All entries for Sunday 29 March 2009
March 29, 2009
It was a very emotional day for me. I had mixed feeling.
It could be possible that I may not see some of my classmates again. This made me really upset. We got along so well like a family. I am going to miss each and every classmate.
I was happy because I now get a months break from the 9 to 5 classes but I really hope I do not procastinate.
I will miss Paul too. He has helped me further develop not only my learning skills but also develop my personality.
In RDD I really liked the fault tree analysis. The use of "And" and "Or" gates is really interesting. I do feel that fault tree analysis can get quite complicated sometimes. I felt so while working on the presentation. I do feel its not a full proof way of getting all your problems solved. I thought benchmarking is imporant as you can always learn from other peoples success and failures
As well all know by now that knowledge management is linked to intellectual capital. Intellectual capital not only encompases the empolyees knowledge but also the customers and vendors knowledge. It also includes things in the organisation when the employees go home such as databases, manuals, software and customer file.
I always used to wonder that if employee turnover is high then thats a lot of experience and information walking out of the door. But KM makes it possible for us not to worry about that. If your company is organised in a way where there is exchange of knowledge and information easily available and recorded it is so much more easier. Each time something goes wrong we can record it in the database and also record how we solved the problem. So this will help us not worry about high turnover rate. But this doesnt mean that you should be happy with high turnover rate. Work to reduce it. High turn over rate means loss of time and money. Time and money taken to hire and train some one new is very expensive!!