Article | February 4, 2021

Why Knowledge Management Demands Prioritization In Your Digital Transformation Journey

Source: IFS North America

By Sarah Nicastro, Field Service Evangelist, Future of Field Service

digital-transformation

I’ve taken note of a recurring theme in many of my conversations with service leaders in recent months: the prioritization of knowledge management within their digital transformation roadmaps. While knowledge management has long been considered “important” to some degree, this increased focused makes sense when you pause to consider a variety of factors at play within service that are shining a light on the need for a strong knowledge management program.

First, you have what is often referred to as the talent gap – experienced workers retiring at a far faster pace than companies can bring newer talent on. When these experienced workers leave the workforce with much of the knowledge they’ve gleaned over a lifetime’s career only in their heads, it presents a real problem. The ability for companies to capture this knowledge in a way that allows them to retain it once these employees have departed and make it consumable for others within the organization is becoming increasingly critical. Furthermore, access to knowledge has been linked with employee satisfaction – technicians are happier doing their jobs when they know they have the information they need to do them well the first time.

Second, there is the trend of the use of third-party field service workers. The need here isn’t all too different from the first – when you’re relying on resources to execute your work that don’t (yet) know your businesses, the need for an effective way to provide them with the knowledge they need to get the job done is very important. With a strong knowledge management system in place, the process of getting third-party resources up to speed, and your comfort level that they will be able to conduct the work with all necessary insights at their fingertips, is vastly improved.

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