In-depth understanding of each application, including functions, interdependencies, business value, required support skills and more Big picture view of the application portfolio to determine if it is meeting current objectives and to support decisions about its future evolution Clear assessment of costs and risks of the current application portfolio Alignment of business and technology objectives Insight for effectively gauging the scope and impact of making any portfolio changes Through APM, issues are identified and recommendations for improvement are made on an ongoing basis to ensure effective application management and optimization that improves performance and meets business objectives. Through this work, we recommend whether applications should be modernized, re-platformed, migrated, decommissioned, consolidated or replaced. To address small, medium, large and massive portfolios Flexibility and adaptability: To meet the needs of different industries and markets Transparency:
When we talk about knowledge services, the stereotypical linkage is to academia which is a not totally correct in every sense of the word.
Knowledge practice or service involves more than academia. It is about people, processes and technology. It is the convergence of all these aspects in governance of both the public and private sectors of the economy. Knowledge Services is defined by St.
As the definition states, it is a convergence of information, Knowledge management and strategic learning. This ties back to the three fundamental application to knowledge management which are; people, processes and technology.
Africa as a continent and in particular Nigeria as a country is undergoing a transition with regards to governance. It is vital that in the reshaping of the country, leadership is cognizant of the benefits of imbedding knowledge practice into the new DNA of the country.
In the face of the challenges faced by the slower adoption of technology and processes, people have become resilient in their approach to problem solving. They have devised means of achieving outcome through the knots within our processes. As inefficient as they may be, the take away here is the attitude of persistence.
The tenacity exhibited by people if re-directed through the alignment of people, processes, facilitated by technology can lead to better results with; Greater efficiency: Efforts are channeled towards maintenance and innovation and building stronger alliances and networks within the workforce.
A strong network of resources within the workforce through collaboration and knowledge sharing creates a strong work bench. There are more people who know the same things. This eliminates fear of loss of power and fosters an environment of trust and unity which translates to ease of onboarding and increased workforce mobility.
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Improved Organizational culture and growth: Organizational culture and growth are the life wire of any government or business. A nurturing culture that fosters strategic alliances and innovation is one that is better suited for the challenges of tomorrow.
An environment that is devoid of hoarding and encourages openness is one that will flourish with transparent governance.
The global eco-system is quickly shifting from product based to a knowledge based economy. Competitive advantage now stems from the sum of the cumulative intellectual capital within an economy.
Knowledge practice frameworks help to understand and analyze the strategic imperative of leadership and thus facilitate the creation of roadmaps that will best capture the relevant knowledge needed at the right time.
The ability to sustain and growth intellectual capital translates into the longevity of any system. The era of excessive waste of both human and material resources is long gone and the society demands more frugal ways of ensuring the extension of available resources and utilization to the extent that is optimal to its capacity.
Is the outcome of efficiency, productivity and effectiveness. For this to be attained, there key components that collectively make up the epitome of good governance.
The head cornerstone of good governance is participation through adequate representation of the populace. The ability for people to freely express themselves is in the best interest for all stakeholders. Consensus is needed by all stakeholders for sustainability. Leadership is accountable to the people who will be affected by the policies and decision taken as well as the rule of law.
Therefore, accountability should be clearly documented and enforced. Information should be provided in easily understandable forms and media.McKinsey 7s model is a tool that analyzes firm’s organizational design by looking at 7 key internal elements: strategy, structure, systems, shared values, style, staff and skills, in order to identify if they are effectively aligned and allow organization to achieve its objectives.
Change management deals with how changes to the system are managed so they don't degrade system performance and availability. Change management is especially critical in today's highly.
Change Management Tools to Mitigate Operational Risk improvement software tools designed to help companies automate HSE and • DOT – Integrity Management Programs • Offshore – SEMS; more on that in a minute • Everywhere in the US and many parts of the world – API is the de facto.
Create, modify, validate and document piping systems of ships and offshore structures. Optimize piping design workflows through intelligent path creation tools, specifications-driven part selection, smart part placement, collision detection, weight calculations and rules checking.
Model Based Definition. improvement in piping design. Knowledge Management Processes and Goals Kno wledge management is the planning, organizing, motivating, and controlling of people, proc- esses and systems in the organization to ensure that its knowledge-related assets are improved.
Agree on the project management tools and processes to be used, and ensure that the offshore team understands all nuances. Adopt a structured change management and issue tracking process, but be flexible with respect to the needs of the offshore team.