KM (Unit-3)
KM (Unit-3)
Before you begin your knowledge audit, it’s important to be able to articulate
why you’re doing it and set some objectives. Potential objectives may include:
With those objectives in mind, you’ll have a better idea of the information you
need to collect during the audit.
While you will have a core team overseeing the knowledge audit, insight from
a variety of stakeholders can help you develop a more accurate picture of your
organization’s knowledge. If you’re conducting a company-wide knowledge
audit, make sure to include representatives from any teams that contribute to
and share company knowledge (which should be every team). If you’re
conducting a knowledge audit within your department or team, assemble a
group of 3-4 team members to help you with the next step of the process.
One of the most critical tasks of the knowledge audit is creating an inventory of
what knowledge exists in your organization (and where it lives). When
preparing for this step, it’s important to think about all types of
knowledge: implicit, tacit, and explicit. You’ll need to look to several different
sources to complete this inventory, potentially including:
As you complete your inventory, you will start to see gaps emerge. Are you
lacking particular training documents? Are you unsure if the PDF you’re looking
at is the “final” version of the latest white paper? Should there be a thorough
process document explaining how to handle prospective customers’ objections
during the sales cycle?
Beyond the obvious gaps, you should also pinpoint opportunities to make your
company’s knowledge sharing process easier and more effective. Consider:
Knowledge teams:
develops information that can be used for bench marking analysis, and;
Our knowledge team should be a rich mix of individuals meeting the following:
Qualities include:
o Individual thinkers, working in sync, with the combined geospatial skills,
technical skills, and domain experience that spans the problem domain.
o A dynamic, likely conflicted team that expresses alternate perspectives,
but still has energy and purpose that propels it forward in achieving its
purpose.
o Individuals willing and responsible for expressing their perspective.
o The contrast with a group. A group is like a bunch of people on a bus all
heading in the same direction driven by the bus driver. People do not
talk with each other on the bus. They get on and off as they please. The
only commonality is the vehicle.
Actions of the team:
o demonstrate accountability;
o involve conflict;
o have individual roles that are critical to and subordinate to team goals.
"I" is each of the parts that forms the "we" that pull together to make it
about the bigger "us."
Images that fit teams include:
o an aircraft carrier, and;
o a surgical team.
The main criteria for the design and evaluation of a knowledge management
system, such as one developed for a business organization, are the following,
with reference to the characteristics of the organization and their effects on
individual and group performance: (1) organizational culture, (2) compensation
system, (3) perspective or model for analyzing the organization, (4)
technological skills of employees, and (5) technological capabilities of the
organization. These factors are among the most crucial for managers to
consider for improving effectiveness and success in implementing the
knowledge management system.
Compensation Systems
A company’s compensation system affects the design and evaluation of
knowledge management systems in the organization. The significance of the
compensation system is based on the motivational influence of compensation.
For example, motivation theory indicates that compensation determines the
way employees perceive their jobs and their work environment. A company
that wants to improve knowledge management capabilities would need to
ensure that its compensation system is sufficient in motivating workers to
support organizational efforts in knowledge management.
The resource-based view (RBV) can be used to ensure a proper fit or alignment
between knowledge management and strategy development. Emphasis on the
technological resources of the organization helps in cases where the new
knowledge management system critically depends on such resources. Through
RBV, managers can identify technological resource deficiencies that could
hinder the successful use of the system.
This tool helps resolve data silos that frequently occur by performing data
pooling into one collective resource, and the users can quickly find the
information. It’s regularly used to ensure knowledge gaps are avoided for
employees.
The tool possesses customer self-service options that enhance the customer
experience as the users can smoothly grab the effective solution irrespective of
calling the support representatives.
So, without further ado, let’s look at the best tools for knowledge
management.
9 Best Knowledge Management Tools Compared
Here, the top learning management systems are compared based on user
rating, USPs, and features. From this comparison, an apt decision on selecting a
knowledge management tool can be made easily. From the table presented
here, an apt decision on selecting a knowledge management tool can be made
easily.
Knowledge
Management Ratings Price Features
Tool
Custom document
management systems
End-to-End Bit document
sharing
$8 – customized plans per
Bit.ai 4.6/5 Smart Bit document editor
member/month
No configuration needed
Supports PDFs
Unbelievably customizable
members/month
Rational analytics
Easy authoring and content
formatting
Third-party integrations
Customizable branding
$12 – customized plans per API integrations
HelpCrunch 4.7/5
member/month
Reporting/analytics
Alerts/escalation
Easy file-sharing
No separate documentation
processes
Project management for any
company
Organize, track, and review
decisions
CloudTutorial
1. CloudTutorial
CloudTutorial
Rating: 4.3/5
Top Features:
You can create your custom domain and do branding with your name. It helps
With CloudTutorial knowledge management systems, you can offer the best
support experience to your customers. It’s user-friendly and easy to use and
collaborate with your team. Ultimately, it will help your organization improve
Bottom line:
docs.
Bit.ai
Bit.ai
Rating: 4.2/5
Top Features:
Bit.ai is a perfect knowledge management tool that helps the team members
great extent.
