Triangle of Business Intelligence, Performance Measurement and Knowledge Management

Size: px
Start display at page:

Download "Triangle of Business Intelligence, Performance Measurement and Knowledge Management"

Transcription

1 Triangle of Business Intelligence, Performance Measurement and Knowledge Management Jussi Okkonen Virpi Pirttimäki Mika Hannula Antti Lönnqvist Tampere University of Technology, Finland Performance Measurement Team Track: Managing Performance ABSTRACT Recent significant changes in the business environment, e.g. the globalisation of markets, ever faster technological developments and the increased importance of knowledge-based assets, have brought about new managerial challenges. This has resulted in the emergence of new management concepts and tools, such as performance measurement, business intelligence and knowledge management. These concepts are expected to be better suited to the development of an organisation s performance in a modern business environment. The new management tools have been developed to solve different problems from different managerial points of view. Simply stated, performance measurement deals with the implementation of an organisation s strategy; business intelligence deals with the gathering and analysis of the vast amount of information in and around the organisation; and knowledge management is about managing information and competencies in the organisation. Despite the different viewpoints of these methods, they seem to share several connective elements. However, hardly any research has focused on how these newly developed tools relate to each other. This paper defines and enlightens the unambiguous concepts of performance measurement, business intelligence and knowledge management, and illustrates how these tools are related to each other. The main question is how and for what purposes the three methods are supposed to be used. In conclusion, a framework of the uses of these performance management tools is suggested. 1

2 Introduction Contemporary operating environments challenge organisations. As markets have become larger and there are more global operations, many companies face more competition. In order to survive, companies, and other organisations too, are in need of the competitive advantage of being better informed. As the nature of organisations has become more knowledge-intensive, the importance of competencies, i.e. knowledge and skills, is emphasised. Continuous improvement is important; thus for an organisation to be successful, it is essential that an organisation manages its competencies. In order to lead an organisation, the management need information on the organisation s current stage and the direction it is heading for. As an old proverb goes: What you can t measure, you can t manage. The change has caused new managerial challenges and has resulted in the emergence of new management concepts and tools, such as performance measurement, business intelligence and knowledge management. These concepts are expected to be better suited to the development of an organisation s performance in a modern business environment. The new management tools have been developed to solve different problems from different managerial points of view. Simply stated, performance measurement deals with the implementation of an organisation s strategy; business intelligence deals with the gathering and analysis of the vast amount of information in and around the organisation; and knowledge management is about managing information and competencies in the organisation. Business Intelligence Performance Measurement Knowledge Management Figure 1 The key concepts for this paper. In Figure 1, the key concepts for this paper are illustrated. The main question is how the concepts are related to each other and how they overlap. In addition to the main question, it is important to pay attention to how and for what purposes the three methods are supposed to be used. There seem to be similarities in some aspects, but, in practice, the emphasis placed on these concepts varies between organisations as the management tools are not in use simultaneously nor in juxtaposition. This paper aims to decrease overlap and to show the importance of the proper use of each tool. As a conceptual analysis, the aim is to construct a framework as a hypothesis for further research. In conclusion, a framework of performance management is suggested. 2

3 Performance Measurement (Business) performance measurement is a process of quantifying the efficiency and effectiveness of purposeful action (Neely et al. 1996, p. 11). The main rationale for measuring an organisation s performance is to be able to manage it. Performance measurement can be used as a tool for implementing an organisation s strategy (see e.g. Kaplan and Norton 1996). Performance measurement can be used to: translate an organisation s strategy into concrete objectives; communicate the objectives to employees; guide and focus employees efforts according as these objectives are achieved; control whether or not the strategic objectives are reached; use double-loop learning to challenge the validity of the strategy itself, and visualize how individual employees efforts contribute to the overall business objectives (see e.g. Neely 1998, Simons 2000 and Uusi-Rauva 1996). When performance measurement is used diagnostically, things are supposed to be under control as long as the target values of all measures are achieved (Simons 2000, pp ). Management need to examine measures only when a problem occurs, i.e. a target is not achieved. This saves management resources. Performance measurement is usually carried out using a performance measurement system, which consists of several individual measures. There are many frameworks for constructing such a system. The most commonly used model is the Balanced Scorecard (BSC) (Lönnqvist 2002, PMA 2001, Toivanen 2001). Others include, e.g. the Performance Prism and the Performance Pyramid (Lynch and Cross 1991, Neely and Adams 2000). The measures for the performance measurement system chosen are based on an organisation s vision and strategy (see e.g. Kaplan and Norton 1996). Measures are chosen to measure success factors from different points of view, such as that of the customer, employees, business processes and financial success, as well as from the point of view of past, current and future performance. This way, different aspects of an organisation s performance can be measured and managed. There are four main phases related to the performance measurement process (Neely et al. 2000, p. 1143). Firstly, the measures are chosen as described above. Then, the measurement system is implemented into the organisation. This includes, e.g. the determining of how the data for the measures is collected, how the measurement results are reported and how the measures are used. After the measurement system has been designed and implemented, the third phase is simply to use the measurement system. The final phase, the updating of the measurement system, closes the loop. Every time when an organisation s strategy or business objectives change, the measurement system must be redesigned accordingly (see e.g. Gueldenberg 1999, pp ). Otherwise it will no longer provide strategically important information. 3

4 As a summary of what has been stated above, a definition for performance measurement is formed: Performance measurement is a continuous and dynamic process in which measures are first constructed, based on strategically important success factors, then the measures are used to help implement planned strategies and, finally, the analysis of measurement results provides feedback for new strategy formulations. The definition emphasises the importance of performance measurement in a strategy process. Performance measurement, of course, also has several operative uses. However, they can be seen as part of the strategy implementation phase. Knowledge Management Knowledge management seems to be quite a hyped management fad of the new millennium. As the academics and business consultants have adopted the concept, there are several ways to define and understand knowledge management. To its widest extent, it is the management of the intellectual capital of an organisation. To its narrowest extent, it is only a system or a tool for managing information and knowledge inside an organisation. Definitions vary according to the perspective from which knowledge management is viewed. Nonaka and Takeuchi consider knowledge management the management of the dynamic processes of knowledge transformation (1995, p. 124). They state that any form of knowledge in an organisation is manageable, and that the highest form of knowledge is tacit knowledge. Tacit knowledge can be achieved by the internalisation of explicit knowledge, i.e. learning. The context for Nonaka and Takeuchi is the innovation process in Japanese companies. Thus, taking this perspective, knowledge management is the art of management in a dynamic environment. Kiianmaa (1996, pp ), takes the same approach as he describes the importance of gate-keepers in knowledge-intensive creative organisations. Hence, it could be stated that gate-keepers are mediators of knowledge between persons, and, especially, they are persons who know the right sources of particular competences. The same notion is used by Harryson (2000, pp ), who states that the essence of effective knowledge management is to break free from rigid organisational restraints to ensure the free flow of information, ideas and knowledge; hence the idiom, know-who based company. A contemporary Finnish classic in the field of knowledge management, Dynamic Intellectual Capital, by Ståhle and Grönroos (2000), defines knowledge management as a set of tools used in the process of managing knowledge in organisations. Another definition by Ståhle and Grönroos (1999, p. 209) gives knowledge management a broader content, such as the methods for managing the human capital and intangible assets of an organisation. The use of these tools is governed by the Intellectual Capital Management; thus knowledge management is a sub-concept of intellectual capital management. Ståhle and Grönroos are committed to tool outlook, but they do not define the nature of the actual tools which could be a mechanical system or the actions taken by the management. 4

