MC238780 – This new feature gives users the ability to add taxonomy columns directly to library views in modern SharePoint libraries. Previously, users had to create managed metadata columns from within More options in the Add column experience.
This message is associated with Microsoft 365 Roadmap ID 70609
When this will happen
Targeted Release: Rolling out from mid-February through early March 2021.
Standard Release: Rolling out from early March through the end of March 2021.
How this will affect your organization
Users will see a new Managed metadata option as a column type within the Add column menu in SharePoint lists and libraries. By selecting the Managed metadata option, users will be able to specify column information such as name and description as well as choose their organization’s desired term set or term, to associate the column with.
Users will see a new Managed metadata option as a column type within the Add column menu in SharePoint lists and libraries.
New column creation taxonomy panel appears after selecting Managed metadata.
What you need to do to prepare
You might want to notify users about this new capability and update your training and documentation as appropriate.