Today Knowledge Has Power. It controls access to Opportunity and Advancement - Peter F. Drucker
Equity has arguably been a buzz word of the philanthropic sector in the last five years, but it has taken on new meaning and prominence in light of COVID-19 and the racial reckoning of 2020. While some progress has been made in shining a light on inequitable funding practices, the focus has remained primarily on external stakeholders. Not as much attention, however, has been paid to internal equity conversations. The challenge of this moment is finding tools with which to address power and privilege within organizations themselves. If organizations are to be effective in achieving their equity goals, they must be able to "walk the talk" inside their own walls.
Knowledge Management, a conscious strategy of getting the right knowledge to the right people at the right time to improve organizational performance, offers a compelling path to address that challenge. By mapping how and through whom knowledge flows inside an organization, racial inequity and organizational knowledge are intricately linked. Knowledge management is a racial equity imperative for organizations to be effective.