5 Leonard-Barton (1995, pp. 5-11) conceptualises knowledge management as knowledge creating and diffusing activities. These activities are contained in operating environment levels, importing knowledge, and implementing and integrating knowledge in an organisation. In time, the present future time division, the activities involve problem-solving and experimenting. This notion originated from the same concepts worked out by Nonaka and Takeuchi or Kiianmaa. In the glossary of Mastering Information Management (Marchand et al. 2000a, pp ), knowledge management is defined as a concept which includes the efforts to maximise organisational performance by creating, sharing and leveraging knowledge and experience from internal and external sources. Boshyk (2000, pp ) lists seven attributes of knowledge management. Firstly, the basic resource is absolute knowledge in finite scope. Secondly, it is targeted to accumulate knowledge. Thirdly, it deals with present knowledge. Fourthly, it aims to manage, administer and maintain the knowledge. Fifthly, it considers knowledge to be an asset. Sixthly, it is easiest implemented into knowledge-intensive organisations, e.g. in R&D. Seventhly, it includes the aggregation and dissemination of existing knowledge, education, copying and learning by doing. Actions in the knowledge management process, therefore, entail the management of explicit knowledge. Davenport and Marchand (2000, pp ) suggest that knowledge management is the management of information as companies manage a mixture of information, knowledge and data. The essence is to see the difference between information and knowledge. It depends on the nature of the work whether the information management system is applicable to knowledge management too; hence, if information is processed in an organisation, then the information management system is applicable to the knowledge management. If the work has a different nature, such as that of R&D, the information management system is lacking in effectiveness as a knowledge management tool. As knowledge is a human attribute and it is also dependent on the people who create, use and share it, knowledge management is the management of people at least as much as that of information and IT. According to Wah (2000, pp ), the essence of knowledge management in organisations is to prevent the waste of resources by seeking the best practices and by not reinventing the wheel. Knowledge management objectives then, try first to capture, store, retrieve and distribute tangible knowledge assets, e.g. copyrights, patents and licences. Secondly, to gather, organise and disseminate intangible knowledge, e.g. tacit and explicit knowledge and information. And thirdly, they are used to create an interactive learning environment where people transfer, and share, their knowledge, and apply it in order to accumulate new knowledge. Thierauf (2001, p. 97) states that the essence of knowledge management is knowledge discovery, knowledge organisation and knowledge sharing. Knowledge management is a process ruled by a knowledge management system, which is designed to improve corporate efficiency by providing a framework, tools, and techniques for re-using captured intellectual assets. For performance enhancement by applying knowledge, a knowledge management system needs capturing, integrating and disseminating functions (ibid., p. 105). 5

6 These definitions imply that knowledge management is more than a system or a tool. Knowledge management is a managerial philosophy, which is perceivable in the practices of different organisations. Knowledge management is not an ultimate tool that solves all information and knowledge transfer problems. However, utilising knowledge management, better performance can be achieved by interaction between individuals or groups. Moreover, to be efficient, knowledge management requires storage for its information, which is open to organisation members for searching critical information or the best practices. Thus knowledge management is the learned methods for knowledge sharing and interaction and, furthermore, knowledge management clarifies which way to operate. The greatest benefit gained through knowledge management is that it does not waste the most important asset to contemporary organisations, the time people have. In this paper knowledge management is considered an organisational process, which is used to achieve better performance due to effective knowledge sharing and organisational learning. The IT tools of knowledge management are also important, but they are not the essence of knowledge management. Business Intelligence Kalakota and Robinson (2000, p. 161) define business intelligence as one of the applications that enables both the active and passive delivery of information. Data and information is collected from large-scale databases, providing the enterprise and managers with timely answers to mission-critical questions. In other words, the objective of business intelligence is to turn raw data into actionable intelligence. Kalakota and Robinson argue that the growth of business intelligence stems mainly from the demand for more competitive business intelligence and increases in electronic data capture and storage. Kalakota s and Robinson s view is supported by Thierauf (2001, pp. xi xii). Thierauf points out that business intelligence converts captured data, information and knowledge into valuable intelligence. Thierauf considers business intelligence systems to be the latest in information systems. Business intelligence systems are an effective aid to decision makers for getting the whole picture of a company s own capabilities and external operating environment. Collins s (1997, p. 14) definition of business intelligence differs a little bit from the two presented above. According to him, business intelligence is the process which supports business decision-making. Required information is gathered about competitors, customers and markets. This raw data is converted into accurate and focused analyses. Collins (1997, p. 19) has a few objectives of business intelligence. Firstly, by using business intelligence, a company can avoid surprises and identify opportunities and threats. Secondly, business intelligence establishes a baseline for performance evaluation. Thirdly, business intelligence provides increased reaction time. Added to this, operational and tactical decisions, business planning and strategy formulation are improved by a more extensive knowledge of the company and the external environment. Halliman s (2000, pp. 3 7) approach to business intelligence is different from those presented above. He suggests that business intelligence can mean anything and everything having to do with using business information. He argues that business 6

7 intelligence can mean any information that facilitates decision-making and managing business future. He claims that text-mining methods are useful to any company engaged in obtaining business intelligence. He suggests that text-mining is a process of identifying concepts in unstructured texts in document collections. In other words, text-mining scans and helps evaluate large amounts of external business text. To present a more consulting business-oriented definition, it is useful to become familiar with the definition of a Finnish company called Viva Business Intelligence. They define business intelligence as follows: Business intelligence is a continuous and systematic process producing and communicating actionable intelligence of the external business environment to facilitate proactive decision-making (1998, p. 5). In this paper, business intelligence is defined as follows: business intelligence is separated into two categories of information needed for the formulation of a business strategy. Business intelligence is the process of gathering and analysing internal and external business information. Internal information. External information. In addition, business intelligence is defined as the process which supports operational and tactical business decision-making. The process consists of phases in which, for example, external and internal data is gathered and converted into intelligence. Comparing performance measurement, knowledge management and business intelligence The use, definitions and practical applications of performance measurement, knowledge management and business intelligence vary between different companies. In this chapter, the tools are compared to each other from several different points of view. One of the most obvious questions regarding any managerial tool or method is to ask what it is used for. Table 1 illustrates the different purposes for using the tools. As the table shows, the use of the tools differentiates between short and long periods, i.e. between operative and strategic levels. Operative level, i.e. short period Strategic level, i.e. long period PERFORMANCE MEASUREMENT KNOWLEDGE MANAGEMENT BUSINESS INTELLIGENCE PERFORMANCE MEASUREMENT KNOWLEDGE MANAGEMENT The main rationale for using the tools Motivation, control and guidance of employees, quality management, etc. Effective knowledge sharing between employees. Management know the organisation s knowledge level. Gaining knowledge about important matters (i.e. changes) within and around the organisation in order to provide better information for decisions-makers. Implementing strategy and receiving feedback for strategy formulation. Developing employees competencies according to strategy. 7

8 BUSINESS INTELLIGENCE Gaining knowledge about important matters (i.e. changes) within and around the organisation that make emergent strategies possible or current strategies invalid. Table 1 The rationale of performance measurement, knowledge management and business intelligence at the operative and strategic level. In practical applications, the use of performance measurement, knowledge management and business intelligence differs clearly when compared to each other. Performance measurement simply deals with the act of measuring various factors of business, e.g. financial and operational factors, and then using the measurements somehow. Knowledge management is about various activities and tools, e.g. knowledge surveys, document databases, reporting policies, etc. (see e.g. Cortada and Woods 2000, Ståhle and Grönroos 1999), which are used in order to improve employee competencies and to make the use of information more efficient also in the organizational context. In business intelligence, information about a company s external and internal environments is gathered and analysed using various means, such as information systems and market surveys. Unfortunately, reality is not as black and white as the description of the above paragraph suggests. The three tools are overlapping in several ways. Firstly, performance measurement can be used as a tool to analyse the effectiveness of knowledge management activities. Secondly, sometimes performance measures provide the information needed in knowledge management activities. For example, measuring employees competencies can be called either knowledge management or performance measurement. Moreover, someone might consider the analysis of employees competencies an internal business intelligence activity. Thirdly, a business intelligence process may be the same process that provides the necessary data for the calculation of measurements. To boot, the process of formulating and implementing measures or indicators may be regarded as the analysis phase of a business intelligence process. These three examples illustrate that using the tools may mean different things and yet, because of their relatively loose definitions, the tools may be overlapping in some situations. The strategy process of an organisation effectuates yet another way of examining the tools. The strategy process lays down the formulation, implementation and control of the strategy. Performance measurement deals with all of the phases of the strategy process. Firstly, by assigning measures for strategically important success factors, employees are guided to implement the planned strategy. Secondly, the monitoring of measurement results provides information regarding the success of the implementation of the strategy. Thirdly, double-loop learning may be used to analyse and question the validity of the strategy. This analysis may be used in formulating new strategies. Also, knowledge management can be used to support the strategy process. For example, an organisation s core competencies can be identified by analysing employees competencies. Sometimes the strategy is formulated around the core competencies. On the other hand, knowledge management activities can be used to implement strategic objectives, such as the decrease in costs by more effective 8

