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Chapter 11  Managing Knowledge 455


               Enterprise-wide knowledge management systems deal with all three types of
               knowledge.


               ENTERPRISE CONTENT MANAGEMENT SYSTEMS

               Businesses today need to organize and manage both structured and semistruc-
               tured knowledge assets. Structured knowledge is explicit knowledge that
               exists in formal documents, as well as in formal rules that organizations derive
               by observing experts and their decision-making behaviors. But, according to
               experts, at least 80 percent of an organization’s business content is semistruc-
               tured or unstructured—information in folders, messages, memos, proposals,
               e-mails, graphics, electronic slide presentations, and even videos created in
                 different formats and stored in many locations.
                  Enterprise content management systems  help organizations manage
               both types of information. They have capabilities for knowledge capture, stor-
               age, retrieval, distribution, and preservation to help firms improve their busi-
               ness processes and decisions. Such systems include corporate repositories of
               documents, reports, presentations, and best practices, as well as  capabilities
               for collecting and organizing semistructured knowledge such as e-mail
               (see Figure 11.3). Major enterprise content management systems also enable
               users to access external sources of information, such as news feeds and
               research, and to communicate via e-mail, chat/instant messaging, discussion
               groups, and videoconferencing. They are starting to incorporate blogs, wikis,
               and other enterprise social networking tools. Open Text Corporation, EMC
               (Documentum), IBM, and Oracle Corporation are leading vendors of enterprise
               content management software.
                  Barrick Gold, headquartered in Toronto, is the world’s leading gold  producer,
               and it uses Open Text tools for enterprise content management and for
                 supporting communities of practice. The company has 26 operating mines and
               20,000 employees worldwide, who were creating and storing information in
               many  different locations. Barrick needed a way to centralize this organizational


                     FIGURE 11.3   AN ENTERPRISE CONTENT MANAGEMENT SYSTEM



























               An enterprise content management system has capabilities for classifying, organizing, and managing
               structured and semistructured knowledge and making it available throughout the enterprise.








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