Knowledge management and innovation

What’s the relationship between knowledge management practices and innovation? On first thought, you would think that effective knowledge management would contribute to more effective innovation as well. On the other hand, knowledge management has often been justified on the value of not routinely reinventing solutions to problems that an organization has already solved. This potentially puts knowledge management and innovation at odds with one another.

The sticking point lies in the measurement and reward systems put in place to encourage active use of the knowledge management system. Absent careful thought about the various ways in which the contents of a knowledge management system feed into business processes, the risk is a measurement system that actively inhibits rather than promotes innovation.

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