3 things you should know about knowledge management

Knowledge is power, so how do you manage your knowledge?

1 Trade secret
For many, the main commodity they can trade is knowledge. Our value is based on what and who we know, rather than what we are able to produce. Increasingly we are responsible for acquiring and updating our own knowledge rather than relying on an employer to provide it. If you do something well – better than anyone you work with – there’s a dilemma. Should you enable others to match your standard of performance, or keep it all to yourself to safeguard your superiority?

2 Share and enjoy
Sharing expertise refines and extends it. In an ideal setting it should enhance rather than diminish your position. Giving away what you know is fine if there’s some reward and a strong possibility the beneficiaries will keep coming back to you for more. You are unlikely to ever transfer all you know to those you are helping. Providing others with an insight into the complexity and possibilities of your subject can help you create a niche as the expert.

3 Your terms
Be cautious if you work in a setting where people are treated as short-term assets. Knowledge is power and it’s foolish to weaken your position while contributing to the greater glory of the ruthless. Hoarding information can give you leverage, but at a price. It can trap you in the position of carrying excessive responsibility without backup. Concealing what you know is frustrating. Find an employer who inspires you to celebrate rather than hide your capabilities. 

"Increasingly we are responsible for acquiring and updating our own knowledge rather than relying on an employer to provide it"