Knowledge management, the strategy for your corporate success

Is knowledge power? Knowledge is increasingly adopting a key role within companies. Know-how and experience are even considered to be a company’s greatest asset. In our fast-moving times, with constant change and high levels of staff turnover, knowledge is becoming more and more important. It is a valuable resource that we need to gather carefully for future use.

Yes, knowledge is power. The information on offer must be tailored for and accessible to everyone, regardless of whether they belong to large or small companies, clubs or associations or are private individuals, and regardless of the type of information - research documents, production plans, formulations, process descriptions, databases or minutes of meetings. Know where to find knowledge, and you remove the need for much inefficient work.

In a company setting, knowledge management means generating knowledge and making it available to employees. This requires a network to be set up to ensure the necessary transparency. Who knows what? Experiences? Advice? Points of view? Efficient and effective knowledge management involves organizing, establishing and securing expertise that is relevant to the company.

This knowledge has often already been recorded, but is held in documents that are not easy for others to find, and are therefore not useful. Such documents include, for example, project reports or presentations, and are created using conventional office tools. Software products such as word processing and spreadsheets are struggling to keep pace with today’s networking environments. They are no longer an adequate means of managing knowledge. Information is therefore constantly being re-discovered and re-formatted, resulting in additional effort and inefficiencies. It is for this reason that knowledge management systems today are just as important for strategic corporate success as specific personnel development measures. 

Corporate management is faced with two challenges: firstly to secure knowledge within the company, and secondly to provide attractive jobs. Knowledge management is therefore increasingly being seen as a natural element of all companies.

The KnowHowDB software has been specially developed to provide long-term support for efficient and effective knowledge management in a corporate setting.