The fundamental objective of your knowledge management
system (KMS) is to supply all your
employees with knowledge that they need to maximize their performance in their
responsibility areas. Therefore, your corporate knowledge base (CKB) must be comprehensive in a sense that it should
contain all this knowledge and make
it all accessible. At any moment in
time.
Obviously, it must also have the optimal structure – for generating, storing,
accessing and disseminating knowledge. No ‘information lacunas’, but no
excessive content as well. ‘Information overload’ can sometimes be worse than
lack of necessary knowledge.
No less obviously, all your CKB components must be tightly
integrated. And your CKB itself must be tightly integrated into your overall
corporate management system and match your corporate information strategy.
In other words, your corporate knowledge base must become a
‘knowledge continent’ instead of ‘information archipelago’ (as is
currently the case with practically all business entities and other
organizations). All its content must be complete, connected and accessible. Which
will require utilization of an optimal architecture
(formats, standards, etc.) for your corporate knowledge base.
To achieve this objective, we first need to give a precise
definition of knowledge and how it is different from data and information. Data refers to elementary building
blocks – ‘atoms’ of information (e.g. last name of your client). Information is a collection of data that
has distinct meaning (e.g. annual sales in specific area broken down by a
client).
Knowledge is
information that has value. In other words, knowledge is information that
allows your employee to create additional value – financial and functional –
compared to what he or she can and will do in the absence of this knowledge.
Thus, knowledge is information that adds
value to decisions and actions in your company.
Then we need to properly define what a corporate knowledge
base is.
Your corporate knowledge
base is a system of internal and external structured databases and
various repositories of unstructured documents that together contain all
data, information and knowledge that you need to achieve the fundamental
objective of your corporate knowledge management system.
‘Structured’ databases are usually relational databases, and ‘unstructured’ documents are unstructured
in the relational sense (relational model is by far the most common database
model). These documents have different formats – Word, Excel, PowerPoint, PDF,
etc. and in terms of these formats, they are structured.
Therefore, there are two ways to obtain the necessary knowledge
from your CKB. Either get it directly – from unstructured documents that
contain the desired knowledge or to generate (‘extract’ or ‘mine’) it from
structured information and data. The proverbial ‘big data’ concept refers to the process of mining data from large
amounts of raw data.
To make it possible, you must make sure that (1) all of your
data, information and knowledge in CKB is accessible and (2) that you have at
your disposal all data mining tools (both hardware and software) that you might
need to do this job.
To provide access to timely knowledge at all times, you will
have to implement a highly efficient process of gathering, structuring and making
available for processing and usage all required data, information and knowledge
on a necessary periodic and – when required – real-time basis.
Obviously, you will need a comprehensive, uniform, natural,
intuitive and easy-to-use interface (‘front-end’)
into your CKB which will allow your employees to access the necessary knowledge
according to the all-important ‘need-to-know’ basis (which must be properly
implemented and managed). This is the job of a specialized software, such as Comprehensive Business Analysis Workbench
(CBAW), for example.
To maximize your CKB performance, you will need to employ a
highly competent knowledge base manager
and personnel. Who will use the
optimal follow an optimal methodology and a highly efficient corporate process
for managing the CKB.
To do their job properly, these professionals will need a
comprehensive, well-structured, accurate and up-to-date description of your CKB. Including, obviously, the comprehensive,
but lean KPI system.
No less obviously, your CKB must be superior to those of its
competitors, because in our ‘information era’ and ‘knowledge economy’ superior CKB
is often a decisive competitive advantage.
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