The need for a taxonomy
With an ever growing amount of enterprise information the need for a taxonomy to improve information retrieval has never been greater. A taxonomy (or classification structure) is simply a hierarchical view of topics that have been grouped together because they share the same quality or characteristic.
Classification can refer either to the process of defining categories and the classification structure or to the process of assigning documents to their appropriate categories within the taxonomy. A taxonomy provides a unified view and access to relevant information across often disperse silos of information.
For the end user, it is a view of subjects that allows them to more quickly find information they are seeking, enhances knowledge discovery, and increases productivity.
For the enterprise, it improves business process efficiency, increases return on information assets, and improves information quality.
Are you using a taxonomy? How do you manage it?