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Rule Resources > Risks and Costs of IP Knowledge Loss
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Risks and Costs of     Breaking the Rules
Examples of business mistakes caused by poor:
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The Price of Poor Knowledge Management

Examples of Business Mistakes Caused by Poor Knowledge Management

The cost of capturing, transforming, and digitizing IP knowledge is much less than the price of not managing and automating knowledge.

Brain Drain Mistakes

  • Knowledge Management is Key to Preventing Brain Drain. BP found out the hard way. CEO’s finally got a wake up call about the true value of managing knowledge and the risks of losing intellectual capital. It is becoming painfully obvious that companies need to document and retain the knowledge of their key personnel and subject matter experts. They need to manage this intellectual capital and treat it like Intellectual Property (IP) before it simply walks out the door. Just ask British Petroleum...
  • To comment on this story, see blog article.

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