Why knowledge management is an important pillar of your digital workplace

eXo Platform Blog

With the growing expectations of tech-savvy employees and the changing dynamics in the workplace, organisations are under constant pressure to introduce the latest technologies at work.

The last decade was characterised by the increasing popularity and spread of platforms and business-specific applications like enterprise social networks (ESN), knowledge management systems (KMS) and others. This led to business tools overload and a significant decrease in productivity.

As a result, digital workplace solutions made their way into the workplace as an alternative that can – to a degree – encompass all of these applications and platforms.

In this blog post, we will discuss knowledge management systems and why it is important to have one in your digital workplace.

Knowledge management in general refers to the process of acquiring, storing and sharing information from several sources and making it readily available to exploit and evolve in a simple way.

A built-in knowledge management system can improve your organisation in the following ways.

  1. Boost productivity

The increasing number of tools used within the workplace – such as emails, chat applications and even social media platforms like Facebook and Twitter – makes it extremely challenging for employees to locate and find the information they need. In fact, according to the International Data Corporation, a typical employee spends 2.5 hours or approximately 30 per cent of the work day locating information. This can eventually lead to a significant decrease in productivity and high costs.

An integrated knowledge management system will help reduce the time spent by your employees looking for information. Your employees can build a rich knowledge base that contains all types of knowledge – documents, videos, images and so on. Whenever a user is looking for information, they can use the search functionality to easily find what they want.

  1. Facilitate employee onboarding and continuous learning

Employee onboarding is often a tricky task for organisations and it gets even trickier if you do not have the tools to support such demanding programmes. Whenever the subject of onboarding and continuous learning is brought up, we tend to directly focus on learning management systems, which provide employees with training via different methods. Learning management systems are part of knowledge management as a whole. They allow instructors to organise and manage training material in a centralised location.

A knowledge management system, on the other hand, enables users (regular employees or instructors) to store all types of knowledge in a single location. This allows users to revisit training material, whether documents or video tutorials, at any time. This helps newcomers and employees to access information in a quick and timely manner, learn more about the company and make better informed decisions.

  1. Reduce duplicated knowledge

The use of multiple tools and applications in the workplace can lead to data loss and duplicated knowledge. Imagine working on a task for days, only to find out that one of your team members did the same thing a couple of months ago. You will certainly feel frustrated because you could have used the time to work on other tasks or build on what has already been done.

An integrated knowledge management system with a robust search engine will help avoid this issue. Once the data is organised in a centralised location, you will be able to easily locate what you are looking for with a simple search query.

  1. Increase customer service and support

Whenever we interact with a customer support or service agent, we always expect to get answers instantly. This puts extra pressure on businesses to provide their workforce with the latest technologies that will enable them to give assistance in a quick fashion.

With an integrated knowledge management system, customer support and service agents can gain quick access to a rich knowledge base. This base may include questions frequently asked by clients, information about products or services and other useful information. Clients can get their answers quickly and support agents will be able to deal with more requests effectively.

Every digital workplace implementation initiative is driven by a number of factors. Facilitating knowledge sharing and the exchange of expertise represents one of the main factors that push organisations to adopt a digital workplace solution.

In this blog post, we covered the various benefits a knowledge management system can bring to your organisation. Make sure to read our previous posts on this topic and take a blog tour to keep up with our latest news.

 

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Product Marketing Specialist

I am a product marketing specialist at eXo. My role is to assist marketing and sales teams in their operations and present our digital workplace solution to the world. I mainly blog about the latest tech trends, digital transformation, internal communication and how to navigate through eXo Platform.

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