May 05, 2013

Reflective thinking on KBAM

Friday we finished the last part of presentations which are as a concultancy company to guide WaveRider . In this part, we acquired some knowledge about asset management and knowledge management. Nowadays, organizations are looking more and more towards the productive manipulation of information to succeed and stay competitive. If a company wants to keep its competition in the market, they need to learn new knowledge. Keep learning provides a way for businesses to help them make better decisions and take more productive actions. If we learn from others, total achievement will be improved.

In our presentation, we said that asset management is increasingly seen as crucial to success of organizations. According to many theorists learning could be the only sustainable competitive advantage a company can have in the future. Asset management is considered as a core element in the model structure and in the assessment mechanism as well of EFQM. The EFQM Excellence Model assumes that in order to sustain excellence, organizations assess and review their approaches and mechanisms regularly and questions themselves.

However, how to collect and analysis the information in an organization? How to use your knowledge and resources to manage information in order to help the process improvement in organization?

We need 5 key values to create a learning organization showed in below:

1. Incorporate Systems thinking

2. Proper manage system

3. Develop Mental Models

4. Make a Shared Vision

5. Share the Team Learning

The professor in class highly mentioned metal models and a shared vision because they are really important in a long term view. . If we make a shared vision for others, most of people are likely to involve in an organizational learning voluntarily.

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