Best practice database

Citation

(2000), "Best practice database", Work Study, Vol. 49 No. 5. https://doi.org/10.1108/ws.2000.07949eaf.007

Best practice database

Keywords Performance measurement, Benchmarking, Knowledge management, Database management

In today's highly competitive business world, the difference between the average and great performance is not that great. One of the measures that increasingly differentiates world-class companies from the rest of the pack is their ability to fully exploit knowledge and information within their own organisations.

BestPracticeDatabase.com at http://www.BestPracticeDatabase.com catalogues insights from world-class companies - such as Xerox, British Petroleum, Hewlett-Packard, Monsanto and General Electric - to provide immediate, around-the-clock access to first-hand information on how these and other leading organisations have successfully implemented knowledge management systems that cut costs and increase productivity. These companies understand the importance of processing and filtering the mountains of information received by each employee daily in order to produce advances and strategic advantage for the company. As companies have realised the importance of information processing, they have turned to formal knowledge management efforts to improve their internal information processing and knowledge sharing systems.

Examples of how other world-class companies have successfully applied knowledge management strategies to their own organisation are available at Best Practices, LLC's online database, BestPracticeDatabase.com. They claim that these data are more applicable to real-world needs than books and articles on knowledge management theory; the database emphasising practical applications of knowledge management and highlighting actual cases where knowledge management initiatives are succeeding.

For example, one example profiles a leading chemical manufacturer whose intellectual capital management system currently saves the company over $1 million a year. The categorisation and search functions also pinpoint those subtopics best suited and most relevant to the needs of the accessing organisation.

To find out more, you can take a virtual tour of BestPracticeDatabase.com to see the benefits of annual membership, which is available for a limited time for $4,000 for the entire database, and only $1,000 per subject area. Individual documents can be purchased online by non-subscribers. For more information or to sign up for membership, contact Keith Symmers at (919) 403-0251, extension 227 or ksymmers@best-in-class.com

For more information about Best Practices LLC, call 919-403-0251 or visit the corporate Web site at http://www.best-in-class.com