Knowledge assets are the intellectual capital of an organization. It is observed that the value of intellectual capital is often intangible. Organizations compete increasingly on the base of knowledge. It can't be denied that most of our work is information based. It is very important for the organizational heads to always have a clear cut understanding of the bottom line knowledge management benefits before they invest in such initiatives. The Knowledge management benefits can be categorized into three which include:
Knowledge benefits
Intermediate benefits
Organizational benefits
Categorization and segregation into working databases allows the employees who need specific information to access the databases more efficiently through word or category searches. These databases will be updated and as a result the most recent and relevant information and knowledge is stored and are easily accessible by any employee who may need any specific information. These are certain advantages that are bound to have an impact on the way an organization thinks and operates to achieve its objective.
nvensis - Knowledge management solutions to make information work for your organization
With exponential increase in the rate of innovation, ever-evolving knowledge, and competitive pressures, companies are challenged with information overload and find it difficult to manage knowledge in a way that it is easily accessible to the right people at the right time.
Our knowledge management solutions map the assets and vital information within your organization. With Invensis you can create a technological solution to manage the vast amounts of corporate information, and generate new knowledge sharing systems and best practices. This helps in making use of informal knowledge by capturing it and making it available with formal methods and easing the complexity of information access within your organization.