I don’t know about your organization, but at APQC, we’re already thinking about planning and budgeting for 2013. If you’re looking to design a new knowledge management budget for next year, I recommend checking out our article Budgeting for Knowledge Management: How to Plan for and Prioritize Investments. The article talks about what it costs to launch and run an effective KM program and provides examples of funding models. I’ve made the article available to nonmembers for this week only, so don’t wait.
APQC members have access to a host of additional resources on KM planning and budgeting. For example:
- Defining a Value Proposition and Business Case for Your KM Program explains how to develop a rock-solid KM business case and calculate return on investment.
- Determine the Knowledge Management Value Proposition for the Organization and Employees describes how best-practice organizations create KM programs that both senior leaders and rank-and-file employees want to get behind.
- Knowledge Analytics: A Fresh Way of Thinking About an Old Problem lays out a seven-step process that includes aligning KM strategy and investment.
- Creating a Shared Funding Model for KM explains how best-practice organizations split KM funding between corporate and the business units.
- Using Savings to Measure and Fund Knowledge Management Programs describes how best-practice organizations measure hard-dollar savings from KM and then apply those savings to fund enhanced KM efforts.
- APQC’s Knowledge Management Design Principles contain a section with advice on resources and funding.
I hope you find this information helpful whenever you get started on your next KM budget. If you have questions about planning and budgeting, please post them in the comments and I’ll see if I can dig up answers for you.