COVID 19 has had a significant impact upon all industry sectors; the world has changed and continues to do so; we will not be going back to the way things were, post COVID. If nothing else, the Pandemic has illustrated the importance of Knowledge and reliable knowledge flows from Government, health officials and business leaders in protecting the health and well-being of our citizens and in advancing the collective, global effort to produce and deliver a vaccine.
This reality has forced organizations of all kinds, to re-think their business and the sectors in which they operate. While this is especially true with small and medium sized businesses, it is also true for large, multinational corporations.
As all industry sectors are being forced to adapt to exponential change, largely as a result of advances in digital technologies, knowledge is fast becoming the new commodity and competitive differentiator in the Marketplace. Companies such as Google, Apple, Amazon, AliBaba etc. are really #knowledgecompanies. The application of advanced analytics and algorithms allow these firms to capture knowledge about all of us - our habits, our lifestyle preferences, where we go on vacation, what we like to eat, our political bent. and then sell this knowledge to their customers.
The adoption and application of Knowledge Management strategies and practices are being used to support cultures of innovation in workplaces, resulting in increased value capital for organizations.
My guest this weeks episode on #ForWhatitsWorth, served as KPMG's Head of Collaboration, Knowledge Management and Change Management - Global Marketing and Corporate Affairs. Prior to joining KPMG, he served as the Associate Vice President and Head, Training Capability Development for Vodafone in Mumbai, India and then Assistant Vice-President and Learning Leader, Retail Consumer Finance for General Electric in the U.S
Please join us for #KnowledgeIStheCommodity ...For What it's Worth
Music for today's show is from Ben Hunter's new record, called "Lucky". Check it out at benhunter.org and listen to the interview with Ben on #TheSpace[inbetween]
As always a special thanks to our sponsors: