Knowledge Asset Management: Know-Net and Beyond

Most organizations implementing knowledge management are thrilled by the numerous opportunities it offers and the International Islamic University Malaysia (IIUM) library is not left behind in the innovative shift. Even though knowledge management practice is demanded in information society, it does not exist as a full-fledged solution in most organizations yet. The reality in IIUM library is that it already employs certain elements of knowledge management through the use of IT to support various activities from administrative jobs to user education. Among the IT support system used include: the staff intranet and email to share and exchange information, library database to capture and store data and the digital library facilities to serve the diverse interest of its numerous customers. These imply that the strategies employed by IIUM library include: intellectual asset management strategy, personal knowledge asset responsibility strategy and mostly customer-focused knowledge strategy.The purpose of this study lies in its concern for whether the elements of knowledge management involved in the administration of IIUM library is achieving the goals of knowledge management and whether the staff and customers of IIUM library are maximizing the benefits of knowledge management in information societies.

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Knowledge Asset Management

10.1007/978-1-4471-0069-0 ◽

2003 ◽

Cited By ~ 14

Author(s):

Gregoris Mentzas ◽

Dimitris Apostolou ◽

Andreas Abecker ◽

Ron Young

Keyword(s):

Asset Management ◽

Knowledge Asset

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Focus: Asset management

Power Engineering Journal ◽

10.1049/pe:20050215 ◽

2005 ◽

Vol 19 (2) ◽

pp. 10

Keyword(s):

Asset Management

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Asset Inspection Management System as a Reliable Inspection/ Monitoring Tool

Materials Evaluation ◽

10.32548/2020.me-04125 ◽

2020 ◽

Vol 78 (12) ◽

pp. 1276-1285

Author(s):

Shibu John A

Keyword(s):

Asset Management ◽

Management System ◽

Balance Sheet ◽

Integrity Assessment ◽

Material Evaluation ◽

The People ◽

Physical Assets ◽

Asset Management System ◽

On Time Delivery ◽

Capital Intensive

Enterprise asset management (EAM) systems are used by asset owners and/or operators to manage the maintenance of their physical assets. These assets, including equipment, facilities, vehicles, and infrastructure, need maintenance to sustain their operations. An EAM system provides the means to have less unplanned downtime and extended asset longevity, which offers clear business benefits that improve the profit and loss statement and balance sheet. Particularly for capital-intensive industries, like drilling and exploration, the failure of on-time delivery of critical equipment or processes is disruptive and costs nonproductive time and customer satisfaction. Organizations understand these issues and employ an appropriate asset management system to engineer their asset maintenance and management. An EAM system is needed to manage the people, assets/equipment, and processes. EAMs are used to plan, optimize, execute, and track the needed maintenance activities with associated priorities, skills, materials, tools, and information. Similarly, nondestructive testing (NDT) is used as a tool for integrity assessment of assets in drilling and exploration. The main advantage of using NDT is that the item’s intended use or serviceability is not affected. The selection of a specific technique should be based on knowledge and skills that include design, material processing, and material evaluation. Validating the purpose of this paper, we emphasize the importance of optimizing the asset utilization and serviceability to enhance overall efficiency by integrating EAM software that manages assets, the operation management system (OMS) controlling the processes, and asset inspection management systems (AIMSs).

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