APT Starts a Three Year Plan to Implement Knowledge Management Internally within the Company

    DUBAI, UAE, October 12, 2015 /24-7PressRelease/ -- Advanced Polymer Trading FZC (APT), an international trading company specialising in the world wide trade of rubber and plastics, is pleased to announce that it has started a new three year plan to implement the Most Admired Knowledge Enterprises (MAKE) model as part of its move towards knowledge management.

Knowledge management is the process of capturing and sharing organizational knowledge with the aim of achieving organizational objectives by the correct use of knowledge assets. The resulting focus on organisational objectives such as improved performance and the sharing of lessons learned, leads to continuous improvements to an organisation, and substantial cost savings.

As part of the plan to implement MAKE, APT will implement the eight knowledge performance dimensions which form the MAKE framework:

1) Create a Knowledge-Driven Organizational Culture
2) Developing Knowledge Workers through Leadership
3) Knowledge-Based Innovation
4) Managing Intellectual Capital
5) Collaborative Knowledge Sharing
6) Organizational Learning
7) Creating Value from Customer Knowledge
8) Value Creation Performance

"There are economic and competitive advantages available to APT by pursuing a business strategy based on knowledge leadership." said Mr. Hamid Amiri, APT's Managing Director. "Many of the world's largest corporations have found that the benefits of this approach are tangible and significant. Under our new plan we expect to see the benefits in performance and knowledge sharing within three years, probably much sooner."

One of the major benefits of knowledge management is that information is easily and freely shared between staff members. As a result, knowledge isn't lost if someone goes on vacation, gets sick, or leaves the company. When knowledge assets are maintained new people are easily brought up to speed, learned lessons are shared, and knowledge is never lost.

The reason that knowledge management helps save money and helps improve performance is because lost knowledge costs time and money to re-acquire and redistribute throughout an organization. The persistence of knowledge implies savings across the an entire company.

About Advanced Polymer Trading
Advanced Polymer Trading FZC (APT) is an international trading company in plastic, rubber and chemicals serving a diverse range of industries including the automotive industry, packaging industry, construction, road and building material sectors, paint, resin and adhesive industries, pipe, medical, agriculture and the shoe & leather industries.

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