July 02, 2014

Best Fit: KM and AM.

They say ‘prevention is always better than cure’ but without in-depth knowledge of how to prevent the disease, one can only keep curing. Improving processes with lean production or implementing an Environmental Management System without Knowledge of how to sustain such change can be detrimental in the long run for any organisation.

Trying to analyse the concept of Asset Management and KM , and see how they ‘fit’, I have learnt that in fact an effective KM system is the only way at which organisation can make use of its physical asset to its full potential. I believe it helps organisation to be proactive in their asset management process rather than to keep playing ‘whack-a-mole’ i.e. waiting for problem to actually surface and tackling them. Most importantly, I have learnt that merely transforming an organisation into a learning institution isn’t sufficient although this might help the organisation to be step ahead of its competitors in terms of Know-How but ability to use that knowledge and put it to good use is that which would distinguish an organisation that keeps investing in research and development to be informed against that which uses its own internal knowledge as a competitive weapon.

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