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Strategy for Knowledge Asset Management

A1

Develop and communicate knowledge asset management goals and objectives. Develop high-level action plans to implement the strategy.

Improvement Planning

Practices-Outcomes-Metrics (POM)

Representative POMs are described for Strategy for Knowledge Asset Management at each level of maturity.

1Initial
  • Practice
    No knowledge strategy is applied.
    Outcome
    No formal process to design knowledge strategy.
    Metric
    No metrics.
2Basic
  • Practice
    Define basic goals and objectives at team or department level for the development of the knowledge strategy.
    Outcome
    Basic goals and objectives are defined as input to the knowledge strategy.
    Metric
    # of department level formal meetings to define goals and objectives. # of goals and objectives as input to the knowledge strategy.
3Intermediate
  • Practice
    Specify details of priority short-, medium-, and long-term knowledge goals to support the development of the knowledge strategy at department level.
    Outcome
    Agreed short-, medium-, and long-term knowledge goals are defined.
    Metric
    # of prioritised goals agreed at department level. # of goals to focus the framing of the knowledge strategy.
4Advanced
  • Practice
    Align department level short-, medium-, and long-term knowledge goals at an enterprise level, and include in the business plan.
    Outcome
    Aligned goals acknowledged in the business plan.
    Metric
    # of aligned, prioritised, time-based goals adopted in the framing of the knowledge strategy. Yes/No indicator for alignment of knowledge goals. Yes/No indicator for aligned knowledge goals included in the business plan.
  • Practice
    Ensure senior management review aligned knowledge goals annually.
    Outcome
    Aligned knowledge goals are reviewed annually.
    Metric
    Yes/No indicator for annual review of aligned knowledge goals.
5Optimized
  • Practice
    Adopt knowledge strategy across the enterprise.
    Outcome
    A fully developed knowledge strategy is adopted and supports KAM effort across the enterprise.
    Metric
    Yes/No indicators confirming adoption of knowledge strategy.
  • Practice
    Establish a measurement process to capture the contributions of the knowledge strategy at an enterprise level.
    Outcome
    Contributions of knowledge strategy are captured through the established measurement process.
    Metric
    Yes/No indicator confirming measurement of the contributions of the knowledge strategy. % positive contributions of the knowledge strategy.
  • Practice
    Align knowledge strategy with overall business strategy and revise regularly.
    Outcome
    Alignment and revision of knowledge strategy achieved.
    Metric
    Yes/No indicator for alignment of the adopted knowledge strategy with overall business strategy. Frequency of revision of knowledge strategy (# of revisions per 1–2 years)