Bottom line:
Bit.ai holds a good record when it comes to data creation and sharing in huge
projects. Your team can easily connect and collaborate before making the
HelpJuice
HelpJuice
Rating: 4.4/5
Top Features:
o Full-Text Search
o Self-Service Portal
skills on the available new posts and smoothly share page reviews. To opt for
various vital features, you need to pay a huge amount, which is not always
Document360
Document360
Rating: 4.7/5
Top Features:
o Categorization Features
plans as per the organization’s budget and work experience. It is one of the
responsive knowledge base software. Specifically, the large teams’ best
Also, it works on both internal and external knowledge base categories for
Bottom line:
HelpCrunch
HelpCrunch
Rating: 4.7/5
Top Features:
o Support Collaboration
o Full-Text Search
HelpCrunch is an efficient and easy-to-use customer service tool that
subscription plan, including the primary, modern, and innovative tool that
makes a smooth process for the customers to use the knowledge base tool
more conveniently.
Bottom line:
With HelpCrunch WYSIWYG text editor’s help, one can quickly create articles
for customer support to become relatively easy. Such features come with a
Atlassian-Confluence
Atlassian-Confluence
Best for Forming Internal Knowledge Portal
Rating: 4.0/5
Top Features:
o Collaboration Tools
for project managers that use the Agile method. JIRA is one of the leading
Bottom line:
Atlassian’s Confluence facilitates you to create internal document
Guru
Guru
Rating: 3.0/5
Top Features:
company’s data store and retrieves it together from one place. It involves
using Artificial Intelligence (AI) that allows your agents to suggest information
and helps the team avoid searching for data during a service interaction. It is
Bottom line:
Guru helps the business upgrade the daily task and workflow to work as per
the time and function. Sometimes it seems a bit difficult to incorporate all its
Sabio
Sabio
Rating: 4.8/5
Top Features:
o Decision Tree
o Effective API
Sabio follows an effective knowledge management policy that helps the
or an employee to store and retrieve the company’s data. This search tool
uses the “Tree” structure that makes it easy for users to search for their
Bottom line:
In Sabio, the user experience is robust because the suggestion of the various
contents works as per the available user’s goal. However, while collaborating
on a project, you may sometimes come across various bugs hampering your
workflow.
Quip
Quip
Rating: 4.2/5
Top Features:
o Event Management
o Group Management
o Discussion Board
business create or upload new knowledge base articles with ease. The
file types upload are possible to ensure all of your company data is available
in one place.
Bottom line:
Quip plays a vital role in content creation, allowing the team members to
collectively, this tool gets crashed and team productivity gets hampered.
These were the leading knowledge management tools that help the organization
practice insights.
Moving ahead, let’s have a quick look at the benefits of using such tools in your
organization.
The knowledge base platforms are of two forms – stand-alone solutions and all-in-
one customer support solutions. If the organization opts for an all-in-one solution,
just make sure the knowledge base integrates with other channels as per the
The article sharing is possible by accurate support reps where the customers can
quickly find answers. No matter which best practices the organization uses for
knowledge software, the features for such inspiring knowledge management tools
The service agents can use the readily available customer data to have an
your team uses a CRM database using a guide, so the team member can
easily store the saved data for past customer interactions. Once the customer
experience.
becomes relatively easy for employees and customers to resolve the issues,
Only the employee knows the perfect place of the relevant resources, and
customers typically make knowledge base solutions to resolve the complex
roadblocks. Once the team provides a robust and quicker solution, it usually
The customer service team can quickly grab the advantage by including a
are quite simple and intuitive do not longer need an agent to resolve them.
Instead, the customers can identify their solutions irrespective of phone
picking or writing an email. Once such simple cases pop out from the support
queue, the service team can ultimately spend extra time on complex and
emergent issues.
images, coding functionalities for video samples, and also deal with notes and
resources.
o Accurate reports to track how the articles operate related to views and
helpfulness are pivotal.
customize its website with unique brand colors, logo, header images,
Keeping all the relevant information in one place makes it relatively easy for
the teams or employee groups to grab the advantages of fetching new ideas
planning to make innovative proposals that can benefit its fundamental roles.
Multiple levels make this feature allow the organization to deal with
Basically, a knowledge management portal should have any and all information
an employee may need to do their job well.
To be sure, the concept of a knowledge management portal isn’t all that new.
In fact, companies have been using them in some form or another since at
least the 1990s, when the internet went “mainstream”.
Source
But, it’s only recently that teams have begun using knowledge management
portals as more than just mere information repositories. The modern
knowledge management portal is a digital place in which active learning and
exchange of knowledge is almost always occurring.
Let’s take a closer look at some of the more specific benefits of creating a
knowledge management portal.
(A quick note: These benefits apply to all knowledge portals — even the most
basic ones. That is, as long as the information presented within is accurate,
comprehensive, and complete.)
For one thing, having quick and easy access to vital information will allow them
to work efficiently. Without this Single Source of Truth, though:
Having access to proven best practices, demo videos, and other educational
knowledge content will also improve your employees’ effectiveness. As time
goes on, you’ll make even more improvements to this content — making it
even more crucial to your team’s overall efforts.
