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5 Tips to Successful Time Management
Could you do with another hour added to your day? How about 10?
Well, unless you are magical, this isn't going to happen (unless
you hire a Virtual Assistant), so you need to learn how to
squeeze every second out of your day. This doesn't mean...
Algebraic Model on Management Decision & Redefined Productivity
Visit : www.drvsrs.com/mgmtfull.htm About the Author
Visit :...
Get Rid Of Your Asset Management Problems Once And For All
If you are a business owner, even the owner of a part-time lawn mowing service, you still need to pay attention to financial asset management. I am the owner of a small business. I work out of my home and rarely need credit or payments for...
Strategic Knowledge Management - The Key to Sustainable Performancel
Leading organizations in the global economy understand that in order for them to stay competitive, they must efficiently and effectively create, capture, and share their organization's knowledge and expertise within their organization. The practice...
The Seven Keys to Successful Offsite Meeting Management
A large offsite meeting is very much like a stack of dominoes. If one of those dominoes should happen to fall, the entire row simply collapses. Similarly, if you miss one critical detail, your offsite meeting can quickly unravel into complete...
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Strategic Knowledge Management - The Key to Sustainable Performancel
Leading organizations in the global economy understand that in order for them to stay competitive, they must efficiently and effectively create, capture, and share their organization's knowledge and expertise within their organization. The practice of leveraging and development of organizational knowledge is better known as strategic knowledge management.
Strategic knowledge management is about creating an innovative culture supported by collaborative technologies to secure competitive advantage, sustainable performance and enhance productivity by leveraging on knowledge. Many organizations today have put in place channels such as quality systems, process simplification, technology infrastructure, restructuring and reorganization, and product and technical training with the hope to increase performance. These channels will only succeed to achieve its goals and targets if strategic knowledge management is put in place as the way of life within an organization. Ultimately, improved revenue, cash flow and profitability are achieved through strategic knowledge management.
Strategic knowledge management provides a systematic and structured approach for organizations to encourage ideas generation, effectively share best practices, avoid repeated mistakes, learn from past performance, secure higher knowledge retention and creating innovative business solutions to meet the ever changing demands of the market.
For strategic
knowledge management to work, it will require self-directed and self-motivated k- professionals. Organizations can no longer achieve sustainable performance by continuously providing external motivation to enhance performance. Leading organizations must provide a strategic platform for their human capital to excel and compete by developing them to be k-professionals.
K-professionals are open-minded performance-oriented professionals that have the passion to develop the 8 most innovative skills to progress to the next level of excellence in the K-economy. The 8 most innovative skills of a k-professional are strategic thinking, knowledge responsibility, performance-directed learning, contributing in innovative teams, professional discipline, self-driven innovation habits, solution focus mindset and personal knowledge creation.
Creating competitive advantage today requires strategic knowledge management and k- professionals. Leading-edge enterprises consider their knowledge and human capital to be strategic assets and actively and explicitly manage it as such to increase business value.
About the Author
JT Frank the publisher of this article, can be reached at jtfpg@tm.net.my or +604-6593859, offers training and consulting services in the areas of Knowledge Management. INVEST your organisation's Knowledge Capital Creation BUDGET with one of ASIA's pioneering Knowledge Management Specialists - JT Frank Management Centre
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