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A Knowledge Strategy

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1.4.2 Products and services<br />

• Market knowledge – knowledge of the characteristics, dynamics and needs of<br />

the target markets (as per the market segmentation model) is needed if the<br />

Bank is to identify market opportunities and design innovative products and<br />

services tailored to the needs of different segments of its market.<br />

• Technical knowledge for the design of products and services – includes<br />

technical knowledge for developing lending and financial instruments, assetbacked<br />

project finance, grant funding and technical assistance in different<br />

fields, knowledge and skills transfer and training, policy advice and advocacy,<br />

project design and management, and procurement, amongst others.<br />

1.4.3 Internal systems to support delivery<br />

• Product and service delivery – knowledge and internal systems for the design,<br />

delivery and operation of products and services. These include funding,<br />

marketing, project appraisal (including the operations cycle and modules),<br />

project selection, monitoring and evaluation, and the management of risk.<br />

These systems help to ensure that products and services are delivered<br />

effectively, meet market needs and are aligned with strategy and operating<br />

principles of the DBSA.<br />

• Design and operationalisation of the general support infrastructure –<br />

knowledge needed for establishing and maintaining the facilities and physical<br />

infrastructure of the DBSA.<br />

1.4.4 <strong>Knowledge</strong> resource management<br />

• Staff selection – targets and recruits staff with the appropriate skills necessary<br />

to create, apply and manage knowledge.<br />

• Skills transfer and development – designs and conducts training, including<br />

skills transfer and development programmes that augment the creation,<br />

application and management of knowledge.<br />

• <strong>Knowledge</strong> capture and archiving systems – designs, implements and operates<br />

systems to capture and archive knowledge, ensuring that it remains relevant to<br />

the functional activities of the DBSA.<br />

• <strong>Knowledge</strong> access and dissemination systems – designs and operates systems<br />

and processes to access and disseminate knowledge for the various functional<br />

activities of the Bank.<br />

1.5 Critical mechanisms of a knowledge management strategy<br />

Building and expanding its knowledge base is central to the DBSA achieving its<br />

objectives in the region and becoming a centre of excellence in development<br />

knowledge. To ensure efficiency and effectiveness, the knowledge management<br />

strategy is to be implemented in an incremental manner, beginning with the<br />

priority areas. Current initiatives planned and underway will be revisited to<br />

determine relevance. The strategy is based on several ‘pillars’.<br />

4 Development Bank of Southern Africa

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