What is Knowledge Management? The Benefits of a Knowledge Management Strategy

WalkMe Training Station

Knowledge is everything in this world. Knowledge is power. By making the most of the knowledge available to us, we’re positioned to achieve greatness in various domains. This is applicable in many business contexts, where decision making is at the heart of performance. With all this knowledge at our fingertips, it’s essential we learn how to manage it effectively. This process enables us to live a prosperous life in both personal and business contexts.

KNOWLEDGE MANAGEMENT IS A SIMPLE PROCESS ONCE THE RHETORIC IS REMOVED

Wonderful Brain

The benefits of knowledge management (KM) are a monster value-add to any organization. A Flash History of Knowledge Management. Then each would become a teacher and spread knowledge throughout the empire. If knowledge transfer has grown into a complex system, it’s only because the nature of organizations to pile on layers of management seeking justify the effort and deflect external examination has become endemic. What is Knowledge Management.

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How Nuxeo University Used Docebo to Develop The Heart of its Knowledge Management Strategy

Docebo

As a software company, Nuxeo needed a place to centralize its document and training activities – it turned to Docebo to make it happen. Nuxeo University has become the centerpiece of our knowledge management strategy. Because this is such an important aspect of our business, we chose Docebo to help us develop this strategy. For example: The Certification Learning Plans are a great way to manage prerequisites.

Sahana Chattopadhyay – Crystal Balling with Learnnovators

Learnnovators

Her work with various companies like Tata Interactive Systems, Zensar Technologies, ThoughtWorks and Future Group has given her a width of experience that spans instructional design, workplace learning strategy, knowledge management, social learning and community management, and people development. This includes areas of her expertise from the effectiveness of MOOCs in corporate learning to informal learning, collaboration, community management and organizational culture.

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Introducing the Social Intranet Index

E-Learning Provocateur

Everyone seems to have a different opinion, from a human-centred platform, to the intersection between portals, team sites and social sites , to a system that ties the business’s processes and data to the employee’s social behaviour. This typically involves the selection and arrangement of social widgets (eg a particular blog, a discussion sub-forum), a filterable activity stream, plus external functionality such as a customisable RSS feed.

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Freelance Outsourcing: A Disruptive Wave for Outsourcing Businesses and a Challenge for Designers of Learning

InfoPro Learning

ITES industry observers, especially in the developing-world, would tell you with much conviction how it has evolved from picking up low-hanging fruits and doing low-end jobs to much more of non-core activities of businesses in general—from Aviation to small-time e-commerce providers (some claim almost all industries are either outsourcing or willing to outsource all or some of their non-core activities).

Freelance Outsourcing: A Disruptive Wave for Outsourcing Businesses and a Challenge for Designers of Learning

InfoPro Learning

ITES industry observers, especially in the developing-world, would tell you with much conviction how it has evolved from picking up low-hanging fruits and doing low-end jobs to much more of non-core activities of businesses in general—from Aviation to small-time e-commerce providers (some claim almost all industries are either outsourcing or willing to outsource all or some of their non-core activities).

How Can You Get Your Employees to Share Their Knowledge?

isEazy

A company’s day-to-day dynamics make it difficult to document processes or exchange knowledge. Fostering a knowledge management culture is key to gaining agility and competitiveness. Benefits of a Knowledge Management Culture. The benefits of working in a company where employees have a habit of sharing their knowledge are obvious: • Employees are more involved in the organization. Knowledge is accumulated in the company and not in the person.

Introducing the Social Intranet Index

E-Learning Provocateur

Everyone seems to have a different opinion, from a human-centred platform, to the intersection between portals, team sites and social sites , to a system that ties the business’s processes and data to the employee’s social behaviour. This typically involves the selection and arrangement of social widgets (eg a particular blog, a discussion sub-forum), a filterable activity stream, plus external functionality such as a customisable RSS feed.

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Taking Stock and Making Choices: Working from home and other such stuff

ID Reflections

Mostly, business as usual at work and crisis situations at home took my time and attention. Work —complex knowledge work requires solitude as well as collaboration. Activity streams and collaboration platforms can enhance and support such awareness but not replace it. If anyone reading this is a knowledge worker and is thinking about working from home, read Mihaly Csikszentmihalyi's Flow. Are you a knowledge worker working from home?

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The differences between learning in an e-business and learning in a social business

Jane Hart

Although the advent of e-technology in the late 1990s changed businesses into e-businesses, this was essentially about automating existing business thinking and practices. Although a “social business” is powered by new social technologies, it is not the technology itself that makes the difference, it’s not about layering social approaches on the old industrial age thinking, but a fresh, new mindset and approach to working and learning. Management.

