Knowledge Management

An organization has a body of knowledge that comes from its history and operations. Knowledge management is the process of knowledge creation and then sharing and using it through a consistent system. A knowledge management system ensures that a company’s knowledge base is never compromised by turnover, loss, or continued evolution of the organization itself. A knowledge management approach informs decision-making for the whole organization. It is important that the knowledge assets are protected and more importantly, consistent as the organization moves forward. 

The knowledge base is so precious that big organizations now have resources and teams contribute to this concept. Knowledge management efforts start in the form of things like apprenticeships, professional training, and mentorship.