Businesses use knowledge technologies to improve productivity all the time. Some tools, such as data visualization, appear natively and aren't a big deal anymore. However, with a thoughtful approach to knowledge management, companies can significantly boost their employee efficiency and economic metrics.
Employee productivity is now a new phenomenon. It received appreciation during the industrial age and made scientists focus on time, motion, and standardized procedures to reach higher outputs. Today, we view productivity differently due to the emergence of more abstract and creative occupations.
Even so, employee productivity is usually measured by the same things:
Adequate time and resource utilization;
Quality of delivered work;
Cost of labor;
Overall time spent on tasks.
There are ways to start small with knowledge management for productivity, such as integrating the relevant software into a specific business process. But some companies benefit primarily from establishing a knowledge-sharing culture across all departments.
Read more about how knowledge interacts with productivity and ways to make the most out of it in a new article, How to Improve Employee Productivity with Knowledge Management.