Knowledge
management has a lot of potential goldmines to open up.
One of these goldmines, in the world of continuous mergers, fusions and take-overs is handling knowledge during the above processes.
One of these goldmines, in the world of continuous mergers, fusions and take-overs is handling knowledge during the above processes.
Let’s take
a simple case, but the same principles are applicable in more complex cases.
One company
– on one side of the world – acquired by another company on the other side of
the world. Companies, in the same industrial business, but with different knowledge,
knowledge handling, knowledge maturity and structure. And this for all
functions in the companies: technical, support, HR, financial: it’s all
duplicated in one way or the other.
And the major
hick-ups are not in solving the knowledge management using a technical solution.
People
knowing me know it’s one of my crusades that knowledge management is not solved
by selecting one tool and putting the knowledge in there. It’s proven enough
that this simply does not work because of the dynamics of the knowledge itself,
the people, the company, and the volatile environments.
Let me give
a few hand-holds that can help to successful merge, fuse or acquire.
As – also for
other knowledge management projects – the most important assets are the
knowledge itself and the people handling this knowledge.
One tool
that helps in all cases is assessing the knowledge maturity. Although (and despite
we’ve developed such tools but not really commercialized them) it is still under discussion how a culture can
be measured and how precise such an assessment is, it certainly has value.
When two
different cultures meet, it is important to not only understand each other’s culture,
but also to know each other maturity on change management and knowledge
handling.
Certainly
when acquiring a company in a totally different culture, where you certainly do
not know the associates of the other company, this is a quick and easy way to
assess this associates up-to personal level if you would like.
Of course
there are the strategies of optimizing processes, but deciding whose process
will take over whose process is mostly depending on political decisions in the
company – it is not always the best process.
But also here, it would be foolish not to learn from one another, doing quick assessments of each other processes. Taking a business case approach here will guide you to increase efficiency and effectivity in all cases. And in the worst case, the only added value is shared knowledge and increased awareness.
But also here, it would be foolish not to learn from one another, doing quick assessments of each other processes. Taking a business case approach here will guide you to increase efficiency and effectivity in all cases. And in the worst case, the only added value is shared knowledge and increased awareness.
...and lot's more!
--- in case
you want to know more – contact me !