15 Must-Have Knowledge Sharing Tools

The Training by Nelle Blog | Corporate Training and Consulting

Cost: $12 a month per user (Business Plan). It's perfect for both micro and small businesses. CAGE For the creatives, Cage is a visually-pleasing project-management platform that boasts "making sharing work with clients easy." MICROSOFT ONE DRIVE Features: Provides businesses with the tools to co-author and collaborate on projects in real-time, store and sync files, and restore/recover important deleted files. Cost: OneDrive for Business OnlinePlan 1 is $5.00

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How Quiz Maker Can Help Businesses to Generate Leads

ProProfs

Today, businesses experiment with quizzes to generate leads through audience interaction and engagement. When it comes to lead generation for your business, interactive content outshines the static one. We have 10 experts onboard to pen down their views on how businesses can grow and generate more leads by creating quizzes. Managing Director at SMESoft Inc. A quiz maker may introduce business concepts. President, CEO at Business Credit Insider Circle.

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Organizational learning

Ed App

Employees and the knowledge they have are the most important means by which a company can create a competitive advantage. It is the ability to create, acquire, and transfer knowledge and change behavior at all levels of the company. Knowledge Management.

How Micro-learning Can Improve Your Business

ProProfs

How Can You Improve Your Business With Micro-Learning. Now, there are several companies out there implementing micro-learning in their training strategy and experiencing the improvements in their business day by day. Knowledge is Better Retained. Instead or brain activity is much better when performing short and quick tasks. The post How Micro-learning Can Improve Your Business appeared first on ProProfs Learning and Knowledge Management Resources.

8 Game-Changing Social Media Tips to Grow Your Business

ProProfs

Are you still not convinced about the power of social media and the benefits it offers for your business? But when you begin your activity on social media, knowing where to begin is easier said than done. So, consider these game-changing social media tips that will help you grow your business: 1. Raising brand awareness is a top priority for any business and brand recognition is the key element of building brand awareness.

What a Difference a Year Makes

Tom Spiglanin

I’m busy preparing for the American Society for Training and Development (ASTD) annual International Conference and Exposition (ICE) that starts tomorrow in Washington, D.C. Last year I was primarily focused on integrating informal and social activities into organizational learning programs. New courses would be created with solid instructional design, and no knowledge gap will be addressed by presuming a course as the solution.

Informal learning: Why it matters to a business

ProProfs

The emergence of social media challenged businesses to optimize performance in many areas but what they should certainly be given credit for is making companies dependent on this viable medium beyond what they could have ever imagined. For business owners, this can be a great opportunity to get in touch with employees and make work meaningful. In the ideal case, he should prepare a list of main learning objectives, and suggest possible activities that could help achieve them.

Fostering a spirit of innovation: A necessity today.

ID Reflections

While reading Gary Hamel ’s The Future of Management , this paragraph drew my attention (there are other equally and even more memorable passages in this iconoclastic and must read book) for a reason. Others got busy creating clouds out of thermocol sheets and some painted trees. In an absolutely unplanned series of activities, it was astonishing that there was no conflict.

LMS Software is Crucial to Your Business. Learn Why

ProProfs

They include provision for nearly unlimited training capacity, equal learning opportunities for all, better knowledge sharing, and automated assessment. These entrepreneurs rely on some kind of learning management systems (LMS) to administer training courses for their employees. If you are still weighing whether to adopt a training software in the cloud, this post provides an idea of how businesses can structure and streamline the entire training process through automation.

Extended Enterprise Learning: What it can do for a Business Ecosystem?

ProProfs

Knowledge is powerful. With businesses investing time, money and resources to boost their corporate training initiatives, “extended enterprise learning” as a concept is assuming center stage and gaining prominence. The aim of extended enterprise learning is to help businesses improve customer satisfaction rate, streamline the sales disbursement process, boost sales revenue, beat competitors etc. Importance of Extended Enterprise Learning for Businesses.

WITH REGARDS TO mLEARNING: A CASE IN POINT OR UP IN THE AIR

Wonderful Brain

Case in point is the following true story—a real business event that occurred far back enough that if executed today would be much more powerful because of current technology. A few years back as a VP for a large computer solutions company in New York, one of our account executives specializing in elearning opportunities had managed to seduce a notoriously reticent airline into considering change from their mostly instructor led training to online education.

7 Incredible Things an Enterprise LMS Can Do for Your Business

ProProfs

Businesses can easily minimize the cost of training and educational programs by using an enterprise learning management system (LMS). Consequently, businesses of every size have started embracing this type of learning system, especially because they are positively received by employees. An LMS provides the framework for creating, managing, and tracking online training. Learning management systems are great time savers.

