> a large international company has fired the whole Knowledge Management Crew.
Unfortunately in a cash crunch as we have today, work that is not DIRECTLY attached to revenue generation will be cancelled.
It’s a fundamental flaw in accounting practices. Systems are too squishy & risky to put on the balance sheet, so systems spend — your salary — is flushed through the income statement. Just as important as paper clips & toilet paper.
When times are tough… CUT EXPENSES.
In yesterday’s Wall Street Journal, IBM’s CEO is quoted as saying they’re already seeing “a pause in transformational projects.”