Making a Market in Knowledge

The proprietary knowledge that resides in the minds of a company’s top professionals is a source of competitive advantage. An effective, efficient, company-wide knowledge market can deliver this power in ways that past efforts at knowledge management have failed to do. By creating a market mechanism for knowledge and a culture that encourages employees to share valuable knowledge with peers, companies can aggregate internal supply and demand from the many small, subscale knowledge-management systems that already exist within them.

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