Social Learning Cannot Be A Bolt-On Strategy

Learnnovators

Even as I was mulling over the topic and browsing through Dion Hinchcliffe’s posts for insights on social business, I had a moment of epiphany. Social Learning and social business go hand in hand. To facilitate social learning, an organization has to become a social business first. When we talk about social learning, we are talking about the fundamental organizational structure of a business. Becoming a truly social business is an inside out change.

How Tin Can Compliant LMS Can Help Your Business

ProProfs

If your company is using a Learning Management System (LMS) or is planning to use one, then knowing how Tin Can API works will help you create and manage your trainings better. Tin Can API is basically a set of procedures that allow different learning management systems to communicate with each other. The learning data stored in the LRS is a much more sophisticated than the average course report provided by learning management systems , which are not Tin Can compliant.

SOCIAL LEARNING CANNOT BE A BOLT-ON STRATEGY

Learnnovators

Even as I was mulling over the topic and browsing through Dion Hinchcliffe’s posts for insights on social business, I had a moment of epiphany. Social Learning and social business go hand in hand. To facilitate social learning, an organization has to become a social business first. When we talk about social learning, we are talking about the fundamental organizational structure of a business. Becoming a truly social business is an inside out change.

Hr Training Software: What Makes It Your Wisest Business Investment

ProProfs

As one of the greatest assets of an organization, the human resources team plays a paramount role in managing employees and administering employment laws. As the vital link between business owners and employees, the human resources team plays many strategic roles. For that, a business needs to a nalyze the learning needs of its human resources department as they relate to day-to-day operations. Assess & Meet Business Goals. Activities-Based Training.

What is crowd-accelerated learning?

Origin Learning

Technology advancements, latest gadgets, and emerging concepts in the world of business are making organizations look at newer methods of skills training and imparting impactful development lessons. Live, real, active, and participative approach is what seems to work. Here’s an overview of last year’s statistics in the context of learning technologies: 74% of companies currently use learning management systems (LMS) and virtual classroom/ webcasting/ video broadcasting.

How to Leverage Learning to Attract and Retain Talent at Your Organization

InfoPro Learning

But with plenty of jobs on the market for employees to choose from and the unpredictably fast pace of business today, it has become increasingly hard to find and keep good people. A recent Gallup study says that more than half of workers are actively looking for new jobs. Rapidly-changing business challenges often result in ambiguous job roles and performance benchmarks, skill gaps and touch-and-go career paths. A Q&A with Learning Expert Arun Prakash.

Tips for Storytelling in Learning

Experiencing eLearning

Our brains are active for language processing but nothing else. Retold for instructional designers on focusing on the big picture and business impact rather than getting lost in the details of “order taking” for developing courses. Activate prior knowledge. Manage cognitive load. Stories help us activate prior knowledge, minimize cognitive load so more brain power focused on learning transfer.

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How to Leverage Learning to Attract and Retain Talent at Your Organization

InfoPro Learning

But with plenty of jobs on the market for employees to choose from and the unpredictably fast pace of business today, it has become increasingly hard to find and keep good people. A recent Gallup study says that more than half of workers are actively looking for new jobs. Rapidly-changing business challenges often result in ambiguous job roles and performance benchmarks, skill gaps and touch-and-go career paths. A Q&A with Learning Expert Arun Prakash.

Retaining Your Company’s Knowledge through eLearning

TalentLMS

By now, what we call the “2020 Information Age”, knowledge has become an asset. As a business organization, operating to improve and diversify assets, you may be wondering how on earth did an asset become: A. Immeasurable And all the while you thought, your eLearning efforts had been enough to generate “knowledge” within your company to coax in enough ROI, the much anticipated green bills. Think: Knowledge + Management = Knowledge Management.

Increasing Scope Of Enterprise Learning Management System For Modern Learners

G-Cube

With digitization, the use of online Learning Management Systems at workplace is trending. Utilization of latest e-learning technologies to efficiently manage the course sales. ? Leverage essential business activities from sales, reporting and marketing to customer service and content management. The highly skilled workforce incorporates advanced strategies to reduce overall costs and enhance business productivity. ?

How to speed up Knowledge Transfer  

Learning Wire

Is the pace of business really speeding up? The shareholders’ reports of companies in the S&P 500, FTSE 100 and DAX indexes illustrate the increasing pace of business by labels like “speed”, “fast”, “agile” and “disruption. billion a year by failing to share knowledge” ( Babcock , 2004). Due to the current pace of change, Knowledge Management (KM) and Knowledge Transfer (KT) have become essential for business organizations (Tyler et al 2007).

Successful Online Employee Onboarding Strategies

TalentLMS

Most firms believe that the employee onboarding are the activities taking place on the first day of work. On the contrary, business research indicates that the employee onboarding begins on the day the employee accepts the offer and goes well into their first year in the company. And would it be possible to cram all company information, its culture, business processes and unique individuals into the new hire, in one day? Do you remember your first job?