Conduct a knowledge audit
Overview
In Chapter 5 we will explore the dimensions relating to the implementation of a knowledge audit within an operational area. The knowledge audit is most often the starting point for development of KM strategies; as studied in the previous chapter 4. This is a stocktake of not only what knowledge is required, but also what exists. This will usually occur in the initial analysis stage or very early in the planning stage.
Knowledge audits can be conducted to determine a range of aspects. The key aim is to determine strengths and weaknesses of the existing knowledge assets and where gaps exist. This is depicted below in a model that depicts that in some cases the audit has to identify what we don’t know that we need to know! Audits therefore not only measure what exists but confirm what needs to exist to better leverage a KM strategy.

Figure 1 Categorising enterprise knowledge in a Known-Unknown matrix
(Frappaolo, 2004:2)
Learning outcomes
At the completion of this chapter, you should be able to:
- define and explain the stages in a knowledge audit
- demonstrate how knowledge audits are completed on a transport and logistics business operation
- outline the reasons why a business would complete a knowledge audit
- Examine different methods to measure knowledge