The document discusses personal knowledge management (PKM) as an alternative approach to traditional knowledge management. It argues that PKM focuses on facilitating connections between individuals, harvesting knowledge from personal repositories, and improving personal productivity, rather than centralized content management and top-down dissemination of knowledge. The key aspects of PKM involve finding and connecting with people who have relevant knowledge, automatically harvesting knowledge from individual workspaces, managing personal content, and coaching individuals on improving their own knowledge practices. Adopting PKM represents a shift away from the traditional focus on cost savings and towards tapping collective expertise and enhancing collaboration, decision making and innovation.