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Why is Knowledge Management gaining executive level attention?

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Why is Knowledge Management gaining executive level attention?

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As global competition intensifies, the service delivered after the initial sale of a product is becoming increasingly strategic to revenue, profitability and customer loyalty. Case in point: profit margins on post-sale service are 25% to 1000% higher than those on products, and post-sale service is delivering 10% to 40% of revenue for many discrete manufacturers.

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