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No two companies assimilate and leverage knowledge, used for corporate decision making, in quite the same way. In this article, the author, suggests the three methods used by companies to aggregate and use knowledge - internal roles, technology and the use of third parties. The author talks about the benefits and shortfalls of each of these methods. The author then makes a case for knowledge process outsourcing. By leveraging the analytics capabilities of third parties with expertise in specific functions, tasks and industries represents a highly viable and valuable option for many organizations. These third parties have the knowledge, specialists, bandwidth, best practices and technologies to deliver the knowledge-based insights companies require to compete as a knowledge player.
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