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Knowledge Management – Why is it critical for organisations?

Recently, Knowledge Management experts have emphasised that even small to medium-sized enterprises (SMEs) without a proper strategy to enable streamlined information flow between business units, to and from the right people at the right time, will likely suffer the consequences of decreased productivity and effectiveness of business operations.

Knowledge Management (KM) is nothing new - organisations have always known of its importance, but how should they go about achieving these goals to ensure they maximise the value it can create for the organisation? 

A timely break for disability service providers

NDIS asks providers to hold off registering until after July 1.

The long-cherished aspiration to have consistent quality in service standards Australia-wide in the disability sector, will soon start to become a reality.

The NDIS is hoping to provide a smooth transition for service-providers when its new Quality and Safeguards Commission (NDIS Commission) rolls out in NSW and SA after July 1.

For this reason it is encouraging caution.

Improve performance, simulate the future and effect change with Process Mining and Holocentric BMS

 Process mining” is Gartners latest hot topic. Let’s discuss just how important this is and how it relates to a Business Management System (BMS) like ours and what is the ongoing value?

Process mining explores enterprise applications and traces the progress of transactions. It builds a picture of actual processes by following transactions through various paths. Unlike a consultant’s theoretical view, process mining works with actual data to determine the paths that transactions take

Benefits of Optimizing Your Business Processes

A key focus of many organisations is the ability to optimize their current business processes. Business processes are the foundation to running a business or organisation effectively, however over time business operating procedures and processes can become inefficient, wasting time and resources. According to market research firm IDC, this can cost businesses 20 to 30 percent of their yearly revenue and also lead to internal dissatisfaction and missed opportunities for growth. To ensure businesses continue to grow and operate effectively, it is important for companies to regularly revaluate and update their business processes.

Why Usage Data is Important For Change Management

Usage data is one of the most effective ways of evaluating the relevancy and value of a system. By knowing what users are viewing or not viewing, organizations are able to understand what is of value to their users and effectively manage when change needs to be communicated. Effective change management requires the use of data but few companies are transforming their data into insights to understand the needs and interests of their users.

Social Engineering – Why Your Company is at Risk

With the rapid emergence of new IoT devices and cryptocurrencies comes with it a plethora of new security vulnerabilities for social engineers to exploit and work their way into an organization’s sensitive data. But the real question is – what is a social engineer?

You have probably heard the phrase “humans are the weakest link” being tossed around within the cybersecurity sphere. But what does this really mean, particularly within the context of social engineering? Well, what if I told you human psychology could be leveraged to steal an organisation’s sensitive data?

Managing Digital Transformation in the Healthcare Industry

As the world becomes more digitalised, it is only likely that companies will follow suit to satisfy consumer expectations. For the healthcare industry, big data, advanced analytics, sensor-enabled devices, and 3-D printing are all technologies that have the ability to impact the way healthcare companies develop products and provide services.

According to research by McKinsey & Company, the healthcare industry falls far behind in their digitisation efforts. Therefore, to meet the rising customer expectations, healthcare companies are integrating the latest technologies into existing business models and IT architectures to improve services. As well as this, with more new, non-traditional entrants making their way into the industry, it is important for healthcare companies to increase their digitisation efforts to compete.

The Year of the Digital Twin

I run the risk of the over-use of the word digital which seems to be the topic of much research and marketing spin, and yet is prevalent in the strategy of most organisations. Whether this is digital transformation or digital disruption, technology is affecting most industries on a scale never seen before.

Change is big. At Holocentric, we aim to help you undertake change more effectively and at lower risk. 2018 will see the introduction to a new range of solutions that move further into the operating space, commencing with the implementation of change initiatives. We are accustomed to understanding complexity and will continue to offer solutions that aim to reduce complexity and deal with the many details that change initiatives entail.

BMS 3.2.0 Now Released

Our team at Holocentric is excited to announce the new release of our long-awaited BMS 3.2.0. The new BMS 3.2.0 release has introduced various new features that will help organisations be more efficient and productive. These include a redesign of the authentication for Azure Active Directory (Azure AD) users allowing clients to seamlessly authenticate users within their organisation using Azure AD in BMS.

An Integrated Approach to Compliance in the Airline Industry

Safety authorities around the world have adapted the self-regulated approach to surveillance of the industry, encouraging airlines to take responsibility for their own safety management systems (SMS) while also ensuring compliance to relevant regulations.

Managing safety is not a small feat for an industry with such a deep level of complexity, both on human and operational levels. Being able to define and execute Standard Operating Procedures (SOPs) in a manner that is compliant with regulation is business critical, but it can also drive efficiency. But to do so, airlines must adopt an integrated approach whereby legislation and regulations are managed in the context of flight and Maintenance Repair and Overhaul (MRO) operations.

Read more about the 6 steps needed for build an integrated approach to compliance in the Airline Industry