With this information in hand, they’ll easily be able to steer their prospects and
customers to their next purchase.
Your service and support teams will also have access to tons of info (e.g.,
product instructions and workflows, frequently asked questions,
troubleshooting data, etc.) to help them better serve the customer.
Again, mix one-part efficiency and one-part effectiveness, and you have a
recipe for a successful customer engagement.
With the entirety of your organizational knowledge all in one place, it becomes
easier for your employees and teams to stay aligned with one another over
time.
Thinking of the “big picture”, your employees will have open access to your
company’s vision and mission statements and other supporting documentation
at all times. The organization-wide focus on knowledge management will also
serve to keep your team members aligned and moving toward a common
overall goal.
With your team’s processes and workflows laid out so clearly, making
meaningful improvements to said processes will become that much easier.
A “Blank Canvas”
As
shown above, you’ll pretty much have a blank slate on which to create
individual knowledge assets — and on which to connect these assets into a
cohesive knowledge management platform.
For one thing, it can cause you to take a haphazard approach when creating
knowledge content in the first place. Without any templates to work off of (or
even just to use for inspiration), the content your various teams create will lack
the uniform appearance and structure needed to maximize knowledge
transfer to learners.
Your team also won’t have much guidance when it comes to building a
structured, cohesive web of knowledge, either. While not impossible to create
this structure on your own, it will be just one more thing for your team to do as
you get your knowledge management efforts up and running.
Finally, the presentation of this knowledge is again based solely on your team’s
technical capabilities. If basic, text-based content is all they’re able to create,
that’s all they’ll see when accessing this knowledge in the future.
Poor Knowledge Accessibility
Though basic portal tools will likely have some type of search feature, it
typically won’t be all that sophisticated. In many cases, learners will still need
to wade through a sea of irrelevant search results to find the information
they’re looking for.
Similarly, the tool’s content tagging feature may also be pretty rudimentary.
This, again, can make it difficult for learners to find relevant knowledge
content — especially for those who are just browsing and may not know
exactly what they’re looking for.
Yes, your individual team members will be able to add, edit, and improve
knowledge content as needed. And they probably have other collaborative
tools at their disposal to use in conjunction with the portal.
Still, it’d be much better to have all of this in one comprehensive tool, no?
Rudimentary Analytics
Unfortunately, basic KB portals offer just as basic reporting and analytics data
for your team to work with. Typically, you won’t get much info in terms of how
your team uses your knowledge, how it’s impacting their work, or how your
KM initiative has impacted your company’s bottom line.
Data Mining:
Nowadays, data mining is used in almost all places where a large amount of
data is stored and processed. For example, banks typically use ‘data mining’
to find out their prospective customers who could be interested in credit
cards, personal loans, or insurance as well. Since banks have the transaction
details and detailed profiles of their customers, they analyze all this data and
try to find out patterns that help them predict that certain customers could
be interested in personal loans, etc.
The whole process of Data Mining consists of three main phases:
1. Data Pre-processing – Data cleaning, integration, selection, and
transformation takes place
2. Data Extraction – Occurrence of exact data mining
3. Data Evaluation and Presentation – Analyzing and presenting results
Real-life examples of Data Mining
Market Basket Analysis: It is a technique that gives the careful study of
purchases done by a customer in a supermarket. The concept is basically
applied to identify the items that are bought together by a customer. Say, if a
person buys bread, what are the chances that he/she will also purchase
butter. This analysis helps in promoting offers and deals by the companies.
The same is done with the help of data mining.
Protein Folding: It is a technique that carefully studies the biological cells and
predicts the protein interactions and functionality within biological cells.
Applications of this research include determining causes and possible cures
for Alzheimer’s, Parkinson’s, and cancer caused by Protein misfolding.
Fraud Detection: Nowadays, in this land of cell phones, we can use data
mining to analyze cell phone activities for comparing suspicious phone
activity. This can help us to detects calls made on cloned phones. Similarly,
with credit cards, comparing purchases with historical purchases can detect
activity with stolen cards.
Association
Another interesting goal is association – linking two seemingly unrelated
events or activities. A classic story from the early days of analytics and data
mining, perhaps fictitious, has a convenience store chain discovering a
correlation between sales of beer and diapers. Speculating that harried new
fathers who run out late in the evening to get diapers may grab a couple of six-
packs while they are there. The stores position the beer and diapers in close
proximity and increase beer sales as a result.
Clustering
This approach is aimed at grouping data by similarities rather than pre-defined
assumptions. For example, when you mine your customer sales information
combined with external consumer credit and demographic data, you may
discover that your most profitable customers are from midsize cities.
Regression
One of the mathematical techniques offered in data mining tool kits,
regression analysis predicts a number based on historic patterns projected into
the future. Various other pattern detection and tracking algorithms provide
flexible tools to help users better understand the data and the behavior it
represents.
These are just a few of the techniques and tools available in data mining tool
kits. The choice of tool or technique is somewhat automated in that the
techniques will be applied according to how the question is posed. In earlier
times, data mining was referred to as “slicing and dicing” the database, but the
practice is more sophisticated now and terms like association, clustering, and
regression are commonplace.