In July 2010, Mark Prisk, UK Minister of State for Business and Enterprise said:
As the events of the past two years have made painfully clear, we must leave behind the over reliance on financial services and support a renewal in modern manufacturing, so we are able to grasp the huge opportunities of the low carbon age. The ideas, skills and innovations of manufacturers will be just as important to our economic future, as the mills and mines were in our past.
Ten years ago, you’d find many consultants raising the issue that an organisation’s ‘knowledge assets’ walk out the door every evening.
Today, that’s still pretty much the case.
Organisations found it was difficult to capture the knowledge locked in employees’ brains. Many invested in expensive systems that offered poor authoring environments and complex ontologies. Retrieving the recorded knowledge could be a dreadful user experience as well.
With the economic future of countries such as the UK being based partly on creating wealth from the ‘knowledge economy’ and Intellectual Property, and with the recent, exciting, developments in technology (such as the semantic web, screencasts, wikis and open source software) now is the ideal time to revisit the issue of how to capture, collaborate and disseminate knowledge within and without the organisation. For a business working in a difficult climate, it can be the equivalent of finding loose change down the back of the sofa.