Knowledge Management is a Business Imperative
- Topics:
- Knowledge Management
- Tags:
- Business Intelligence,
- Software,
- Management,
- Law Library Resource Xchange,
- Knowledge Management,
- Knowledge,
- Enterprise Software,
- Data Management,
- Business Objective,
- Strategy
- Source:
- Law Library Resource Xchange
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Overview: Law is a knowledge-based profession. However, for many lawyers, knowledge management remains a narrow theoretical concept. To succeed at knowledge management, lawyers must take a broad view of knowledge management, and consider both the strategic and operational elements of knowledge management such as : 1. Knowledge management must be closely tied to a lawyer’s business objectives. 2. Management must be in front of, and behind, knowledge management. 3. Knowledge management needs a culture to facilitate it. Knowledge management, like any other initiative, requires significant investment so it must deliver results. The best way to justify investment in knowledge management is to ensure that knowledge management is directly tied to one’s business objectives. Where a law firm or law departments is clear on its business objectives, and how knowledge management can drive the achievement of those business objectives, justifying knowledge management is easy. knowledge management is done well, it will lead to reduced costs, increased revenue, increased profitability and the achievement of your other business objectives.
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Format: HTML | Date: Sep 2003 | Pages: 1
