Knowledge-Driven Profit Improvement: Implementing Assessment Feedback Using PDKAction Theory, 1st Edition (Paperback) book cover

Knowledge-Driven Profit Improvement

Implementing Assessment Feedback Using PDKAction Theory, 1st Edition

By Monte Lee Matthews

CRC Press

392 pages

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Paperback: 9781574442298
pub: 1999-08-23
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Description

This book presents an innovative and radically logical way of thinking about organizational knowledge and competition that centers on discipline, integration and focus. By tapping into the previously unrealized strengths that lie in all companies, the author suggests that it is possible for companies to move beyond informational chaos to create focused and enticing new opportunities.

The 12 step method presented in the first five chapters show you how to take information from feedback from assessments, surveys and audits, convert it into usable knowledge and get bottom line improvements. The strategy expands the plan-do-check-act (PDCA) model into a Plan-Do-Knowledge-Act (PDKA) process. The case studies provided reinforce the principles and the theory behind them.

Significant challenges face any organization intent on becoming world-class by managing knowledge effectively. They can be classified into four types: making use of your information by integrating it, organizing the different forms of information into a manageable framework, focusing equal attention on your strengths and your weaknesses, developing decision-making criteria based on key company drivers.

The12 steps outlined in Knowledge-Driven Profit Improvement: Implementing Assessment Feedback Using PDKAction Theory will show you how to make your company into a world-class organization.

Features

  • Assists companies in becoming more competitive

  • Serves as a guide for companies to use when taking their feedback from assessments, surveys, and audits, then integrating the feedback, and prioritizing it so that financial and operational improvements can be made

  • Allows companies to use the information they have been accruing for years

  • Helps companies establish better business priorities for the purpose of better planning

  • Demonstrates the significance of improvements made by using the information gained from assessments

    Contents

    Preface

    The Logic and Philosophy Behind the PDKA Model

    Turning Knowledge into a Corporate Asset

    The Importance of Bottom-Line Results

    Using PDKA to Implement Assessment Opportunities

    How World-Class Companies Demonstrate the Principles of the PDKA Process

    How Three Quality Award Programs Implement Principles of PDKA - The President of the United States Quality Award, the United Way's Excellence in Service Quality Award, and the Northern Ireland Quality Award

    How Three World-Class Private Manufacturing Companies Implement Principles of PDKA - Milliken Denmark, Pal's Sudden Service, and Ulster Carpet Mills

    How Two World-Class Private Service Companies Implement Principles of PDKA - BI Performance Services and British Telecom Northern Ireland

    How Two World-Class Service Organizations Implement Principles of PDKA - Royal Mail and the United Way of Middle Tennessee

    How Three World-Class Government Service Organizations Implement Principles of PDKA - Federal Supply Service Northeast and Caribbean Region, Tennessee Valley Authority's Fossil & Hydro Power, and National Aeronautics and Space Administration's Kennedy Space Center

    How Two World-Class Military Service Organizations Implement Principles of PDKA - Red River Army Depot and U.S. Army Armament Research, Development and Engineering Center, Picatinny Arsenal

    References

    Index

  • Reviews

    "Knowledge Driven Profit Improvement is a welcome addition to the improvement toolkit of business practitioners."-David Walden,

    Executive Director Center for Quality of Management (retired Senior Vice President, Bolt Beranek and Newman Inc.; Senior Lecturer, MIT Sloan School of Business; co-author A New American TQM; retired Executive Director, CQM; Editor, Journal of the Center for Quality of Management ).

    "The Plan-Do-Knowledge-Act model creates a new paradigm that is effective and efficient in building knowledge and adding value to both company and individual. It provides the guidance, discipline and focus to move your organization toward its true competitive potential."-Bob Barbour, Director and Chief Executive, Northern Ireland Quality Center

    "Matthews' knowledge-based improvement plan offers a proactive, common sense approach to leverage the new insights gleaned from the assessment itself…"-William C. Phillips, Former Senior Director, Quality, United Way of America

    "The President's Quality Award Program winners used the Knowledge to Plan, Do and Act. The results were impressive!"-Barbara Smith, Manager, The President's Quality Award Program, United States Office of Personnel Management

    "The only way for our organizations to improve is to deploy feedback into actions - appropriate actions which move our business into the competitive future…the difference between mediocre and excellent organizations is the ability to analyze and integrate knowledge into action."-Marie B. Williams, Executive Director, Tennessee Quality Award

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    Table of Contents

    Preface

    Introduction: The Logic and the Philosophy Behind the PDKA Model

    The Process of "How to Implement Assessment Opportunities"

    Turning Knowledge into a Corporate Asset

    The Importance of the Bottom Line Results

    How to Implement Assessment Opportunites

    How Two National Awards Programs are Integrating PDKA Logic into their Assessment Process

    United Way of America (Excellence in Service Quality Award)

    Business Incentives (Minnesota Quality Award Winner)

    Texas Instruments (MBNQA Winner)

    Tennessee Eastman (MBNQA Winner)

    TARDEC (Presidential Award Winner)

    Disney (Winner of Children's Hearts)

    FP&L/AT&T (Deming Prize Winner)

    Conclusion

    Subject Categories

    BISAC Subject Codes/Headings:
    BUS027000
    BUSINESS & ECONOMICS / Finance
    BUS053000
    BUSINESS & ECONOMICS / Quality Control
    TEC032000
    TECHNOLOGY & ENGINEERING / Quality Control