What is Knowledge Management and Why is it Important?
Knowledge management is the process of identifying, organizing, storing, and sharing information within an organization. The purpose of knowledge management is to improve operational efficiencies, productivity and to retain critical information within the organization. By utilizing the staff’s expertise and knowledge, you can start to empower employees to improve their decision-making ability and maximize their efficiency.
Organizations who are able to come up with a knowledge management strategy are more likely to achieve business outcomes, make better decisions across the business, streamline organization processes, and are, also, more likely to have a higher staff satisfaction and retention rate.
Organizations experience a variety of benefits when they embrace knowledge management strategies and we would like to help. Here at NPOKI Consulting LLC, we work with global and domestic development organizations across a broad roster of analysis and strategy needs. Start improving organizational efficiencies by contacting us today!