Taxonomy is a difficult concept. Correctly developing taxonomy in SharePoint 2010 takes that difficulty to the next level. You’ll be surprised to learn that taxonomy development is really not all that complex but very easy to get wrong. This post highlights considerations for planning taxonomy in SharePoint 2010.
If you are a developer or an IT manager, it’s important that you understand taxonomy and its role in ECM. Why? Because it is very likely you have been or will be asked to implement ECM. Without knowing the what’s, why’s, and how’s, you will get nowhere.
So, follow his brief step-by-step instruction for Taxonomy planning.