CRC Press Knowledge-Driven Profit Improvement: Implementing Assessment Feedback Using PDKAction Theory

This book presents an innovative and radically logical way of thinking about organizational knowledge and competition that centers on discipline, integration and focus. By tapping into the previously unrealized strengths that lie in all companies, the author suggests that it is possible for companies to move beyond informational chaos to create focused and enticing new opportunities. The 12 step method presented in the first five chapters show you how to take information from feedback from assessments, surveys and audits, convert it into usable knowledge and get bottom line improvements. The strategy expands the plan-do-check-act (PDCA) model into a Plan-Do-Knowledge-Act (PDKA) process. The case studies provided reinforce the principles and the theory behind them. Significant challenges face any organization intent on becoming world-class by managing knowledge effectively. They can be classified into four types: making use of your information by integrating it, organizing the different forms of information into a manageable framework, focusing equal attention on your strengths and your weaknesses, developing decision-making criteria based on key company drivers. The12 steps outlined in Knowledge-Driven Profit Improvement: Implementing Assessment Feedback Using PDKAction Theory will show you how to make your company into a world-class organization. Features Assists companies in becoming more competitive Serves as a guide for companies to use when taking their feedback from assessments, surveys, and audits, then integrating the feedback, and prioritizing it so that financial and operational improvements can be made Allows companies to use the information they have been accruing for years Helps companies establish better business priorities for the purpose of better planning Demonstrates the significance of improvements made by using the information gained from assessments Contents< Review "Knowledge Driven Profit Improvement is a welcome addition to the improvement toolkit of business practitioners."-David Walden, Executive Director Center for Quality of Management (retired Senior Vice President, Bolt Beranek and Newman Inc.; Senior Lecturer, MIT Sloan School of Business; co-author A New American TQM; retired Executive Director, CQM; Editor, Journal of the Center for Quality of Management ). "The Plan-Do-Knowledge-Act model creates a new paradigm that is effective and efficient in building knowledge and adding value to both company and individual. It provides the guidance, discipline and focus to move your organization toward its true competitive potential."-Bob Barbour, Director and Chief Executive, Northern Ireland Quality Center "Matthews' knowledge-based improvement plan offers a proactive, common sense approach to leverage the new insights gleaned from the assessment itself..."-William C. Phillips, Former Senior Director, Quality, United Way of America "The President's Quality Award Program winners used the Knowledge to Plan, Do and Act. The results were impressive!"-Barbara Smith, Manager, The President's Quality Award Program, United States Office of Personnel Management "The only way for our organizations to improve is to deploy feedback into actions - appropriate actions which move our business into the competitive future...the difference between mediocre and excellent organizations is the ability to analyze and integrate knowledge into action."-Marie B. Williams, Executive Director, Tennessee Quality Award Promo Copy About the Author Matthews, Monte Lee