The classifying of knowledge, and the centralized management and availability of knowledge, allows organizations to keep pace with today’s changing environment. Knowledge can be made available by profession group, department, project, project group or subject. Additionally, knowledge might have varying relevance and access rules from one individual to the next.
There are several reasons why an organization would wish to guard its knowledge and use knowledge management such as the changing market and the need to retain a strong competitive edge, especially in business services. Knowledge management identifies your experts, presents information in structured ways and classifies it, so that knowledge is preserved and more readily available and locatable. With knowledge management, you are safeguarding the structural soundness of your organization!