A better understanding of the requirements of EFQM (KBAM)
To meet the standard of EFQM in relation to knowledge and asset management certain critera requirements have to be fulfilled. I found out that there are two criterias which are particularly about knowledge management and asset managemnt and also there are some partial links of both these aspects with some other criterias. The criteria 4c is particularly about asset management but asset management has some partial links with the criteria 4a too. Similarly criteria 4e is about knowledge management but it has some links with the criteria 4d (as development of IT is a part of this criteria). Also, I found out that the requirements of these criterias can be broken down into key points to make things easy.
Overall this project has given me a better understanding about how to fulfill the requirements of EFQM model. By practically looking at ways to make Waveriders meet the standard of EFQM, I have got a first hand knowledge about ways in which an organization can try to meet the standard of EFQM. If I implement EFQM for my own organization in the future (not totally sure about that....but there is some probability) the understanding from this exercise will be of great benefit to me.
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