A - Z of Knowledge Management
Knowledge Management is one of the biggest buzz words to hit management practice in Singapore since the ISO 9001 bandwagon started four or five years ago. If, as a Training or HR Manager, you are hoping it will pass you by, you are sorely mistaken. The Singapore government is deeply committed to investing in the human capital of Singapore, and the concept of the “knowledge based economy” is almost a national mantra. Just do some sums: if the Productivity and Standards Board and the Skills Development Fund are committed to supporting half the workforce (approximately 1.2 million people) on the national Critical Enabling Skills Training (CREST) programme by the year 2003, at a maximum of $320 per person for each of seven modules, that is a commitment worth S$1.4 billion over 4 years.