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Title: Business systems for knowledge management in the NGL industry

Conference ·
OSTI ID:20000892

Effective knowledge management involves a complex blend of culture, structure, process and technology. Traditional organization structures, processes and systems cannot deal with the new volume and velocity of information. Separate functional departments such as marketing, operations, logistics and accounting typically have separate functional systems or modules. These separate structures and systems create islands of information and barriers to effective knowledge management. New cross-functional structures, processes and systems offer a fundamentally different approach. Cross-functional systems support marketing, operations, logistics and accounting activities from a single, shared data repository. Unlike separate systems, or even integrated modular systems, each data element is stored once and only once. All information is available to the entire organization in near real time as soon as it is captured. These types of systems can support various organizational structures and processes, including cross-functional teams. Change is not easy, but organizations that act on this opportunity early will gain a significant competitive advantage. Those that do not change quickly enough are unlikely to survive.

Research Organization:
OmniVision Management Systems, Calgary, Alberta (CA)
OSTI ID:
20000892
Report Number(s):
CONF-990331-; TRN: US0000130
Resource Relation:
Conference: Gas Processors Association Seventy-Eighth Annual Convention, Nashville, TN (US), 03/01/1999--03/03/1999; Other Information: PBD: 1999; Related Information: In: Gas Processors Association seventy-eighth annual convention, proceedings, 393 pages.
Country of Publication:
United States
Language:
English