"It is global," says Valot. "It is where key content and direction has to be well-defined. Intentional procedures are serious to success with electrical supporting implements backing every procedure. Persons will share that they used a guidance note or technical practice and obtained results which varied from what they estimated. They agree and share what they educated and what they will suggest to coming teams based on their knowledge.".
BP PROFILE.
Business:.
Headquarters:.
Employees:.
Energy (chemicals, retailing, refining, exploration).
UK, London.
In over 100 countries 108,000 .
BP Group's business activities are organized into four main areas-upstream, downstream, chemicals, and gas and power - together comprising more than 150 autonomous business units. During the late 1990s, BP pursued highly successful merger-and-acquisition activities and is now combined with Amoco, Burma, Castrol and ARCO. In recent times BP has attempted to develop a business out of alternative and renewable energy – with a particular focus on solar energy. Its corporate branding emphasizes four core characteristics: progressive, green, innovative and performance.
Overview.
BP has been a regular winner of the international Most Admired Knowledge Enterprise (MAKE) prize. For isolated sector companies, the MAKE award board members consider the achievement of work of the nominee in: .
developing an initiative knowledge motivated culture;.
creating knowledge staffs through top management leadership;.
providing knowledge-based solutions/services/products;.
maximizing initiative knowledgeable capital;.
developing an environment for cooperative knowledge allocation;.
developing a learning association;.
developing value based on client knowledge; and.
converting organizational knowledge into stakeholder/shareholder wealth.
Benefits.
The commercial benefits of applying a regular method to knowledge management have been important. BP business executives recognized 100 of millions of dollars added value as a straight result of expending this method.