Knowledge Management Strategies for Mitigating the Big Crew - Wipro
Knowledge Management Strategies for Mitigating the Big Crew - Wipro
Knowledge Management Strategies for Mitigating the Big Crew - Wipro
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<strong>Knowledge</strong> <strong>Management</strong> <strong>Strategies</strong> <strong>for</strong> mitigating <strong>the</strong> <strong>Big</strong> <strong>Crew</strong> Change in E&P<br />
On-duty and COE personnel will have incentives to contribute <strong>the</strong>ir knowledge to <strong>the</strong> system through a compensation model<br />
based on <strong>the</strong> value of contributions. Value would be determined by <strong>the</strong>ir peers as <strong>the</strong> in<strong>for</strong>mation was consumed to address<br />
business problems. The knowledge management system would track how often <strong>the</strong> in<strong>for</strong>mation was accessed and <strong>the</strong><br />
consumers would provide feedback about <strong>the</strong> end result. A point system would be used to show impact and a dashboard would<br />
allow each employee or an employee’s manager to monitor results. The organization could provide bonuses based on<br />
per<strong>for</strong>mance, allow points to be used to make purchases from a company store or used in <strong>the</strong> evaluation process when<br />
considering promotions or increases in annual compensation.<br />
Off-duty employees, vendors, partners, and alumni consultants would access systems through an extranet site. Off-duty and<br />
alumni consultants would participate through a knowledge market while partners and vendors would use a scaled down version<br />
of <strong>the</strong> internal site.<br />
Getting off-duty and retired alumni association employees to participate will require an incentive program. The knowledge<br />
market allows stakeholders to flexibly volunteer <strong>the</strong>ir time in exchange <strong>for</strong> financial compensation. Each participant signs up <strong>for</strong><br />
<strong>the</strong> program and provides a profile. Off-duty employees will have <strong>the</strong>ir profile uploaded from <strong>the</strong> internal system and fill in<br />
additional in<strong>for</strong>mation about <strong>the</strong> times <strong>the</strong>y are available and <strong>the</strong> rates <strong>the</strong>y would expect.<br />
Retired employees would join an alumni association prior to signing up as consultants. The consultants would sign non-<br />
disclosure agreements. They would receive background checks and be required to comply with security policies. They would also<br />
fill out a complete profile with <strong>the</strong>ir work history, certifications, expertise with specific processes and equipment, availability and<br />
consulting rate. There would be an evaluation system that tracks <strong>the</strong> quality of <strong>the</strong>ir work over time.<br />
Depending on company policies and available talent, <strong>the</strong> alumni association would be local to <strong>the</strong> company or could include<br />
retirees from similar firms. Existing services like “Expert Alumni” could also be integrated into <strong>the</strong> solution. Expert Alumni13 is a<br />
service that provides retirees to <strong>the</strong> oil and gas industry as consultants. It is sponsored by <strong>the</strong> Society of Petroleum Engineers<br />
and was specifically designed to help organizations deal with <strong>the</strong>ir staffing and knowledge transfer issues during <strong>the</strong> <strong>Big</strong> <strong>Crew</strong><br />
Change.<br />
Security <strong>for</strong> <strong>the</strong> knowledge market would be set by <strong>the</strong> company. In all likelihood, <strong>the</strong> company would enact a “need to know”<br />
policy. The individual purchasing <strong>the</strong> consulting would be responsible <strong>for</strong> granting access to specific company resources. The<br />
knowledge management system would track usage and provide an audit trail back to <strong>the</strong> purchaser. Upon completion of <strong>the</strong><br />
engagement, <strong>the</strong> project would be closed and access to resources would be automatically revoked.<br />
Off-duty and alumni association personnel would be given incentives to contribute to <strong>the</strong> knowledge base in <strong>the</strong> same way as<br />
on-duty employees, with <strong>the</strong> exception of having <strong>the</strong>ir submissions reviewed by a review board. The review board would<br />
evaluate <strong>the</strong> in<strong>for</strong>mation <strong>for</strong> quality and ensure <strong>the</strong>re was no duplication with existing works. Once accepted, <strong>the</strong> system would<br />
be uploaded into <strong>the</strong> primary system.<br />
For employees participating in <strong>the</strong> knowledge market, a local account would be maintained through<strong>the</strong> extranet site. A Paypal-<br />
like system would be used to transfer funds from <strong>the</strong> market to <strong>the</strong> bank account.<br />
9 | www.wipro.com/industryresearch<br />
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