The availability of opportunities in any discipline directly corresponds to its revenue potential, growth, technology advancements, and most importantly development and acceptance of global standards.
Conversely, the adoption of new disciplines and the associated academic as well as business interest reflects the growth potential of the discipline.
As the KM field expands, organizations increasingly rely on “knowledge workers” to generate, classify, manage, and distribute tacit and explicit knowledge.
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The Chief Knowledge Officer is the pinnacle position in a web of knowledge and information professionals.
In the knowledge enabled organizations of today, many other levels of knowledge workers from different backgrounds contribute to the KM systems in place or being developed and the harnessing of the organizational knowledge capital (K-capital).
Opportunities for KM in a business commence when a company begins to develop its first product or service.
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It supports the business process through the activities of attracting prospects and winning customers and continues right through to retaining business and winning back valued clients from the competition.
The timely, adequate and appropriate management of information and knowledge is a key competitive issue for many companies and KM presents the opportunity to ensure that these issues are addressed. KM can be used to ensure that, a business has a better grasp of the market trends.
It can be employed to create greater customer intensity and greater agility in responding to commercial opportunities.
KM provides many opportunities, both for organizations as well as individuals, through the cohesive and purposeful application of an integrated collection of sound principles and practices from a variety of disciplines and fields, which in conjunction with IT as a facilitator, can drive real organizational improvements and benefits at all levels.
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KM can touch nearly every aspect of a modern knowledge intensive business, and the opportunities that it can realize are only limited by the extent of our imagination and innovation.
Increasingly, organizations are relying on people with specific training in information and knowledge systems coupled with a strong functional expertise to occupy the various positions being thrown up.
The reader may please note that the list presented here is by no means complete and is not intended to serve as a compendium of opportunities in this field.