Saturday, November 29, 2014

Best Management Practices Knowledge Base

To achieve your fundamental objectives – maximize financial value for your shareholders and to transform your company into a powerful money-making machine – you must maximize the aggregate performance of your business entity.

To maximize your corporate performance, you will obviously need to use the best management practices (BMP) to manage objects, processes and projects in their responsibility areas.

Some of these BMP you will develop yourself, but most of the time the most efficient way would be to find these practices in your external environment and adopt them to your specific corporate conditions. And to make sure that your employees do, indeed, use the best practices there are.

To make it possible, you need a highly efficient system of identifying and adopting the BMP. This system must include the following components:

1.      A comprehensive, well-structured, accurate and up-to-date BMP knowledge base
2.      A highly efficient methodology, corporate process and tools for continuous update of this BMP knowledge base

3.      A highly competent knowledge management personnel
4.      A no less highly efficient system for adopting the BMP – including the necessary training, coaching and consulting (internal and external)

5.      A network of highly competent partners – professionals in training, coaching and consulting – providers of BMP adoption services


6.      A highly efficient monitoring system for making sure that you employees, indeed, do adopt and use BMP on a regular basis

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