9 knowledge sharing, or the gain in new know-how among the employees of the organisation. The business intelligence process provides information about the changes in an organisation s environment. This information can be used both in formulating the strategy and in making better-informed decisions while implementing the strategy. The business intelligence process also provides information concerning the success of the implementation of the strategy. For example, a market research can be carried out in order to find out the share growth of an important new market. As a summary of the comparison of the three tools, it can be stated that they all have clearly distinctive roles and characteristics, but also that several overlapping characteristics can be found. In the following section, a way to integrate the use of performance measurement, knowledge management and business intelligence is proposed. Efficient and effective use of performance management tools The primary reason for using performance measurement, knowledge management or business intelligence is to manage and improve the performance of an organisation. Therefore, in an ideal situation all three methods are used simultaneously in an organisation, all unnecessary and overlapping activities are eliminated, and the tools are used to leverage each other s effects on performance improvement. This is based on the assumption that eliminating overlapping activities saves resources and that synergies are possible to achieve when the tools are used together. For example, the effectiveness of knowledge management activities may be increased by measuring them. Effective knowledge management needs performance measurement. Firstly, in order to know its current position, an organisation should conduct a competence survey to identify core competencies and major competency gaps. Secondly, in order to improve performance, there should be a plan for competency improvement. The plan should be implemented by defining target levels for subsequent competency surveys in the desired areas. Measurement is used for continuous improvement as an organisation sets and resets target levels as it advances. The use of the performance measurement tool makes knowledge management more efficient. The use of performance measurement and knowledge management is an internal process which is iterative, and both components are dependent on each other. The overlapping in measurement and target setting is avoided as performance measurement and knowledge management are in simultaneous use. The connection between measurement and business intelligence should be seen by comparing an organisation to others as performance measurement is used for generating data for the business intelligence process. As every piece of data is somewhat comparable, efficient benchmarking demands an effective system for data gathering and refining. Measurement without a context or comparison is trivial, thus a sufficient level of information and knowledge about the operating environment is needed. Business intelligence is considered an efficient way to gather necessary information for comparing as well as benchmarking purposes. The overlapping in performance measurement and business intelligence lies at least in the interface between utilising internal and external information. It could be stated that business 9

10 intelligence and performance measurement are both needed in order to gain full advantage of the performance management process. There is also a connection between business intelligence and knowledge management as an organisation creates comprehension of its operating environment and compares its competencies to other organisations, and tries to find its own niche where it can excel. This connection does not overlap as much as business intelligence and knowledge management overlap with performance measurement, but still there are similarities when the factors of performance are evaluated. When business intelligence is efficiently used, it generates vast masses of data, which need processing in business intelligence also in order to convert data into information and intelligence. An efficient knowledge management system could be used for attaching meaning to such information and intelligence. By processing data systematically, data can be interpreted and spread in the form of information and knowledge through both processes. The use of knowledge management leverages the value of using business intelligence and vice versa. Every organisation has a vision or a mission, which is somewhat permanent. Strategy is an explicit plan to reach the goals set. Strategy takes into account both the external operating environment and internal status of an organisation; thus, a triangle of performance measurement, knowledge management and business intelligence is formed around the strategy. Figure 2 illustrates the connections. BI Strategy KM PM Figure 2 Performance measurement, knowledge management and business intelligence in the strategy process of an organisation. These operations, which are set around the strategy process, are seen from three temporal perspectives. Firstly, business intelligence presents a future perspective as it is used for gaining competitive advantage through better business understanding. Business intelligence is connected to performance measurement as the latter provides internal and external information to be converted into business knowledge. Via 10

11 performance measurement and knowledge management, important information on the knowledge in an organisation is mediated to the business intelligence process. Secondly, knowledge management is used to manage the present competencies in an organisation. Critical competencies are derived from strategy. Knowledge management communicates with strategy; however, competencies are very important when performance is evaluated, thus knowledge management is also connected to strategy via performance measurement. Business intelligence is connected to knowledge management directly, as information is refined through the business intelligence process into organizational knowledge. Also, signals indicating the need for different knowledge and skills emanate from business intelligence. Thirdly, performance measurement has a dual role. Firstly, it is used for strategy implementation as the focus is turned to critical success factors and performance drivers. Measurement is very important as sufficient levels are evaluated. Secondly, it is used for strategy formulations in parallel with business intelligence. For efficient planning, it is important to know the current position. Performance measurement is connected to knowledge management via critical success factors and performance drivers, as knowledge management should focus on vital competencies and on increasing their level in an organisation. Conclusions and discussion The triangle of business intelligence, performance measurement and knowledge management provides a framework for strategic performance management. As there is some overlapping, coordination between them is needed. As mentioned above, overlapping makes it possible to use only one or two methods, but then the performance management apparatus is not complete. Efficient performance management requires both foresight and history and, moreover, active development. Thus not a single component of the triangle should be underrated. In order to gain the leveraging effect of using performance management, the system should extend the above features. At least one benefit derived from setting business intelligence, performance measurement and knowledge management in the same framework, is that they are conceptually coherent; they share the same language through which they can communicate with each other. Conceptual coherence is essential to avoid wasting scarce resources. In conclusion, the framework of performance management opens up some questions for further research. Firstly, how is the defined performance management applicable in real life? Secondly, if such a framework was adopted by an organisation, would there be a dominant tool on the strategic or operative level? Thirdly, how is the leverage effect of performance management evaluated when compared to business intelligence, performance measurement and knowledge management? And fourthly, what are the organizational and system requirements for the performance management. 11

12 Bibliography Boshyk, Yury: Beyond Knowledge Management: how companies mobilize experience. in Marchand, Donald A. and Davenport, Thomas H. (eds.): Mastering Information Management. Prentice Hall, London 2000, pp Collins, B. Better Business Intelligence How to Learn More about Your Company. Astron On-Line, Letchworth p. Cortada, James W. and Woods, John A.: The Knowledge management Yearbook Butterworth-Heineman, Boston Davenport, Thomas H. and Marchand, Donald A.: Is KM just good information management?. in Marchand, Donald A. and Davenport, Thomas H. (eds.): Mastering Information Management. Prentice Hall, London 2000, pp Gueldenberg, S. C. Measuring in the Knowledge Age: The Perspective of the Living and Learning Organization. Journal of Strategic Performance Measurement, December 1999, pp Halliman, C. Business Intelligence Using Smart Techniques. Information Uncover, Houston p. Harryson, Sigvald J.: Managing Know-Who Based Companies. Edward Elgar Publishing, Inc., Northampton Kalakota R., Robinson, M. e-business 2.0 Roadmap for Success. Addison-Wesley, Boston p. Kaplan, R. S., Norton, D. P. The Balanced Scorecard. Translating Strategy into Action. Harvard Business School Press, Boston, Massachusetts Leonard-Barton, Dorothy: Wellsprings of Knowledge. Building and Sustaining the Sources of Innovation. Harvard Business School Press, Boston Lynch, R. L., Cross, K. F. Measure Up! The Essential Guide to Measuring Business Performance. Mandarin, Lontoo Marchand, Donald A. and Davenport, Thomas H. (eds.): Mastering Information Management. Prentice Hall, London Lönnqvist, A. Suorituskyvyn mittauksen käyttö suomalaisissa yrityksissä. Tampere University of Technology Neely, A. Measuring Business Performance. Why, What and How? Profile Books Ltd, London Neely, A., Adams, C. Perspectives on Performance: The Performance Prism. Centre for Business Performance, Cranfield Business School, UK

