This is the keynote address from Dr Steve Ellis of HSBC at the KM Singapore Conference 13 August 2009. The topic was "knowledge based working in the current economic climate" and Dr Ellis argued that while the pressures of an economic crisis tended to make managers less prone to think in terms of long term KM investments and gains, this environment (a) shows the value of knowledge worker skills and (b) focuses knowledge managers on delivering tangible value. Less