Easy-Mortgages or even 1st-4-Tenant-Loans go to 5-Star-Mortgages. We help find Cheap Kitchen Appliances and Low Rate Home Loans. For the IT contractor, EstuaryFinance can refer you to our Online IR35 Compliance site for help with IR35.




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For business, the challenge of 'Knowledge Management' is all about trying to capture the knowledge of our people and embed it within our organisation. This reduces reliance on key individuals and makes the business more 'scalable'. It also saves time and effort as identical problems aren't solved and re-solved over and over again.

Knowledge sharing is the ultimate 'win-win'. No matter how many times we share our knowledge with others, we still get to keep it for ourselves.

This doesn't make knowledge management easy to do. There are no short-cuts. It takes time and effort. (That's why apprenticeships take three or four years.)

While technology may have a role to play in enhancing Knowledge Management, it is ultimately a people issue. It needs trust, an open environment and plenty of direct interaction. It needs forums for people to share their experiences and perspectives.

The growth of the Knowledge Management industry has occurred in part because organisations are realising that the knowledge of their people makes up a large part their value. The starting point is creation of the time, space and environment for knowledge sharing to happen. It may be no more than a loosely structured version of Friday afternoon drinks.

(For further reading and five thoughts on how to promote knowledge sharing, visit http://www.businesssimplification.com.au/km.htm)

© David Brewster, February 2002

About the Author

David Brewster runs 'Business Simplification' and writes, talks and coaches on reducing the complexity of business and achieving greater clarity and effectiveness