You need a knowledge management strategy. Put simply, knowledge management is the way an organisation shares information. Policy documents, guidelines, assets – these are important pieces of content, but they have a tendency to multiply and duplicate. MORE

If your legal department outsources any work to outside counsel firms , then legal spend management is an absolute must-have to control costs, manage firm selection and engagement, and understand the true value being delivered by creating visibility into the trade-offs between cost and outcomes. MORE

Organizational learning is a buzzword used to describe the process of transferring knowledge within an organization. You, your team, and your organization should be creating a broad base of knowledge during this time, covering any and all topics that could improve the way you do business. In general, the experts talk about four different types of knowledge that exist and grow within an organization. —–> Change the purchasing guidelines. MORE

Any new idea, particularly those ideas that apply to self-development, for example, competence, image, attitude, or mindset, require time to assimilate. Modules developed by leading management thinkers guide these meetings. MORE

Launching their knowledge management initiatives, organizations often resemble oil extraction companies. They start to drill their knowledge wells and rub their hands in anticipation of the upcoming boost to their business. Why knowledge lays idle. MORE

When launching their knowledge-management initiatives, organizations often resemble oil-extraction companies. They start to drill their knowledge wells and rub their hands in anticipation of the upcoming boost to their business. Why knowledge lays idle. MORE

According to Levis Francis, managing analyst and leader of the U.S. better knowledge management and transfer (37 percent). By connecting with each other, we allow for the exchange of ideas, knowledge, customs, and culture. MORE