Study of Corporative Knowledge Administration in the System of Business Continuity Management

Abstract

In modern conditions of the economic formation there is a necessity of transforming the intellectual knowledge to the corporative knowledgea system of accumulation and transmission of technological, production, organizational, functional, business and other information with the aim of the company's development and upgrading. The introduction of business continuity principles may be directed on raising the efficiency of the organization's activity and attracting new consumers. Versatile company's upgrading of business processes and elimination of weak points (risks) leads to financial advantages, time and resources reduction. The realization of management on the basis of business continuity principles needs to determine the most important, key indices of the processes, to fix action algorithms, dates and executives responsible for the implementation of definite arrangements. It is required to analyze the statistical data of the process functioning, probability of risks emergence and their after-effect weights and develop a plan to reduce possible negative impacts. Such is the process of constant upgrading of business processes with the use of methods and principles of risks management, on the example of the process "Ideas and offers management". The suggested solution will enable to effectively implement and upgrade the business process "Ideas and offers management" of organizations of different sizes and kinds of activities. The practical value of the suggested methodology is in the fact that application of risks management methods in the process of "Ideas and offers management" will make it possible to realize the up grading of the corporative culture, will motivate the executives to exchange opinions and knowledge, which will enlarge the framework of simple information structuring and facilitate the access to it for persons concerned.