What exactly is knowledge management?
||Ask The Experts published in DMReview.com
October 1, 1999
What exactly is knowledge management? How does knowledge management help the data warehousing developer? Are there any knowledge management tools available?
David Marco's Answer: Knowledge management is the gathering and sharing of intellectual capital (data, information and knowledge) and organizational learning to provide a competitive advantage in the marketplace. Knowledge management can benefit a corporation in a number of ways, including:
- Leverage "lessons learned" to lower expenses.
- Share information to generate new ideas and increase revenues or decrease expenses.
- Creating additional corporate value through the sharing of knowledge.
- Increase ability to adapt the corporation to change and opportunities in the marketplace.
- Innovation through the sharing of past solutions and collective ideas.
The key to any knowledge management effort is the meta data repository. The meta data repository captures and disseminates the corporate "knowledge" to many different user groups including the data warehouse developers. The data warehouse developers can use the meta data repository to understand how the current data warehouse is build and how new changes will impact the data warehouse.
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David Marco is an internationally recognized expert in the fields of enterprise architecture, data warehousing and business intelligence and is the world's foremost authority on meta data. He is the author of Universal Meta Data Models (Wiley, 2004) and Building and Managing the Meta Data Repository: A Full Life-Cycle Guide (Wiley, 2000). Marco has taught at the University of Chicago and DePaul University, and in 2004 he was selected to the prestigious Crain's Chicago Business "Top 40 Under 40." He is the founder and president of Enterprise Warehousing Solutions, Inc., a GSA schedule and Chicago-headquartered strategic partner and systems integrator dedicated to providing companies and large government agencies with best-in-class business intelligence solutions using data warehousing and meta data repository technologies. He may be reached at (866) EWS-1100 or via e-mail at DMarco@EWSolutions.com.
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