My understanding of KBAM

At first glance, I thought KBAM is asset management which direct companies to figure out how to practise strategies more effectively. lately, I found I was a little bit wrong about it.  Asset management is actually important. However, how to make it more efficient is even essential. Then the topic will be moved onto Knowledge management which tells how to manage your existing knowledge to serve you in a positive way.

I like reading articles about successful businesses and the way how they manage. I surprisingly found that the success they have had is all the way down to how they manage their knowledge. Knowledge is not only about the means of which companies work on, but information etc. More importantly, knowledge management is not about what you are managing rather than how you manage them. Some companies are holding knowledge centrally and information. Leaders try to tell followers to do as chess pieces rather than creating a sharing environment and stimulating their initiative. It is quite scary that employees are working within a closed atmosphere. Then, consequences are disappointing that inefficiency of decision-making and deployment would draw companies back. Weakness will be transformed into distance between companies sooner or later. 

I used to work for an education provider. The most remarkable activity which I think accelerate the company become the leader of the market is sharing knowledge session. At every certain intervals, the company asked departments organised their own sharing session. This, I think, largely increases the competence of the company by internal sharing, internal store, adopting, and creating. Most decisions were made with the help of outcomes from these sharing session. The company adjusted their performance to satisfy requirements of clients and markets.

: 25 Apr 2010 19:57 |  Comments (0) |  Report a problem