Knowledge management
On the modern market it is not only physical capital that matters - knowledge is rapidly growing in significance. Collection, storage, quick access to information and other aspects of knowledge management are essential determinants of success.
A professional attitude towards knowledge management consists not only of recording or usage of knowledge. Effective knowledge management requires organisational and cultural changes, such as the implementation of new communication and information channels.
It is important to note that knowlegde - in contrast to information or data - is defined as expertise. Knowledge, then, is information that is processed in a way that allows for rapid analysis, and partially replaces the work of experts. Knowledge tells us whether or not to sell shares - rather than telling us by how much their valuation has changed since the last trading session.
Our experts at JMC can advise you on how to collect information, transform it into knowledge - and hereby improve financial performance.
 Printable version
|
