Knowledge Services: Crucial in Today’s Knowledge Economy

If you’re beautifully organized, you can quickly find all your documents when you need them. However, if you’re like most people, the frustration and lost time spent trying to locate a needed document can be seriously irritating.

However, your worst experience trying to retrieve a missing piece of information pales in comparison to what regularly happens in large organizations. The question of “Where do I find this?” uses up enormous amounts of time and resources.

Or worse, the information can’t be found at all, and the people who need the information have to develop it again from scratch. While reinventing the wheel, they need to go through the entire learning process all over again and they’re likely to duplicate past mistakes since they’re unable to benefit from experience.

To see how this plays out in actual practice, and then what can be done about it, Guy St. Clair, the founder of SMR International, gives two examples from his professional experience. One involves the fact that the information was never retained and the other, is, the information exists but just can’t be located.

He’s disguised the names of the countries and agencies involved, but the gist of the stories is entirely accurate. See if you’ve experienced either kind of dysfunction in your own organization.

 

The Information Doesn’t Exist

For the first example, suppose you work for a UN agency that has built wells in Africa. This effort has improved the health and well-being of thousands of people. Funds for these efforts came from donor countries, and in the past dozens of countries have given grants for building these wells.

However, there’s a problem. When the well-building projects were completed, the donors, took a figurative victory lap, and then moved on to other efforts.

Typically, they didn’t spend the money needed to record and catalogue how they accomplished the task. Then, when a fresh grant comes in for building more wells, the agency lacks the detailed directions on how they built the previous wells.

The agency needs to figure out all over again such factors as costs, time-lines, reliable contractors, area experts and on and on. Scarce money and resources get wasted re-inventing how to build wells.

 

The Information Can’t Be Found

The other kind of information loss that St. Clair likes to help prevent is, say you run a large PR firm that does jobs for the XYZ Corporation.  Then you get a contract for a similar task from another client.

To your consternation, neither you nor anyone else can locate the records that you know exist. You’ve spent thousands of hours on research, yet the research is useless to you now that you need it again.

In this case, the task of saving the content and tagging it for retrieval was turned over to a new hire who didn’t understand the terminology.  He input the data into the company database in such a way that no one else can find it.

 

How to Avoid These Problems

In today’s workplace — whether it’s a business, a non-profit, a not-for-profit, or any other type of organization — we hear all the time about “big data,” “too much information” and similar descriptions, and the examples described here are typical.

“One way to think about it,” St. Clair says, “is to understand that all this data, information, and everything else everyone in the company knows is the company’s knowledge, its intellectual capital, and it’s an asset clearly recognized as currency in today’s management environment. But how do we get people use that currency, to share knowledge?”

St. Clair’s solution? He encourages organizations to take advantage of the relatively new specialty of knowledge services.

“It’s an approach to knowledge-sharing,” St. Clair says. “Knowledge services brings people with academic training in this work into the organization. We call them “knowledge strategists” or “knowledge services professionals,” and they are the people who know all about retaining and accessing an organization’s information and knowledge in the most efficient and cost-effective way.

And they don’t do it alone: In St. Clair’s view, the organization’s senior leaders also have a role in the process. “It’s a cooperative effort,” he says. “Senior leaders need to take responsibility for knowledge management, to share and justify to other C-suite people the importance of having trained knowledge services professionals in the organization. And when both knowledge strategists and senior leaders work together, the organization is better managed and more successful, functioning as a knowledge culture.”

For more information on knowledge services, visit St. Clair’s blog at:  www.smr-knowledge.com. You can also e-mail him at guystclair@smr-knowledge.com or call him at 917 797 1500.

Search Articles

Latest Articles

Gina Gardiner & Friends: Mitzi Perdue

Gina Gardiner & Friends: Mitzi Perdue About The Episode Welcome to the 'Gina Gardiner & Friends Show' - this episode features my guest, Mitzi Perdue whose theme was 'A New Perspective On The War In Ukraine'. About The Show The Gina Gardiner & Friends Show is...

read more

Wisdom from Mitzi Perdue, Daughter of the Sheraton Founder

Wisdom from Mitzi Perdue, Daughter of the Sheraton FounderAbout The Episode In this episode of the Think Millions Podcast, we delve into the extraordinary life of Mitzi Perdue, who has been surrounded by greatness her entire life. As the daughter of Sheraton Hotels...

read more

Subscribe to Updates

About Author

Mitzi Perdue is the widow of the poultry magnate, Frank Perdue.  She’s the author of How To Make Your Family Business Last and 52 Tips to Combat Human Trafficking.  Contact her at www.MitziPerdue.com

All Articles

Family Businesses Can Learn from Military History

Family Businesses Can Learn from Military History

Family Businesses Can Learn from Military HistoryMilitary Culture My late husband was fascinated by military culture, and you could often find him reading the biographies of famous generals. His fascination stemmed from his interest in human motivation. He often...

read more
Family Quarrels & Mediation–Pull Back from the Brink

Family Quarrels & Mediation–Pull Back from the Brink

Family Quarrels & Mediation– Pull Back from the BrinkI hope you’re not reading this because you’re up against a family quarrel. The pain of a family quarrel can permeate every hour of every day.  The fallout has the potential of threatening everything we all hold...

read more
What Family Businesses Can Learn From Military Culture

What Family Businesses Can Learn From Military Culture

What Family Businesses Can Learn From Military CultureFor longevity and having an extraordinarily strong culture, few organizations can match our military.  The military culture of our armed services began before the founding of our country, and it survives to this...

read more
Four Sure-Fire Ways to Stand out in Your Career

Four Sure-Fire Ways to Stand out in Your Career

Four Sure-Fire Ways to Stand Out in Your CareerA young man in a class I was addressing at a Columbia University business class asked me a poignant question. “How do I stand out in my career?” He was in his mid-twenties, professionally dressed, and his body language...

read more
Family Stories Keep Families Together

Family Stories Keep Families Together

Family Stories Keep Families TogetherJackie Kennedy Onassis once said: “If your children turn out well, nothing else matters. If your children turn out badly, nothing else matters.” Having the young people in your life turn out well is as important as anything else...

read more
Choosing Your Family Business Advisors

Choosing Your Family Business Advisors

Choosing Your Family Business AdvisorsKnow when you need to get help. People often ask me the secret of Frank Perdue’s success. He had to do hundreds of things right. He had to be able to see the big picture as well as be detail oriented. But there was something else:...

read more