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Showing posts from April, 2007

Measuring Knowledge Management

So now that my company has decided to embark on a Knowledge Management (KM) path the inevitable question is: How do you measure success of the KM program? From the research I have done there seems to be no easy answers. The main issues are: KM is a soft subject, it enables many different activities within a Professional Services organization but is not directly responsible for these activities. Direct impact of KM on hard metrics such as Profitability, Resource Utilization, Resource Productivity, Margin etc are hard to attribute directly to KM, as any number of factors can influence these areas. Collection of metrics can prove to be just as difficult as determining the appropriate metrics. From the research I’ve done and conversations with my Board and other individuals I’ve come up with a categorized system of metrics. Indirect: These are metrics that KM has some degree of impact on but cannot be directly and solely attributed to KM activities. Such metrics include, Year over Year