A Knowledge Strategy
A Knowledge Strategy
A Knowledge Strategy
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A revised business plan has been formulated in recognition of this incorporating<br />
specific knowledge management projects into business plans of the responsible<br />
functional units within the Bank for the forthcoming cycle. Priority is given to the<br />
development and delivery of knowledge products and services that are more<br />
tangible - the knowledge portal and the Training Institute. A concurrent emphasis<br />
on laying the organisational foundations ensures delivery of knowledge products<br />
and services and achieves the synergy referred to above.<br />
2.5.1 Target market<br />
Provincial government and local authorities are the obvious primary target market<br />
and constitute a major share of the Bank’s existing client base. A strong need for<br />
capacity-building exists within provincial and local government and in the short to<br />
medium-term the initial target market segments will be these two tiers of government.<br />
Services to our clients in government will be augmented electronically through the<br />
creation of the Bank’s development knowledge portal. The omniscient nature of the<br />
internet will, however, afford the Bank the added advantage that users from all over<br />
the globe will have access.<br />
In complementing this aspect of the strategy, DBSA will establish both local<br />
and global knowledge and capacity-building partners and networks to strengthen<br />
the entry strategy and to lay the foundations for the growth strategy.<br />
2.5.2 Growth strategy<br />
The growth strategy focuses on the geographic expansion of target markets, the<br />
development of niche markets and broadening the range of knowledge products<br />
and services. In the medium to long-term the target market will extend to include<br />
the entire SADC region.<br />
2.6 A knowledge management system institutionalised<br />
2.6.1 Business plans<br />
A task team under the direction of the Project Manager, <strong>Knowledge</strong> Management, was<br />
established to compile a business plan for the implementation of the knowledge<br />
management strategy to be approved by a knowledge strategy committee. The<br />
business plan makes strong links to national and African human development strategies<br />
and to the implementation plans of internal operations-related programmes, such as<br />
the Local Government Resource Centre (LGRC) and the Value Innovation Programme<br />
(VIP). The business plan is guided by the knowledge management vision, the Bank’s<br />
marketing strategy and the knowledge management opportunity assessment.<br />
A knowledge management opportunity statement has been formulated and is<br />
the outcome of several collaborative workshops held recently. Their purpose was<br />
to identify the market opportunities for development knowledge, and the<br />
approaches that the DBSA, and its partners, can realistically take to satisfy the<br />
market demands and gaps.<br />
The business planning process has further been informed by the experiences and<br />
lessons learnt in the implementation of World Bank’s knowledge management<br />
initiative.<br />
14 Development Bank of Southern Africa