Thursday, January 21, 2010

Importance of Knowledge Management

The necessity of knowledge management can be debated in each field. In some cases, the cost of creating efficient knowledge networks may exceed the benefit. Based on the article, Just-in-Time Delivery Comes to Knowledge Management, it is very clear that the medical field has a dire, specific need for efficient knowledge management systems.

According to the article, an average physician needs to know 10,000 different diseases, 3,000 medications, 1,100 laboratory tests, and over 400,000 articles each year to the biomedical literature. That is a significant amount of information! Decisions that these physicians make, in some instances, can be life or death. Placing a high value on the life of a human being, it is my opinion that an effective knowledge management system is needed, regardless of the costs incurred. The hope in this type of system would be the reduction of human error, and a overall better medical field.

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