Knowledge Management Goes to Market
Some managers who have attempted to leverage value from knowledge management (KM) initiatives have discovered that failure is often a result of: (1) an overintellectualization of the definition of knowledge that bogs the project down, or (2) the inability to encourage knowledge sharing amongst employees. This Executive Report by John Berry discusses a radical approach to jump-starting KM initiatives -- the use of market principles where employees "buy and sell" knowledge.
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