MinK: An Integrated Individual Knowledge Assessment Framework
How Organisations Can Know Their Knowers
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In today's knowledge economy, success of organisations depends on their ability to develop resilient knowledge management strategies to leverage and exploit knowledge assets and achieve competitive advantage. However, knowledge is intrinsically linked to individuals and their exclusive abilities to create, share, and apply knowledge creating value for companies. As once said, "If you can't measure it, you can't manage it," this book introduces MinK, a new framework for assessment of individual knowledge in organisational settings. The model measures individual knowledge using a theoretically-grounded and industry-validated multi-dimensional scorecard. Integrating the 360-degree approach, multi-criteria decision analysis, and advanced computational technology, a resultant Individual Knowledge Index denotes the overall knowledge of each individual in a single reflective figure. The book offers managers a useful and comprehensive assessment platform which empowers them to make effective decisions in planning, allocating, and retaining their human capital. It also explores the underlying elements of individual knowledge theory providing a conceptual foundation for further research.