LpCube.com
Title
LPCUBE True KM - An Innovation in Knowledge Management
Description
The simple definition of KM is the process of collaborative thinking, learning, communication and execution. The other definition of KM is the collective management of knowledge assets through collaborative processes and culture in line with the business processes to build, market and support intellectual capital. Check out Effective KM for more explanation.
The threat of the Knowledge Economy to traditional business is real. Knowledge convergence and management of common knowledge are essential to accelerate learning & innovation, improve time-to-market and maximize service quality. Knowledge workers with decades of experience can easily migrate to any other location or organization. People with adaptive minds can park their knowledge anywhere and become mobile. In many ways, knowledge organizations can lose their vital intangible assets overnight. Organizations without a KM initiative become vulnerable to the turnover of knowledge workers and become victim to high-cost operations. The following are some of the key findings (Source: Mirror Worlds Technologies Inc., New Haven, Conn.; Gartner Inc., Stamford, Conn.):
How can any organization survive this level of energy waste in the face of both price and quality pressures? Embracing KM is the solution.
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