13 Neely, A., Mills, J., Gregory, M., Richards, H., Platts, K., Bourne, M. Getting the Measure of Your Business. Findlay, London Neely, A., Mills, J., Platts, K., Richards, H., Gregory, M., Bourne, M., Kennerley, M. Performance Measurement System Design: Developing and Testing a Process-Based Approach. International Journal of Operations & Production Management, Vol. 20, No. 10, 2000, pp Nonaka, Ikujiro and Takeuchi, Hirotaka: The Knowledge Creating Company. How Japanese Companies Create the Dynamics of Innovation. Oxford University Press, New York PMA (Perspectives on Performance) Newsletter, Vol. 1, Iss. 4, October Simons, R. Performance Measurement & Control Systems for Implementing Strategy. Prentice Hall, New Jersey Ståhle, Pirjo and Grönroos, Mauri: Knowledge Management tietopääoma yrityksen kilpailutekijänä. WSOY, Helsinki Ståhle, Pirjo and Grönroos, Mauri: Dynamic Intellectual Capital. Knowledge management in Theory and Practice. WSOY, Helsinki Tierauf, Robert J.: Effective Business Intelligence Systems. Quorum Books, Westport Toivanen, J. Balanced Scorecardin implementointi ja käytön nykytila Suomessa. Acta Universitatis Lappeenrantaensis 108, Dissertation, Lappeenranta University of Technology Uusi-Rauva, E. Ohjauksen tunnusluvut ja suoritusten mittaus. Second Edition, Opetusmonisteita 2/96, Tampere Viva Business Intelligence. Introduction to Business Intelligence. Pro-How Paper 1/98, p. Wah, Luisa: Behind the Buzz: The Substance of Knowledge Management. in Cortada, James W. and Woods, John A.: The Knowledge management Yearbook Butterworth-Heineman, Boston 2000, pp

A Framework To Create Performance Indicators In Knowledge Management

A Framework To Create Performance Indicators In Knowledge Management A Framework To Create Performance Indicators In Management Rajkumar Roy Cranfield University, UK r.roy@cranfield.ac.uk Francisco M. del Rey Chamorro Cranfield University, UK fmdelrey@hotmail.com Bert van

More information

Copyright subsists in all papers and content posted on this site.

Copyright subsists in all papers and content posted on this site. Student First Name: Ahmad Student Second Name: Al-Halak Copyright subsists in all papers and content posted on this site. Further copying or distribution by any means without prior permission is prohibited,

More information

THE ROLE OF CULTURE IN KNOWLEDGE MANAGEMENT. Woo-Soon Park Department of Public Administration, Dong-A University, Pusan 602-714 Korea

THE ROLE OF CULTURE IN KNOWLEDGE MANAGEMENT. Woo-Soon Park Department of Public Administration, Dong-A University, Pusan 602-714 Korea THE ROLE OF CULTURE IN KNOWLEDGE MANAGEMENT Woo-Soon Park Department of Public Administration, Dong-A University, Pusan 602-714 Korea Keywords: knowledge, knowledge management, knowledge organization,

More information

THE IMPORTANCE OF KNOWLEDGE MANAGEMENT IN ORGANIZATIONS WITH EMPHASIS ON THE BALANCED SCORECARD LEARNING AND GROWTH PERSPECTIVE

THE IMPORTANCE OF KNOWLEDGE MANAGEMENT IN ORGANIZATIONS WITH EMPHASIS ON THE BALANCED SCORECARD LEARNING AND GROWTH PERSPECTIVE THE IMPORTANCE OF KNOWLEDGE MANAGEMENT IN ORGANIZATIONS WITH EMPHASIS ON THE BALANCED SCORECARD LEARNING AND GROWTH PERSPECTIVE Danijela Jelenic Faculty of Economics, University of Nis, Republic of Serbia

More information

Abstract. 72 pages + 7 appendices 15 April 2015. Master of Business Administration. Jukka Kaisla, Principal Lecturer

Abstract. 72 pages + 7 appendices 15 April 2015. Master of Business Administration. Jukka Kaisla, Principal Lecturer Olli Haapa Developing Business Intelligence for an expert organisation Forcit Consulting Business Helsinki Metropolia University of Applied Sciences Master of Business Administration Master s Degree Programme

More information

SIXTH WATER INFORMATION SUMMIT: BREAKING THE BARRIERS LET WATER INFORMATION FLOW!

SIXTH WATER INFORMATION SUMMIT: BREAKING THE BARRIERS LET WATER INFORMATION FLOW! SIXTH WATER INFORMATION SUMMIT: BREAKING THE BARRIERS LET WATER INFORMATION FLOW! WATERWEB CONSORTIUM AND IRC INTERNATIONAL WATER AND SANITATION CENTRE SEPTEMBER 9-12 DELFT, THE NETHERLANDS 2003 KNOWLEDGE

More information

The Role of Knowledge Management in Building E-Business Strategy

The Role of Knowledge Management in Building E-Business Strategy The Role of Knowledge Management in Building E-Business Strategy Mohammad A. ALhawamdeh, P.O.BOX (1002), Postal Code 26110, Jarash, Jordan, +962-2-6340222 M.al-hawamdeh@bcs.org.uk Abstract - e-business

More information

Envisioning a Future for Public Health Knowledge Management

Envisioning a Future for Public Health Knowledge Management Envisioning a Future for Public Health Knowledge Management By Cadence Group Public health today faces challenges and opportunities of a degree that it has never seen before. Never before have methods

More information

Knowledge Management Process: The Care and Feeding of Knowledge Workers

Knowledge Management Process: The Care and Feeding of Knowledge Workers Knowledge Management Process: The Care and Feeding of Knowledge Workers Anna E. Flynn, Ph.D., C.P.M., Associate Professor and Research Associate ISM and CAPS Research 480-752-6276 Ext 3140; aflynn@ism.ws

More information

Information systems supported organizational learning as a competitive advantage

Information systems supported organizational learning as a competitive advantage Journal of Industrial Engineering and Management JIEM, 2013 6(3): 702-708 Online ISSN: 2013-0953 Print ISSN: 2013-8423 http://dx.doi.org/10.3926/jiem.555 Information systems supported organizational learning

More information

E-Learning at Kyongju University in Seoul, Korea: the Present and the Future

E-Learning at Kyongju University in Seoul, Korea: the Present and the Future E-Learning at Kyongju University in Seoul, Korea: the Present and the Future Hyunju Jeung, Ph D Full-time lecturer Kyongju University hjeung@kyongju.ac.kr Abstract Internet is spreading fast in our lives.

More information

Chapter 13: Knowledge Management In Nutshell. Information Technology For Management Turban, McLean, Wetherbe John Wiley & Sons, Inc.

Chapter 13: Knowledge Management In Nutshell. Information Technology For Management Turban, McLean, Wetherbe John Wiley & Sons, Inc. Chapter 13: Knowledge Management In Nutshell Information Technology For Management Turban, McLean, Wetherbe John Wiley & Sons, Inc. Objectives Define knowledge and describe the different types of knowledge.

More information

A MODEL TO DIAGNOSE THE DEVIATION IN THE MAINTENANCE PERFORMANCE MEASURES

A MODEL TO DIAGNOSE THE DEVIATION IN THE MAINTENANCE PERFORMANCE MEASURES A MODEL TO DIAGNOSE THE DEVIATION IN THE MAINTENANCE PERFORMANCE MEASURES Basim Al-Najjar Department of Terotechnology, School of Technology and Design Växjö University, Luckligs plats 1, 351 95 Växjö,

More information

Enterprise Performance Management: The U.S.A. State of the Art

Enterprise Performance Management: The U.S.A. State of the Art Enterprise Performance Management: The U.S.A. State of the Art Dr Bassil Yaghi and Professor Andy Neely Cranfield School of Management Centre for Business Performance Professor J. Richard Dietrich Fisher

More information

Challenges and Opportunities of Management Accounting in Iran Industries

Challenges and Opportunities of Management Accounting in Iran Industries International Journal of Economic Behavior and Organization 2013; 1(6): 56-60 Published online October 20, 2013 (http://www.sciencepublishinggroup.com/j/ijebo) doi: 10.11648/j.ijebo.20130106.11 Challenges

More information

Creation of Innovation by Knowledge Management A case study of a learning software organisation

Creation of Innovation by Knowledge Management A case study of a learning software organisation Creation of Innovation by Knowledge Management A case study of a learning software organisation Karin Auernhammer Mark Neumann Annette Leslie Fiona Lettice Fraunhofer IAO Cranfield University Nobelstr.

