Release 

Comments 

Release 1

This version first released with BSB Business Services Training Package Version 1.0.

ELEMENT 

PERFORMANCE CRITERIA 

Elements describe the essential outcomes.

Performance criteria describe the performance needed to demonstrate achievement of the element.

1. Analyse existing knowledge management systems

1.1 Evaluate existing arrangements for the capture and use of business knowledge from internal and external sources

1.2 Differentiate between knowledge management and information management systems within the organisation

1.3 Ensure the effectiveness of existing procedures and systems is evaluated in terms of meeting the needs of clients, organisational aims, objectives and standards

1.4 Identify the need for improvements in the organisation's strategic use of knowledge

2. Evaluate knowledge management options

2.1 Investigate barriers to capturing knowledge within the organisation

2.2 Review evaluations and recommendations regarding knowledge management software with respect to its usefulness and likeliness to benefit the organisation

2.3 Review investigations into incentives and reward systems to support knowledge management

2.4 Ensure that the required processes for maintaining an integrated knowledge management system are considered

2.5 Facilitate development of a business case to determine the viability of selected options and recommend a way forward for the organisation

3. Develop a knowledge-management strategy

3.1 Develop the knowledge management business strategy in consultation with senior staff for the capture and use of organisational knowledge

3.2 Ensure that business processes are designed to support knowledge management according to organisational needs and budget

3.3 Ensure that technology requirements for implementation of the strategy are costed and included in the organisational budget cycle

3.4 Ensure that the processes for the periodic review of knowledge management metrics within the business are in place to maintain ongoing effectiveness and continuous improvement

3.5 Ensure that the knowledge management strategy meets organisational requirements identified in its overall business plan and business strategy

Skill 

Performance Criteria 

Description 

Reading

1.1, 1.2, 2.1, 2.2, 2.3

• Sources, evaluates and critiques ideas and information from a range of complex texts
• Analyses organisational information using appropriate benchmarks to establish understanding

Writing

3.1

• Researches, plans and prepares strategic business plans for relevant stakeholders incorporating appropriate vocabulary, grammatical structure and conventions

Oral Communication

2.1, 3.1

• Uses specialised vocabulary appropriate to context to discuss information and gather opinions, adjusting language and features to suit the audience

Numeracy

2.5, 3.2, 3.3

• Selects and uses familiar mathematical techniques to determine costs associated with strategic decisions

Interact with others

2.1, 3.1

• Collaborates with others to achieve joint outcomes, playing a lead role in facilitating effective interaction and influencing direction

Get the work done

1.1, 1.3, 1.4, 2.1 -2.5, 3.1-3.3

• Systematically gathers and analyses all relevant information, reviews data and evaluates options in order to inform decisions about complex organisational strategies
• Accepts responsibility for planning and sequencing complex tasks and workload
• Negotiates agreed outcomes and required indicators and routinely monitors and reports on them to identify opportunities for improvement

Code and title 

current version 

Code and title 

previous version 

Comments 

Equivalence status 

BSBMGT801 Direct the development of a knowledge management strategy for a business

Not applicable

New unit

No equivalent unit

Release 

Comments 

Release 1

This version first released with BSB Business Services Training Package Version 1.0.