MAKWerte

MAKWerte is a conceptual framework and project name used in discussions of knowledge management and value-based decision making. It refers to an approach for systematically turning organizational knowledge assets into measurable value through a combination of capture, transformation, governance, and application.

Etymology and origins: The term merges MAK from Machine-Assisted Knowledge with Werte, the German word for values, signaling emphasis on value orientation. The concept emerged in the academic and professional discourse of the 2010s during cross-disciplinary seminars and pilot projects.

Core components: MAKWerte encompasses capturing both tacit and explicit knowledge; codifying it into reusable formats; applying valuation techniques to assign economic or strategic worth; establishing governance and ethical guidelines; integrating with decision-support systems; and providing feedback loops to refine methods.

Applications: The framework is discussed for use in corporate knowledge management programs, digital libraries, education technology, and research organizations that seek to align information assets with strategic goals. It is often explored as a way to connect knowledge workflows with measurable outcomes.

Reception and assessment: Opinions among practitioners are mixed. Advocates argue that MAKWerte offers structured ways to quantify intangible assets and to link knowledge activities to value. Critics point to subjectivity in valuation and to the risk of oversimplifying complex knowledge flows, potentially leading to inappropriate incentives or governance gaps.

See also: knowledge management, value-based management, intelligent information systems.