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6 Steps To Laying Out Your Competitive Strategy
Why do so many companies languish and watch as their business turns into a zero profit zone, while others seem to thrive?
When you look at your business, whether it’s a new venture or a company with a long history, can you answer the...
Improving Corporate Culture
I believe that most organizations are miserable places to work.
They are Corporate Cubeworlds. And no one is to blame. Companies
have inherited their corporate culture from the Industrial Age
and it just don't work anymore. People are unhappy and...
Once Upon a Conflict
Once upon a time there lived an innocent, hardworking manager. One day he dared to wander from the safety of his open-concept office to speak out at a team meeting. He was immediately challenged, nay attacked, by another team member and his...
The effects of printing press: Society speaking
The discovery and establishment of the printing of books with moveable type marks a paradigm shift in the way information was transferred in our society. The impact of printing is comparable to the development of language, the invention of the...
Understanding Your Importance To Your Corporate Team
Understanding Your Importance To Your Corporate Team Fostering teamwork is a top priority for many leaders, according to Suzanne Willis Zoglio, Ph.D., the author of Teams At Work: 7 Keys to Success, The Participative Leader. There are obvious...
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Strategic Knowledge Management - The Key to Sustainable Performancel
Leading organizations in the global economy understand that in order for them to stay competitive, they must efficiently and effectively create, capture, and share their organization's knowledge and expertise within their organization. The practice of leveraging and development of organizational knowledge is better known as strategic knowledge management.
Strategic knowledge management is about creating an innovative culture supported by collaborative technologies to secure competitive advantage, sustainable performance and enhance productivity by leveraging on knowledge. Many organizations today have put in place channels such as quality systems, process simplification, technology infrastructure, restructuring and reorganization, and product and technical training with the hope to increase performance. These channels will only succeed to achieve its goals and targets if strategic knowledge management is put in place as the way of life within an organization. Ultimately, improved revenue, cash flow and profitability are achieved through strategic knowledge management.
Strategic knowledge management provides a systematic and structured approach for organizations to encourage ideas generation, effectively share best practices, avoid repeated mistakes, learn from past performance, secure higher knowledge retention and creating innovative business solutions to meet the ever changing demands of the market.
For strategic
Around The Jazz Internet: May 18, 2012 Ten albums for newbies, the hated Cabaret Card and composer/arranger Gil Evans' centennial.
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knowledge management to work, it will require self-directed and self-motivated k- professionals. Organizations can no longer achieve sustainable performance by continuously providing external motivation to enhance performance. Leading organizations must provide a strategic platform for their human capital to excel and compete by developing them to be k-professionals.
K-professionals are open-minded performance-oriented professionals that have the passion to develop the 8 most innovative skills to progress to the next level of excellence in the K-economy. The 8 most innovative skills of a k-professional are strategic thinking, knowledge responsibility, performance-directed learning, contributing in innovative teams, professional discipline, self-driven innovation habits, solution focus mindset and personal knowledge creation.
Creating competitive advantage today requires strategic knowledge management and k- professionals. Leading-edge enterprises consider their knowledge and human capital to be strategic assets and actively and explicitly manage it as such to increase business value.
About the Author
JT Frank the publisher of this article, can be reached at jtfpg@tm.net.my or +604-6593859, offers training and consulting services in the areas of Knowledge Management. INVEST your organisation's Knowledge Capital Creation BUDGET with one of ASIA's pioneering Knowledge Management Specialists - JT Frank Management Centre
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