More information

KNOWLEDGE MANAGEMENT

KNOWLEDGE MANAGEMENT KNOWLEDGE MANAGEMENT G. AMIRTHRAJ MBA-II YEAR MANAKULA VINAYAGAR INSTITUTE OF TECHNOLOGY amirthrajbba@gmail.com Mobile no 9629321360 ABSTRACT This paper contains topics of interest for those in the Knowledge

More information

KNOWLEDGE MANAGEMENT IN DISASTER RISK REDUCTION

KNOWLEDGE MANAGEMENT IN DISASTER RISK REDUCTION KNOWLEDGE MANAGEMENT IN DISASTER RISK REDUCTION The Indian Approach Government of India Ministry of Home Affairs National Disaster Management Division The document is prepared by a team comprising of Sujit

More information

Oulu, Finland. Abstract: customers. Developing Raahe City Library. the survey. knowledgee. bring new. Knowledge Management. public libraries.

Oulu, Finland. Abstract: customers. Developing Raahe City Library. the survey. knowledgee. bring new. Knowledge Management. public libraries. http://conference.ifla. org/ifla78 Date submitted: 1 July 2012 I Knowledge management in theory and practice: case Raahe City Library Terhi Mustakangas Oulu University of Applied Sciences School of Business

More information

THE INTERNATIONAL JOURNAL OF BUSINESS & MANAGEMENT

THE INTERNATIONAL JOURNAL OF BUSINESS & MANAGEMENT THE INTERNATIONAL JOURNAL OF BUSINESS & MANAGEMENT Performance Management Model for SMEs Rusaneanu Alexandra Ph.D. Student, Faculty of Cybernetics, Statistics and Economic Informatics, Bucharest University

More information

Implementing the Balanced Scorecard Checklist 154

Implementing the Balanced Scorecard Checklist 154 Implementing the Balanced Scorecard Checklist 154 Introduction Traditionally, managers have used a series of indicators to measure how well their organisations are performing. These measures relate essentially

More information

THE ROLE OF KNOWLEDGE MANAGEMENT SYSTEM IN SCHOOL: PERCEPTION OF APPLICATIONS AND BENEFITS

THE ROLE OF KNOWLEDGE MANAGEMENT SYSTEM IN SCHOOL: PERCEPTION OF APPLICATIONS AND BENEFITS THE ROLE OF KNOWLEDGE MANAGEMENT SYSTEM IN SCHOOL: PERCEPTION OF APPLICATIONS AND BENEFITS YOHANNES KURNIAWAN Bina Nusantara University, Department of Information Systems, Jakarta 11480, Indonesia E-mail:

More information

AN EXCITANT CASE STUDY: TITLE OF CASE STUDY

AN EXCITANT CASE STUDY: TITLE OF CASE STUDY THE EXCITANT FOURTH GENERATION BALANCED SCORECARD APPROACH The Public Sector Strategy Map: Addressing both strategy and service delivery models This paper describes the overall approach to using strategy

More information

Organizational Leadership and the Balanced Scorecard: Lessons to be learned from Marketing Activities in a Nonprofit Setting

Organizational Leadership and the Balanced Scorecard: Lessons to be learned from Marketing Activities in a Nonprofit Setting International Journal of Business and Social Science Vol. 3 No. 15; August 2012 Organizational Leadership and the Balanced Scorecard: Lessons to be learned from Marketing Activities in a Nonprofit Setting

More information

STRATEGIC PLANNING AND BALANCED SCORECARD AT PLIVA

STRATEGIC PLANNING AND BALANCED SCORECARD AT PLIVA Mislav Vučić PLIVA d.d., Strategic Planning Office mislav.vucic@pliva.hr STRATEGIC PLANNING AND BALANCED SCORECARD AT PLIVA How and for what purpose PLIVA uses Balanced ScoreCard Abstract: The strategic

More information

A Knowledge Management Framework Using Business Intelligence Solutions

A Knowledge Management Framework Using Business Intelligence Solutions www.ijcsi.org 102 A Knowledge Management Framework Using Business Intelligence Solutions Marwa Gadu 1 and Prof. Dr. Nashaat El-Khameesy 2 1 Computer and Information Systems Department, Sadat Academy For

More information

HOW THE INTELLIGENT ENTERPRISE DELIVERS PERFORMANCE MANAGEMENT.

HOW THE INTELLIGENT ENTERPRISE DELIVERS PERFORMANCE MANAGEMENT. HOW THE INTELLIGENT ENTERPRISE DELIVERS PERFORMANCE MANAGEMENT. HIGHER INTELLIGENCE. MANAGEMENT SUMMARY All organizations, public, private, large and small need to effectively manage business performance.

More information

Assessing the Business Value of Knowledge Retention Projects: Results of Four Case Studies

Assessing the Business Value of Knowledge Retention Projects: Results of Four Case Studies Assessing the Business Value of Knowledge Retention Projects: Results of Four Case Studies Denise J. McManus Larry T. Wilson Charles A. Snyder Exxon-Calloway Faculty Fellow Calloway School of Business

More information

Miracle Integrating Knowledge Management and Business Intelligence

Miracle Integrating Knowledge Management and Business Intelligence ALLGEMEINE FORST UND JAGDZEITUNG (ISSN: 0002-5852) Available online www.sauerlander-verlag.com/ Miracle Integrating Knowledge Management and Business Intelligence Nursel van der Haas Technical University

More information

Knowledge Management in the Software and Services Group

Knowledge Management in the Software and Services Group UDC 001.8:681.3.06 Knowledge Management in the Software and Services Group VKunio Kurose (Manuscript received August 31, 2000) This paper introduces a practical case of knowledge management in the Software

More information

The Balanced Scorecard. Background Discussion

The Balanced Scorecard. Background Discussion The Balanced Scorecard Background Discussion Contents History and Evolution Important Business Drivers Key Concepts Case Studies & Success Stories 1 Business Intelligence (BI) and Knowledge Management

More information

Overview of Knowledge Management in Organizations

Overview of Knowledge Management in Organizations Overview of Knowledge Management in Organizations 1 Overview of Knowledge Management in Organizations Yu Huang Graduate Student, Training and Human Resource Development Key words: Knowledge Management,

More information

THE CONTRIBUTION OF THE BALANCED SCORECARD AS A STRATEGIC MANAGEMENT TOOL IN MANAGEMENT SUPPORT

THE CONTRIBUTION OF THE BALANCED SCORECARD AS A STRATEGIC MANAGEMENT TOOL IN MANAGEMENT SUPPORT Visión de Futuro Año 7, Nº1 Volumen Nº13, Enero - Junio 2010 URL de la Revista: www.fce.unam.edu.ar/revistacientifica/ URL del Documento: http://www.fce.unam.edu.ar/revistacientifica/index.php?option=com_content&view=article&id=184&itemid=51

More information

Development of Performance Management Systems Dmitry Isaev Business Analytics Department Higher School of Economics (HSE) Moscow, Russian Federation disaev@hse.ru Abstract In the paper basic principles

More information

Brand metrics: Gauging and linking brands with business performance

Brand metrics: Gauging and linking brands with business performance Brand metrics: Gauging and linking brands with business performance Received (in revised form): rd February, 00 TIM MUNOZ is a managing partner of Prophet (www.prophet.com), a management consulting firm

More information

Our Lady of Holy Cross College. Ed. D. Executive Leadership Program Course of Study

Our Lady of Holy Cross College. Ed. D. Executive Leadership Program Course of Study Our Lady of Holy Cross College Ed. D. Executive Leadership Program Course of Study First Semester (Fall) Course 1 EDD 801 Applied and Action Research (3) credit hours This course explores action research

More information

Management White Paper What is a modern Balanced Scorecard?

