As the region builds back from the pandemic, now is the time to invest in knowledge management.

The investment will pay off with interest over the long term.

The pandemic has caused more than 2.8 million deaths worldwide, according to the World Health Organization. An estimated 255 million full time jobs were lost, most by women. Around 1 billion children are at risk of falling behind due to school closures. And in Asia and the Pacific, 162 million people will be pushed back into poverty, according to a recent ADB report.

These shocking numbers made many governments realize that the negative impact on people's lives and livelihoods could have been lessened by improved decision-making processes achieved through better knowledge management.

What is knowledge management? Simply put, it is the systematic generation and sharing of information. It is the art of combining, facilitating, and connecting expertise to solve a problem using a process that is constantly evolving and improving.

A version of this article appears in the print on April 14, 2021, of The Himalayan Times.