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SPID up Knowledge Management
SPID up Knowledge Management
From best to next practices
From the individual and team perspective we must expand the know-how and value creation cycle to the larger community - we must network it. Keeping know-how static in an individual or group of individuals does not enhance the corporate value; it must be seen as something fluid and it must be allowed to flow in order to generate value.
A new Knowledge Management approach through SPID™:
- Expand individual and team know–how and their value creation cycle to the larger community.
- Establishing the process of translating knowledge into corporate performance.
- Integrating intangible values into balanced scorecard.
- Exploring the link between knowledge sharing and organizational effectiveness.
The strategic actions axis of SPID™ for Knowledge Management :
- Stimulate employees’ creativity, idea and knowledge sharing.
- Increased productivity, more efficient and less costly processes.
- Reduce product development cycle, cost and time.
- Improve the Competence Management process.
- Directly transfer company knowledge value to company assets*.
- Financing company development with knowledge capital.
- Capturing know-how when performing an activity
- Analyzing, reviewing and formalizing know-how.
- Getting the right knowledge to the right people at the right time.
- Mapping the knowledge and value creation process.
- Measuring the value contribution of knowledge usage into activities improvement.
(* In accordance with EU Standards IAS 36 & 38, IFRS 3 and US FASB Statements 141 & 142.).
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