How Knowledge Management Empowers Developing Regions in Achieving Development Goals

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How Knowledge Management Empowers Developing Regions in Achieving Development GoalsKnowledge Management (KM) is essential to the growth of nations, especially now that there are a variety of channels for the creation and exchange of knowledge. The emergence of the internet, as well as various technological innovations have resulted in the generation of large volumes of data per minute, day in and day out.

According to this infographic, brands and organizations receive over 34,000 likes per day, while Google collects more than 2 million searches from all over the world. Other online platforms, especially social networks such as Instagram and Twitter, generate more or less the same amount of data resulting in the sharing and processing of a massive amount of information all over the world, bridging the gap among people and making crucial data more accessible.

It is important to realize that this massive stream of data can reveal solutions to the world’s most pressing problems. Data converted into knowledge can provide a better understanding of how we can improve people’s way of life, especially those in developing regions. Knowledge management systems now play an important role in helping people decipher the data and convert it into valuable knowledge that must be protected, shared and utilized.

Why is Knowledge Management important for development?

Knowledge Management strategies make it easier for people to harness the power of knowledge and use it to create streamlined knowledge processes that can help advance development goals efficiently. In this case, a knowledge management system can serve as a powerful tool in facilitating knowledge exchange to foster the right kind of partnerships needed to advance developing regions.

Let’s take Africa, for example. According to the online journal Providence, the African continent has been facing six major challenges since 2016, most of which revolve around poverty, hunger, lack of education, poor health care and violence. While KM is not the end-all-be-all solution for all of the world’s problems, it is a system that’s flexible enough to be used in addressing specific concerns, especially the lack of proper access to knowledge or education.

Knowledge Management is the Key to the Solution

UNESCO Director-General, Irina Bokova believes education can cut across all sectors and give rise to the opportunities and solutions needed to turn the world around. Knowledge is fundamental to the empowerment of not just African villages, but all other developing nations of the world. It is important to have the right platform to explore that knowledge and shape it to yield the right answers.

Knowledge management systems can help facilitate eLearning initiatives and give disadvantaged communities access to learning and developmental tools that can be used in knowledge creation, collaboration and workforce training in crucial industries such as healthcare, renewable energy, agriculture or education to produce innovations that can enhance the current way of life.

It can also provide the right channels for communication and the documentation of processes that are essential to the growth of the current and future generations. With the help of Knowledge Management, the gap between developing communities and quality education is bridged and feasible solutions are created to address the socioeconomic issues at hand.

ADEC Innovations Knowledge Management is a global innovator in the educational services industry. We bring sustainable and customized learning solutions to facilitate both professional and academic development. Dial +63 2 7750632 or visit www.km.adec-innovations.com to learn how our Knowledge Management solutions can help you in your development goals.