Knowledge Management can empower organizations. Properly taught and instituted knowledge management helps managerial decision making and the involvement of selection of appropriate processes. With workplace training focused on knowledge management the organization’s members collect information needed to monitor external events, which results in less unknown variables for the leaders of the organization. This collection of valuable information from astute knowledge managers reduces the need to modify plans and settle for less effective approaches. In contrast, poor knowledge management can cause unforeseen or unnecessary mistakes by organizations because they risk repeating past errors or not anticipating otherwise obvious problems. Check out Loreen Sherman’s knowledge management training to see how your company can collect more valuable information.