AM-05-51 Operations Knowledge to Action

Description:

This paper provides an understanding of how the three vectors, People, Processes & Technology, were applied to leverage knowledge in a global and multi-cultural organisation following major changes. Managing knowledge is fundamental to BP’s business success especially as they complete a series of mergers and acquisitions with, Amoco, Arco, Burmah Castrol, Erdolchemie, Vastar & Veba. That’s a total of $120bn worth of transactions in just over 36 months. Those transactions have created a new company - a ‘Supermajor’. The process of integration continues – not just creating a single organisation but also integrating skills, the people and the technology – the knowledge base and the know how. For BP nowadays it is about leveraging its scope and scale to deliver a world-class organisation, therefore if it can capture, share and transfer good practice across the span of its activities then there is indeed a great prize to be won.