Management White Paper What is a modern Balanced Scorecard? Management White Paper What is a modern Balanced Scorecard? For more information please visit: www.ap-institute.com What is a modern Balanced Scorecard? By Bernard Marr Abstract: The Balanced Scorecard

More information

Embedding Knowledge Processes to Maintain Service Levels and Efficiency in a Growing Software Service Firm

Embedding Knowledge Processes to Maintain Service Levels and Efficiency in a Growing Software Service Firm echallenges e-2013 Conference Proceedings Paul Cunningham and Miriam Cunningham (Eds) IIMC International Information Management Corporation, 2013 ISBN: 978-1-905824-40-3 Embedding Knowledge Processes to

More information

(University of Pristina, Kosova)

(University of Pristina, Kosova) Information Management 109 (University of Pristina, Kosova) Abstract: Keywords: information systems, decision making, management functions, managerial roles. 1. Introduction Transition from industrial

More information

The Accenture Innovation Index

The Accenture Innovation Index The Accenture Innovation Index 2013: Key Findings Innovation enables businesses to be more productive, efficient and grow faster, resulting in competitive economies. These economies respond better to change,

More information

Project co - financed by the European Union from the European Social Fund within the Human Capital Operational Program 2007-2013

Project co - financed by the European Union from the European Social Fund within the Human Capital Operational Program 2007-2013 Project co - financed by the European Union from the European Social Fund within the Human Capital Operational Program 2007-2013 The global economy evolves into a knowledge-based economy, where market

More information

Document Management. Introduction. CAE DS Product data management, document data management systems and concurrent engineering

Document Management. Introduction. CAE DS Product data management, document data management systems and concurrent engineering Document Management Introduction Document Management aims to manage organizational information expressed in form of electronic documents. Documents in this context can be of any format text, pictures or

More information

Leadership vs Management A Business Excellence / Performance Management view

Leadership vs Management A Business Excellence / Performance Management view Leadership vs Management A Business Excellence / Performance Management view George A. Bohoris Professor in Total Quality Management, MBA TQM Programme Director, Department of Business Administration,

More information

CHANGING DIMENSIONS AND PERSPECTIVES OF KNOWLEDGE MANAGEMENT

CHANGING DIMENSIONS AND PERSPECTIVES OF KNOWLEDGE MANAGEMENT CHANGING DIMENSIONS AND PERSPECTIVES OF KNOWLEDGE MANAGEMENT Kamal Kumar Chaurasia * Abstract Knowledge is the result of learning which provides the only sustainable competitive advantage to the organization.

More information

Knowledge Management & Organizational Capacity. Suliman Al-Hawamdeh Professor and Chair College of Information, University of North Texas

Knowledge Management & Organizational Capacity. Suliman Al-Hawamdeh Professor and Chair College of Information, University of North Texas Knowledge Management & Organizational Capacity Suliman Al-Hawamdeh Professor and Chair College of Information, University of North Texas The Need to Manage Knowledge Knowledge is in the mind of people

More information

APPLICATION OF BALANCED SCORECARD IN PERFORMANCE MEASUREMENT AT ESSAR TELECOM KENYA LIMITED

APPLICATION OF BALANCED SCORECARD IN PERFORMANCE MEASUREMENT AT ESSAR TELECOM KENYA LIMITED APPLICATION OF BALANCED SCORECARD IN PERFORMANCE MEASUREMENT AT ESSAR TELECOM KENYA LIMITED By Stephen N.M Nzuve and Gabriel Nyaega School of Business, University of Nairobi. Abstract The Balanced Score

More information

Knowledge Management System Architecture For Organizational Learning With Collaborative Environment

Knowledge Management System Architecture For Organizational Learning With Collaborative Environment Proceedings of the Postgraduate Annual Research Seminar 2005 1 Knowledge Management System Architecture For Organizational Learning With Collaborative Environment Rusli Haji Abdullah δ, Shamsul Sahibuddin

More information

STRATEGIC INTELLIGENCE WITH BI COMPETENCY CENTER. Student Rodica Maria BOGZA, Ph.D. The Bucharest Academy of Economic Studies

STRATEGIC INTELLIGENCE WITH BI COMPETENCY CENTER. Student Rodica Maria BOGZA, Ph.D. The Bucharest Academy of Economic Studies STRATEGIC INTELLIGENCE WITH BI COMPETENCY CENTER Student Rodica Maria BOGZA, Ph.D. The Bucharest Academy of Economic Studies ABSTRACT The paper is about the strategic impact of BI, the necessity for BI

More information

Management Consulting Boutiques and Global Markets

Management Consulting Boutiques and Global Markets Management Consulting Boutiques and Global Markets Antonella Negri Clementi * Abstract Boutique consultancy firms operate in global markets in selected areas in which they hold the strongest competencies

More information

Corporate performance management

Corporate performance management Corporate performance management Mike Bourne, Monica Franco and John Wilkes Mike Bourne is Director of the Centre for Business Performance at Craneld School of Management. He joined Cambridge University

More information

KEYWORDS: Co-design, design games, distributed design processes, network theories, relationship management

KEYWORDS: Co-design, design games, distributed design processes, network theories, relationship management Co-Creation in Distributed Value Creation Systems and Networks (blank line) Anne Louise Bang Kolding School of Design, Kolding, Denmark alb@dskd.dk (blank line) Poul Rind Christensen Kolding School of

More information

BUSINESS INTELLIGENCE AS SUPPORT TO KNOWLEDGE MANAGEMENT

BUSINESS INTELLIGENCE AS SUPPORT TO KNOWLEDGE MANAGEMENT ISSN 1804-0519 (Print), ISSN 1804-0527 (Online) www.academicpublishingplatforms.com BUSINESS INTELLIGENCE AS SUPPORT TO KNOWLEDGE MANAGEMENT JELICA TRNINIĆ, JOVICA ĐURKOVIĆ, LAZAR RAKOVIĆ Faculty of Economics

More information

The ability to learn faster than our competitors may be the only sustainable competitive advantage.

The ability to learn faster than our competitors may be the only sustainable competitive advantage. DEVELOPING SKILLS FOR BUSINESS LEADERSHIP CHAPTER 2 ACTIVITY 2.3 IS KNOWLEDGE THE ONLY SOURCE OF COMPETITIVE ADVANTAGE TODAY? Assignment submitted by Stefanie Reissner for module Strategic Issues, MA International

More information

ENMA 897 Integration of Management Systems

ENMA 897 Integration of Management Systems ENMA 897 Integration of Management Systems Instructor: Cory Searcy, Ph.D. Office: 242-C Kaufman Hall Telephone: (757)-683-3758 Email: csearcy@odu.edu Office Hours: Class Time: Class Location: Tuesdays:

More information

Visual Strategic Planning

Visual Strategic Planning 9909 Mira Mesa Blvd. San Diego, CA 92131 Phone: 800-768-3729 Phone: 858-225-3300 Fax: 858-225-3390 www.smartdraw.com Visual Strategic Planning Thinking and Communicating Visually in the Strategic Planning

More information

CONTRIBUTION OF INFORMATION TECHNOLOGY IN ENHANCEMENT OF KNOWLEDGE MANAGEMENT PRACTICES

CONTRIBUTION OF INFORMATION TECHNOLOGY IN ENHANCEMENT OF KNOWLEDGE MANAGEMENT PRACTICES International Journal of Information Technology and Knowledge Management July-December 2010, Volume 2, No. 2, pp. 533-537 CONTRIBUTION OF INFORMATION TECHNOLOGY IN ENHANCEMENT OF KNOWLEDGE MANAGEMENT PRACTICES

More information

PERFORMANCE MEASUREMENT OF INSURANCE COMPANIES BY USING BALANCED SCORECARD AND ANP

PERFORMANCE MEASUREMENT OF INSURANCE COMPANIES BY USING BALANCED SCORECARD AND ANP PERFORMANCE MEASUREMENT OF INSURANCE COMPANIES BY USING BALANCED SCORECARD AND ANP Ronay Ak * Istanbul Technical University, Faculty of Management Istanbul, Turkey Email: akr@itu.edu.tr Başar Öztayşi Istanbul

More information

Cover Page. The handle http://hdl.handle.net/1887/33081 holds various files of this Leiden University dissertation.

