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Knowledge Management Systems can be used to achieve strategic improvement to any organisation's training function. Nowadays, training function is becoming a differentiator specially in high skill domains such as Finance, Banking and Insurance.
Growth of business process outsourcing has made training a strategic lever for operational cost management.
There are readily available methods of creating your own knowledge management systems. This presentation outlines the strategic benefits which can be targeted and some implementation advise on key components of such a system.