Monday, 22 March 2010

KM and innovation

There has been lots of great discussion recently about knowledge management and how it affects innovation – it is so pertinent in the current economic environment where every advantage counts.

I have long subscribed to the theory that KM helps, supports, and nurtures innovation. The only "innovation" that might be stifled is when people waste time and effort re-inventing the wheel and do not build on experience.

Nick Milton of Knoco has a number of helpful posts around this issue, and about project-based learning:

If you have never encountered Nick Milton’s "bird island" to illustrate how constructive it is to capture and re-use knowledge – it is well worth a look!

Recent discussion on a LinkedIn Knowledge Management Experts * thread added that if KM is done properly it is no extra effort, it is just about getting business processes to an excellent level, standardised and shared across an organisation. If KM is not done so well and ignores the behavioural change needed to make projects succeed, then there is a disconnect between the Knowledge Management intiative and the employees, with people not understanding what the benefits could be, and a lower success rate as a result.

*(NB. You may have to be a member of this group to be able to follow this particular link, you will certainly need a LinkedIn account - but it was an interesting discussion so I wanted to give it a mention)

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