knowledge management metrics and roi

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© Enterprise Knowledge, LLC KM Metrics, KM Performance: Best Prac<ces in Measuring KM Success in 2014 Presented at DGI’s Government Knowledge Management Conference and Expo Zach Wahl Founder and Principal @ZacharyWahl

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This presentation was originally delivered at DGI's Government KM Conference in Washington DC on August 20th, 2014. It briefly discusses knowledge management metrics, return on investment, and business value. Also included is a simple visual of EK's Knowledge and Information Management (KIM) Maturity Curve.

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Page 1: Knowledge Management Metrics and ROI

©  Enterprise  Knowledge,  LLC  

KM  Metrics,  KM  Performance:  Best  Prac<ces  in  Measuring  KM  Success  in  2014  

Presented  at  DGI’s  Government  Knowledge  Management  Conference  and  Expo    

Zach  Wahl  Founder  and  Principal  

@ZacharyWahl  

Page 2: Knowledge Management Metrics and ROI

©  Enterprise  Knowledge,  LLC  

The  KIM  Maturity  Curve  

Page 3: Knowledge Management Metrics and ROI

©  Enterprise  Knowledge,  LLC  

The  KIM  Maturity  Curve  

•  Focus  on  how  you  can  progress  along  the  Knowledge  and  Informa<on  Management  Curve.  

•  Greatest  business  value  occurs  when  users  are  connec%ng  through  content  and  have  the  ability  to  act  on  informa<on.  

Page 4: Knowledge Management Metrics and ROI

©  Enterprise  Knowledge,  LLC  

Ac<ve  and  Passive  Analy<cs  

•  Ac<ve  –  Customer  Sa<sfac<on  Survey,  Town-­‐Hall,  In-­‐site  feedback.  

•  Passive  –  Site  analy<cs.  –  User  behavior  –  Balanced  ac<vity  –  Content  health  

Ongoing&Communica,ons&and&Engagement&Ac,vi,es:&

&

JAN$FEB$

MAR$

APR$

MAY$

JUN$JUL$

AUG$

SEP$

OCT$

NOV$

DEC$

•  Published&version&of&project&governance&plan.&

•  Use&of&social&media&–&blogs&to&update&on&progress,&wikis&to&capture&feedback,&etc.&

•  Monthly&email&updates&to&stakeholders.&

Ini,al&workshops,&focus&groups,&and&interviews&commence&

Ini,al&Business&Requirements&Phase&Completed&

Conduct&baseline&CMS&user&sa,sfac,on&survey&

Quarterly&Project&Briefing&to&all&Business&Stakeholders&

Quarterly&Project&Briefing&to&all&Business&Stakeholders&

Quarterly&Project&Briefing&to&all&Business&Stakeholders&

Execu,ve&communica,ons&in&advance&of&ini,al&release&

Open&user&mee,ngs&following&up&on&ini,al&release&

Page 5: Knowledge Management Metrics and ROI

©  Enterprise  Knowledge,  LLC  

Prac<cal  KM  –  Iden<fying  and  Achieving  ROI  

Page 6: Knowledge Management Metrics and ROI

©  Enterprise  Knowledge,  LLC  

EK’s  KIM  Business  Value  Board  

•  Leverage  the  Business  Value  Board  to  iden<fy  all  poten<al  ROI  (hard  and  so\)  for  you  KIM  ini<a<ves.  –  Hard  ROI  provides  the  jus<fica<on  and  

“protec<on”  for  your  ini<a<ve.  –  So\  ROI  “paints  the  picture”  and  

provides  suppor<ng  incen<ves.  

•  Focus  on  project  specific  ROI  but  also  recognize  the  enterprise  benefits  that  may  be  derived  (generally  So\).  

•  Ensure  the  complete  ROI  is  fully  documented  and  <ed  to  success  metrics.  

Page 7: Knowledge Management Metrics and ROI

©  Enterprise  Knowledge,  LLC  

Zach Wahl

Enterprise Knowledge, LLC www.enterprise-knowledge.com

571.403.1109 [email protected] @ZacharyWahl, @EKConsulting