Cover Page. The handle http://hdl.handle.net/1887/33081 holds various files of this Leiden University dissertation. Cover Page The handle http://hdl.handle.net/1887/33081 holds various files of this Leiden University dissertation. Author: Stettina, Christoph Johann Title: Governance of innovation project management

More information

Building A System Dynamics Model for Strategic Knowledge Management in IT Company

Building A System Dynamics Model for Strategic Knowledge Management in IT Company Building A System Dynamics Model for Strategic Knowledge Management in IT Company Sang-hyun Park*, Seung-jun Yeon**, Dong-ho Kim***, Sang-wook Kim**** Department of MIS, Chungbuk National University #48

More information

Session One. Introduction to Knowledge Management

Session One. Introduction to Knowledge Management Knowledge Management Session One Introduction to Knowledge Management Knowledge economy Economic performance based on knowledge, technology and learning Mobilising knowledge to add value to goods and services

More information

Measuring the Performance of Corporate Knowledge Management Systems

Measuring the Performance of Corporate Knowledge Management Systems 24 Informatica Economică vol. 13, no. 4/2009 Measuring the Performance of Corporate Knowledge Management Systems Ioan I. ANDONE Alexandru Ioan Cuza University of Iasi, Faculty of Economics and Business

More information

Knowledge Economy. Knowledge Management. Defining the K.M framework. Knowledge Economy. Defining the K.M framework. Defining the K.

Knowledge Economy. Knowledge Management. Defining the K.M framework. Knowledge Economy. Defining the K.M framework. Defining the K. Knowledge Management Knowledge Economy What is it & how should be applied in a business and in an academic context? An empirical study from Greece. Speaker: Nikos Katsiadakis, Thessaloniki Technology Park

More information

Since the 1990s, accountability in higher education has

Since the 1990s, accountability in higher education has The Balanced Scorecard Beyond Reports and Rankings More commonly used in the commercial sector, this approach to strategic assessment can be adapted to higher education. by Alice C. Stewart and Julie Carpenter-Hubin

More information

Information Professionals in the Information Age: Vital Skills and Competencies

Information Professionals in the Information Age: Vital Skills and Competencies Information professionals in the information age: Vital skills and competencies. Hawamdeh, S., & Foo, S. (2001). Proc. International Conference for Library and Information Science Educators in the Asia

More information

How To Understand And Understand Activity Based Management

How To Understand And Understand Activity Based Management Technical Briefing DEVELOPING AND PROMOTING STRATEGY APRIL 2001 Activity-based Management An Overview IN THIS BRIEFING Part 1 General FAQs Part 2 Practical guidance on implementing ABM Part 3 Checklist

More information

CHALLENGES AND APPROACHES FOR KNOWLEDGE MANAGEMENT. Jean-Louis ERMINE CEA/UTT

CHALLENGES AND APPROACHES FOR KNOWLEDGE MANAGEMENT. Jean-Louis ERMINE CEA/UTT CHALLENGES AND APPROACHES FOR KNOWLEDGE MANAGEMENT Jean-Louis ERMINE CEA/UTT Abstract: Knowledge Management is now a crucial issue in companies: Knowledge is a major economic challenge for the future.

More information

ICT Teacher Professional Development Matrix. and Planning Tool

ICT Teacher Professional Development Matrix. and Planning Tool ICT Teacher Professional Development Matrix and Planning Tool Contents Introduction... 2 Background... 2 ICT Competency Standards for Teachers... 3 ICT Teacher Professional Development Matrix... 5 The

More information

Managing Organizational Performance: Linking the Balanced Scorecard to a Process Improvement Technique Abstract: Introduction:

Managing Organizational Performance: Linking the Balanced Scorecard to a Process Improvement Technique Abstract: Introduction: Managing Organizational Performance: Linking the Balanced Scorecard to a Process Improvement Technique William K. Hoehn, Ph.D. Raytheon Systems Company Tucson, Arizona Abstract: Numerous researchers have

More information

Business Development & Licensing Journal For the Pharmaceutical Licensing Groups

Business Development & Licensing Journal For the Pharmaceutical Licensing Groups www.plg-uk.com Business Development & Licensing Journal For the Pharmaceutical Licensing Groups Consolidation in the generics sector Integrating business development Cross-cultural negotiations Self-reporting

More information

Healthcare Measurement Analysis Using Data mining Techniques

Healthcare Measurement Analysis Using Data mining Techniques www.ijecs.in International Journal Of Engineering And Computer Science ISSN:2319-7242 Volume 03 Issue 07 July, 2014 Page No. 7058-7064 Healthcare Measurement Analysis Using Data mining Techniques 1 Dr.A.Shaik

More information

The Knowledge of Business Intelligence

The Knowledge of Business Intelligence The Knowledge of Business Intelligence 34 th International Conference on Information Technology Interfaces June 2012 Clyde W. Holsapple 2012 The Knowledge of Business Intelligence Basic Proposition Business

More information

QUALITY AS A STRATEGY FOR THE DEVELOPMENT OF COMPETITIVE ADVANTAGES IN THE HEALTH INSTITUTIONS FOR ACHIEVING BUSINESS SUCCESS

QUALITY AS A STRATEGY FOR THE DEVELOPMENT OF COMPETITIVE ADVANTAGES IN THE HEALTH INSTITUTIONS FOR ACHIEVING BUSINESS SUCCESS QUALITY AS A STRATEGY FOR THE DEVELOPMENT OF COMPETITIVE ADVANTAGES IN THE HEALTH INSTITUTIONS FOR ACHIEVING BUSINESS SUCCESS Veselin Dickov Faculty of International Management, European University, Serbia

More information

in a changing business environment Mike Kennerley and Andy Neely

in a changing business environment Mike Kennerley and Andy Neely The Emerald Research Register for this journal is available at http://www.emeraldinsight.com/researchregister The current issue and full text archive of this journal is available at http://www.emeraldinsight.com/0144-3577.htm

More information

Dr. Ed Goldberg, CBCP

Dr. Ed Goldberg, CBCP Dr. Ed Goldberg, CBCP Manager, Northeast Utilities Business Continuity, Disaster Recovery and Threat Assessment; Faculty, Capella University. ACP Corporate Board, Education Committee Chair Institutionalizing

More information

Integrated Marketing Performance Using Analytic Controls and Simulation (IMPACS SM )

Integrated Marketing Performance Using Analytic Controls and Simulation (IMPACS SM ) WHITEPAPER Integrated Performance Using Analytic Controls and Simulation (IMPACS SM ) MAY 2007 Don Ryan Senior Partner 35 CORPORATE DRIVE, SUITE 100, BURLINGTON, MA 01803 T 781 494 9989 F 781 494 9766

More information

Questions & Answers SERVICE INNOVATION. Dorothy I. Riddle, Ph.D., CMC Service-Growth Consultants Inc. riddle@servicegrowth.com

Questions & Answers SERVICE INNOVATION. Dorothy I. Riddle, Ph.D., CMC Service-Growth Consultants Inc. riddle@servicegrowth.com Questions & Answers SERVICE INNOVATION Dorothy I. Riddle, Ph.D., CMC Service-Growth Consultants Inc. riddle@servicegrowth.com Successful service firms compete through innovation because how a service is

More information

Balanced Scorecard: linking strategic planning to measurement and communication Gulcin Cribb and Chris Hogan Bond University, Australia

Balanced Scorecard: linking strategic planning to measurement and communication Gulcin Cribb and Chris Hogan Bond University, Australia Balanced Scorecard: linking strategic planning to measurement and communication Gulcin Cribb and Chris Hogan Bond University, Australia Abstract This paper discusses issues and strategies in implementing

More information

Continuous Performance Measurement using Distributed Performance Knowledge Management System: A case study of Coca Cola Enterprise Ltd

