The most expensive part of a project is the mistakes

Favorite In any project, the most expensive item is the mistakes. Use KM, modularisation and standardisation to keep mistakes to the minimum. Arches, a photo by Paul Ebbo on Flickr. The title of this blog post comes from a quote by the author Ken Follet in his book “The Pillars

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Shared by Nick Milton April 23, 2019

A simple picture to link KM and continuous improvement

Favorite Knowledge Management is the discipline that drives continuous improvement. Here is a diagram that makes this clear We are all familiar with the link between Knowledge and continuous improvement in our personal lives, as demonstrated by the familiar saying “Practice Makes Perfect”. The more we do something, the better

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Shared by Nick Milton March 29, 2019

How KM gives benchmarking a purpose

Favorite KM can add purpose to internal benchmarking, by using it to drive knowledge sharing Image from wikimedia commons Many commercial organisations track internal KPIs.  They publish league tables of the different departments, and differentiate the high performers, and the poor performers. But Why? What’s the point? Surely not just

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Shared by Nick Milton February 1, 2019

How to get KM traction with senior managers

Favorite Struggling to get traction with senior managers for your Knowledge Management initiative? That’s partly because they don’t know how much the organisation’s knowledge is worth. Show me the money, by Alan / Falcon on Flickr Ten years ago, my first ever post on this blog suggested that knowledge management is

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Shared by Nick Milton January 29, 2019

How to keep your job as a knowledge manager

Favorite If you want to keep your job as a knowledge manager, then ensure you are directly supporting the front line staff.  Being a Knowledge Manager is a precarious place to be, until KM is fully embedded. Any major organisation change such as a merger or a change in CEO

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Shared by Nick Milton January 22, 2019

Quantified KM value story 124

Favorite Another example of quantified value delivered from KM – number 124 in a continuing series image from wikimedia commons This story comes from the same article from HBR I referenced yesterday, entitled “What managers need to know about social tools“.  It shows some of the value in seeking and

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Shared by Nick Milton November 21, 2018

The principle of local value in KM

Favorite KM will be adopted if people can see local value – value to them – in using it How can we help people see that Knowledge Management is a “good thing”? People need to see not only that Knowledge Management delivers value to the organisation, but also that it

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Shared by Nick Milton November 15, 2018

Cost of lost knowledge could be $47 million per year

Favorite Large businesses can lose $47 million each year due to poor KM, claims a recent report English Currency by Images Money on Flickr That is the claim of the Panopto Workplace Knowledge and Productivity Report, a recent report based on a survey of 1000 US workers Here are some

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Shared by Nick Milton July 23, 2018