Access Innovations' CEO, Dr. Jay Ven Eman, demystifies a taxonomy: its use, necessity and value in problem-solving and organizing content for a business or organization. Jay stresses the need to first understand taxonomies before planning to build, customize and implement one (or more) for your company.
A taxonomy or thesaurus of any applicable use requires the right tools, available expertise, time and adequate funding toward indexing and implementation.
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While obtaining or building a taxonomy does not have to be an expensive proposition, cost can quickly escalate while usefulness can decline or be misdirected.
An understanding must come first, followed by an analysis of your situation, and then an implementation plan.