Tuesday, August 31, 2010

Knowledge is power?

The truth of this statement depends on where the knowledge is housed. If confined to specific individuals or within specific departments the knowledge power equation can be significantly diluted.
So what’s the Holy Grail, we call it common knowledge. The core competency of any organization to create, maintain and enhance knowledge and understanding of the key business ingredients.

Those that posses this skill have a definite competitive advantage.

One of these key business ingredients is the company’s financial statements or its ultimate scorecard. Approximately 50% or more of mid to senior managers do not have an appropriate understating of the