March 02, 2009

First Day of KBAM

We had an introduction to the module of Knowledge-Based Asset Management this afternoon. This module runs for two weeks. I was not surprised with the whole week of team study in first week and half team studies + half seminars in second week. Self-study and study with different people in a team is an important way of learning in the MBE course. Yet, KBAM is the one has the most team studies and self-studies since the course started. So, I am blogging now - at the first day of KBAM. ^_^

Definitions:

Knowledge assets are the knowledge regarding markets, products, technologies and organisations, that a business owns or needs to own and which enable its business processes to generate profits.

Knowledge management involves the identification and analysis of available and required knowledge, and the subsequent planning and control of actions to develop knowledge assets so as to fulfil organisational objectives.

Nowadays, enterprises, especially big enterprises, are realizing the importance of knowing what they know, i.e. know what their knowledge assets are. Moreover, they need to know how to manage and utilize these assets to make maximum return. The marketplace is increasingly competitive and the rate of innovation is growing, it is therefore very important for a company to renew and apply its knowledge to business to increase its competitiveness.


- 2 comments by 1 or more people Not publicly viewable

  1. Alex

    You are right Jingjing, the knowledge management is especially of importance for organizations in the modern society. For many companies, some of the most important knowledge—customer, supplier, agent, maketing information for instance, are only owned by some individuals of the organization. And in most circumstance, these knowledge does not been under the control of the company or shared with other people in the organizations. For enterprise, from my point of view, the knowledge should be collect and managed under the supervision of the enterprise.

    I think people should be aware of this, and pay more attention to the knowledge managment issues.

    03 Mar 2009, 02:07

  2. I think one of barrier in realization of KM is buy in of leaders of a company.
    From my experience, if ppl in a company have any initiatives but their leaders dont buy in…. the initiatives cannot be created. In addition, in a real world especially in traditional working style, politic in workplace can also be another obstacle for an implementation fo KM.

    :)

    03 Mar 2009, 21:46


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