How Encouraging a Knowledge Culture Can Affect Your Bottom Line



For engineering-focused organizations, recent economic uncertainty is complicated by an emerging “engineering gap,” as the current population of experienced baby boomer engineers will soon retire. This begs the question, how will the next generation of engineers be prepared to fill this knowledge gap if organizations don’t take some type of action?



Which is where “knowledge cultures” come in.



We all know that organizations have corporate cultures, representing the norms, assumptions, shared values, and artifacts within a company. But, whether it’s acknowledged or not, part of that culture relates to how an organization values knowledge. Some organizations place a high value on the provision and sharing of information, especially as it related to applied to learning and innovation, thus exhibiting a knowledge culture.



And, while some companies demonstrate that they highly value knowledge and invest time and resources into creating and maintaining it, others don’t – often at their peril.



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Website Content Management For Hotels…Boon or Boondoggle?



Imagine having the ability to change and update the content of your hotel's website on your own; change text, add information, that would be great. At the onset, it sounds terrific. No more waiting for your site developer to make the changes and additions you requested.



You can maintain information on your site, right at the property level. Simply choose someone to type in the changes. No more calls or emails to your site developer to make additions and changes; that would be a boon to your website's production as well as save time and money, right?



Wrong. For most hotels, it's actually chock-full of potential problems and pitfalls; a real boondoggle.



Content management usually features a template website design, which allows the site owner to change selected sections of the site itself. The concept has been used for retail sites which require constant, even daily, inventory and price changes to keep them current.



Read the entire article here.



Kofax Named to KMWorld Magazine’s “100 Companies That Matter in Knowledge Management” for 2009



Kofax plc (LSE:KFX), the leading provider of Intelligent Capture & Exchange solutions, today announced that the company was named by KMWorld magazine, a leading content, knowledge and document management publication, to its annual “100 Companies That Matter in Knowledge Management” for 2009.



“Each of the companies on the 2009 ‘100 Companies’ list was thoroughly evaluated, and each has clearly contributed value to the industry,” said Hugh McKellar, Editor-in-Chief at KMWorld. “Innovation is a key element that sets these companies apart from others and we believe they are the very best at delivering solutions that help organizations to streamline processes and highlight the positive gains in the efficiency of knowledge workers. Kofax is well deserving of this recognition.”