''So much of an organisation’s knowledge is locked up in its records. So why isn't records management seen as the key to harnessing that knowledge to improve the business?''
This was one of several challenging questions that Ceri Hughes posed to records managers from the Records Management Society (RMS) London Group at their June meeting, held here at TFPL last week. Ceri is Associate director of knowledge management at KPMG, having previously been records manager at Cable and Wireless. She is a past chair of the RMS.
Ceri said that her own previous experience as a records manager had been of considerable help to her as a knowledge manager but that organisations still did not sufficiently appreciate the contribution that records management could make. In her experience knowledge managers talk a better game than records managers in making sure their discipline:
· Is seen as being critical to business process improvement
· Is seen as being critical to building the intellectual capital of the organisation
· Is not just on the boardroom agenda but also in the annual report, as something the organisation is proud to report on
Improving business processes
It was important for records managers to make the link between timely access to records and efficiency in business processes. Examples of where this had been successfully demonstrated by knowledge managers include one were knowledge managers ensured that key knowledge and productivity tools provided by the organisation were explicitly linked into the business process by which the employees carry out their work. The same system on which employees recorded their day to day activities and the work for clients also gave access to key resources such the organisations' Yellow Pages.
Building intellectual capital
Ceri showed examples of an increasing trend for companies to report on their intellectual capital, as a means of promoting their company. Records are a crucial repository of an organisation's intellectual capital. But we can not assume that just because information is present in records that it is exploitable as a knowledge resource. Effort and thought have to be extended to ensure that key information from key records can be easily accessed and used.
Ceri gave an example of this from the professional services sector : In order to win new business organisations need to be able to demonstrate their credibility by showing examples of similar work carried out elsewhere. One of the sources that can harvest this type of information is an organisations' records, but it needs to packaged in a way that supports access within tight timescales.
Getting on to the boardroom, and then into the annual report
Records management has been successful in getting onto the boardroom agenda, but that it was not necessarily on that agenda for the best reasons. Too often records management was on the boardroom agenda as a compliance issue, and rarely on the agenda as a source of value to the organisation. Knowledge managers have on the whole been more successful in being recognised as a means of adding value to the company: KPMG’s own annual report includes as section on the value of its knowledge assets.
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