Continuous Performance Measurement using Distributed Performance Knowledge Management System: A case study of Coca Cola Enterprise Ltd Continuous Performance Measurement using Distributed Performance Knowledge Management System: A case study of Coca Cola Enterprise Ltd Tahir Afzal Malik Department of Management Science Tahir_afzal@comsats.edu.pk

More information

Decision Support Framework for BIS

Decision Support Framework for BIS Decision Support Framework for BIS Week 3 Dr. Jocelyn San Pedro School of Information Management & Systems Monash University IMS3001 BUSINESS INTELLIGENCE SYSTEMS SEM 1, 2004 Lecture Outline Decision Support

More information

Total Quality Management and Balanced Scorecard - A Comparative Analysis

Total Quality Management and Balanced Scorecard - A Comparative Analysis Total Quality Management and Balanced Scorecard - A Comparative Analysis Mika Hannula, Harri I. Kulmala, Petri Suomala Tampere University of Technology Tampere, Finland ABSTRACT Recent years have witnessed

More information

Designing a Strategy Map in order to Facilitate Strategy Implementation

Designing a Strategy Map in order to Facilitate Strategy Implementation LTA 1 / 0 6 p. 1 1 2 9 Juha Antola, Antti Lönnqvist and Erkki Uusi-Rauva, Designing a Strategy Map in order to Facilitate Strategy Implementation Abstract The strategy map is a visual presentation of a

More information

The role of business intelligence in knowledge sharing: a Case Study at Al-Hikma Pharmaceutical Manufacturing Company

The role of business intelligence in knowledge sharing: a Case Study at Al-Hikma Pharmaceutical Manufacturing Company The role of business intelligence in knowledge sharing: a Case Study at Al-Hikma Pharmaceutical Manufacturing Company Samer Barakat 1* Hasan Ali Al-Zu bi 2 Hanadi Al-Zegaier 3 1. Management Information

More information

Competitive intelligence, Competitive advantage in the success business organizations

Competitive intelligence, Competitive advantage in the success business organizations Available online at www.behaviorsciences.com Reef Resources Assessment and Management Technical Paper ISSN: 1607-7393 RRAMT 2013- Vol. 38(2), 2013, 5 Competitive intelligence, Competitive advantage in

More information

MANAGING THROUGH MEASUREMENT: A framework for successful operative level performance measurement

MANAGING THROUGH MEASUREMENT: A framework for successful operative level performance measurement LAPPEENRANTA UNIVERSITY OF TECHNOLOGY Juhani Ukko MANAGING THROUGH MEASUREMENT: A framework for successful operative level performance measurement Thesis for the degree of Doctor of Science (Technology)

More information

CHAPTER 5 COMPETITIVE ADVANTAGE AND STRATEGIC MANAGEMENT FOR PERFORMANCE EXCELLENCE

CHAPTER 5 COMPETITIVE ADVANTAGE AND STRATEGIC MANAGEMENT FOR PERFORMANCE EXCELLENCE CHAPTER 5 COMPETITIVE ADVANTAGE AND STRATEGIC MANAGEMENT FOR PERFORMANCE EXCELLENCE TRUE/FALSE QUESTIONS 1. Core competence process by which the members of an organization envision its future and develop

More information

PROFESSIONAL PRACTICE STATEMENT Performance Measurement & Metrics

PROFESSIONAL PRACTICE STATEMENT Performance Measurement & Metrics PROFESSIONAL PRACTICE STATEMENT Performance Measurement & Metrics PPS ADOPTED: OCT 2013 What is a professional practice statement? Professional Practice developed by the Association Forum of Chicagoland

More information

CREATING A LEAN BUSINESS SYSTEM

CREATING A LEAN BUSINESS SYSTEM CREATING A LEAN BUSINESS SYSTEM This white paper provides an overview of The Lean Business Model how it was developed and how it can be used by enterprises that have decided to embark on a journey to create

More information

GAP ANALYSIS OF APPROACHES TO IMPLEMENTATION OF MANAGEMENT SYSTEMS

GAP ANALYSIS OF APPROACHES TO IMPLEMENTATION OF MANAGEMENT SYSTEMS 52 PROCEEDINGS OF THE SCIENTIFIC CONFERENCE QUALITY AND LEADING INNOVATION 2014 GAP ANALYSIS OF APPROACHES TO IMPLEMENTATION OF MANAGEMENT SYSTEMS DOI: 10.12776/QALI.V1.#5 MIROSLAV HRNIAR ABSTRACT Purpose:

More information

TRAINING AND EDUCATION IN THE SERVICE OF MILITARY TRANSFORMATION

TRAINING AND EDUCATION IN THE SERVICE OF MILITARY TRANSFORMATION TRAINING AND EDUCATION IN THE SERVICE OF MILITARY TRANSFORMATION Ecaterina Livia TATAR Lecturer, Regional Department of Defense Resources Management Studies, Brasov, Romania The magnitude and challenges

More information

A methodology for knowledge based project management (Work in progress)

A methodology for knowledge based project management (Work in progress) A methodology for knowledge based project management (Work in progress) Patrick Onions patrick@knowledgestudio.co.uk 23 January 2007 The characteristics of our late 20th century society demand the development

More information

The Basics of Expert (Knowledge Based) Systems. Contents. 1. Introduction. 2. Scope of Definition - Formal Description

The Basics of Expert (Knowledge Based) Systems. Contents. 1. Introduction. 2. Scope of Definition - Formal Description The Basics of Expert (Knowledge Based) Systems Contents 1. Introduction 2. Scope of Definition - Formal Description 3. Expert System Component Facts 3.1 Rule Based Reasoning 3.2 Databases 3.3 Inference

More information

PMOs. White Paper. 1 www.mosaicprojects.com.au. 1 For more papers on PMOs see: http://www.mosaicprojects.com.au/resources_papers.

PMOs. White Paper. 1 www.mosaicprojects.com.au. 1 For more papers on PMOs see: http://www.mosaicprojects.com.au/resources_papers. s A 1 will have various roles and responsibilities according to whether the service (or support) is focused at the project, program or portfolio level. Project management offices (PjMO) provide centralised

More information

The Relationship between Knowledge Management Elements and Organizational Learning among Faculty Members of Islamic Azad University of Dezful

The Relationship between Knowledge Management Elements and Organizational Learning among Faculty Members of Islamic Azad University of Dezful International Journal On New Trends In Education And Literature Vol 1, No 6, Feb. 2015 http://www.ijnteljournal.com The Relationship between Knowledge Management Elements and Organizational Learning among

More information

IT Governance Issues in Korean Government Integrated Data Center 1

IT Governance Issues in Korean Government Integrated Data Center 1 IT Governance Issues in Korean Government Integrated Data Center 1 Mokpo National University, silee@mokpo.ac.kr Abstract Korean government established the GIDC (Government Integrated Data Center) as a

More information

Managing Key Performance Indicators (KPIs): A Case Study at an Aerospace Manufacturing Facility

Managing Key Performance Indicators (KPIs): A Case Study at an Aerospace Manufacturing Facility Managing Key Performance Indicators (KPIs): A Case Study at an Aerospace Manufacturing Facility Rohana Abdullah, Effendi Mohamad, Mohd.Razali Muhamad Faculty of Manufacturing Engineering, University Teknikal

More information

Human Resource Management Assignment: Sample

Human Resource Management Assignment: Sample INTERNATIONAL HRM Section A: This question must be answered by all students: Boyacigiller et al (2006 p81) have stated that A key difference between domestic and global managers is the need for global

More information

The Agile Organization: Technology & Innovation

The Agile Organization: Technology & Innovation From: AAAI Technical Report WS-97-02. Compilation copyright 1997, AAAI (www.aaai.org). All rights reserved. The Agile Organization: Technology & Innovation Robert ~ Plant Stephen 2 Murrell 1Department

More information

Human Resource Information System Contributes to the Management of Competence and Knowledge

Human Resource Information System Contributes to the Management of Competence and Knowledge 11th International Conference on Human Resource Development Research and Practice across Europe, June 2 4, 2010, Pecs, Hungary Human Resource Information System Contributes to the Management of Competence

More information