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There’s no question: Wiki is officially a corporate buzzword… and as with most buzzwords, a lot of people will say they need one without understanding what makes a wiki a Wiki.
So… what makes a wiki a Wiki?
What ties all of this together is a change in viewpoint: a wiki is a tool… but it is also an ecosystem of collaborative and open knowledge sharing… and just like any ecosystem, if one piece of it is changed, the rest of it must also fundamentally change, or it will die.
For example, creating multiple wikis means that the automatic linking will cause people editing pages in one wiki to unintentionally create pages that duplicate or present different content from that in another, more authoritative wiki… so it fails because people cannot find what they’re looking for and feel like they’re doing duplicate work. Or, if there are “two versions of the truth”, people may make good decisions using the information they can see, and yet must do rework to solve the problems that misalignment created.
Simply put, SharePoint Does Wiki. Period. No question. And it’s pretty darned good at it. But it can’t protect you from the business decisions you may make which decrease the value of the functionality offered. SharePoint will do what you tell it to… for better or worse… and you have to understand the technical, political, and sociological impacts that come with that decision.
IMPORTANT NOTE: In the SharePoint 2010 product, the “Collaboration Portal” template has been removed. This was the “biggest bang for the buck” starting point for an intranet-style deployment… but it was complex to brand and sometimes facilitated some not-so-great decision making. In 2010, the best option is the “Publishing Portal” template, which is easier to brand (as is the purpose of all publishing portals), and you can relatively easily build in all of the functionality that was previously available in the collaboration portal. What I would NOT recommend (and was the driver for this post) is the use of the “Enterprise Wiki” for an intranet homepage. The needs of the intranet are generally not a wiki… but fairly controlled presentation, approval processes, separation of roles, ease of content creation, page layouts, etc… these are not wiki elements… they’re web content management elements… and the two should not be confused. It would, however, be perfectly plausible to create an Enterprise Wiki at the root of the portal that anyone can edit together… and this is a strategy I would strongly support. :)