All entries for Wednesday 17 April 2013

April 17, 2013

KBAM_2 EFQM Connections

During this investigation and study days of asset management I found some interesting issues that I think that are relevant and important in business management. While studying Health and Safety asset management, I read that it is related with 4C component of EFQM. Nevertheless, within asset management and this particular subject I can say that there are many interrelated elements; It is part of buildings equipment and other resources management but at the same time when planning how to model this area, Partnership and suppliers on one side and Technology in the other side are also highly involved. If a company wants to plan a strategy in H&S issues, it can benchmark, work with suppliers and learn from them, it needs to measure accidents, health statistics it need technology tools to find out where the company is and where it wants to be, it needs information and knowledge management to support the decision making process. And also, environmental management and facility management can be also related with it!

This is really important because in real business life activities always have strong connections with different areas, I think an efficient strategy could be to combine them, to balance them and to group them in order to work together. Sharing information and knowledge could help. At the end a systematic view will arrive, and the essence of EFQM will appear and will be achieved.


Finding alternatives is one of the steps inside a decision making process. As a related research (Lawson, 2005) comments, the research process of finding possible alternatives doesn't end at that point. In that manner, it is crucial to study the approach from different perspectives, from different angles and positions, and what it is needed here is to involve creativity and imagination.

What i find important from this fact is that possibilities are immense, are more than what the eye can see, there are hidden things that curiosity can help to discover. In real business, creativity might be a powerful tool to use, given that it demands ourselves to be critical to study more deeply everything and to go always beyond. This is not being casual or spontaneous is about involving a stronger research, about going far and understanding that in business decisions anything can happen and the more we can observe and study, the more we can achieve and prevent.

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