If you ask the average management pundit what are today's biggest corporate hot buttons, the chances are they'll say Knowledge Management and intellectual capital. Some will no doubt dismiss Knowledge Management as this year's fad, the logical antidote to the Business Process Re-engineering craze which resulted in so many corporate donkeys being turned into pantomime horses.

We at Kudos happen to think that Knowledge Management is more than a passing fad, for the simple reason that, like all the best ideas, it's based on common sense. So what is it? And how will it affect who will be expected to manage the knowledge?

Since selection is a two-way exercise, expect tools to appear which will help job seekers assess employers, and will be able to provide ratings on culture, commitment to training and development, and financial stability. Whatever changes there may be in legislation over the next ten years, in many areas there will still be skill shortages. Knowledge workers with a choice of employer will want to be sure that they are joining an organisation which will help them enhance their personal knowledge bases. And it will be knowledge workers who will be subject to the most rigorous selection techniques.

There will be tools which can analyse CVs for consistency, can ascertain whether the candidate or someone else has written it, and will be able to rate experience by referring to database-driven profiles of employers and projects.

typically use IT for day-to-day activities

Some topics in this essay:
Andy Cole, Knowledge Management, Hamish McRae, Personal Corporation, , Alex Ferguson, Delphic Oracle, Process Re-engineering, Walt Disney, intellectual capital, Recently Director, knowledge management, knowledge workers, knowledge worker, training development, knowledge employees, value knowledge, personal corporation, knowledge worker knowledge, outsourced art, tangible assets,