Benefit of KM Implementation

 

• KM helps avoid unnecessary work duplication, expensive reinvention of the wheel and repetition of mistakes. In other words, KM improves productivity.
• KM softens the blow when talented people leave the firms, by ensuring that most, if not all of their knowledge is captured in the company’s systems and processes.
• KM improves the agility of the firm by helping it to understand and react to the environment better.
• KM can compress delivery schedules and reduce cycle time, by reuse of components.