It's always a tough job for service companies to hire and retain
qualified workers. For any professional services company, employees are the
chief assets. When an employee quits the company, it amounts to a major loss
for the company. This loss is in terms of immeasurable expertise and knowledge
draining out with an exiting employee. Moreover, it has a negative impact on
the quality of service the company provides to its customers.
Ketchum, one of the world's leading public relations agencies with a global
client base, too went through this bitter experience. A few years ago, this New
York City-based company was struggling hard to retain experienced employees and
institutional knowledge. However, instead of getting bogged down by the crisis,
the company turned to Knowledge Management (KM) to minimize the loss caused by
increased employee turnover.
Ketchum launched an intranet portal, myKGN that served as a
knowledge-sharing environment for 1,300 employees spread across its offices in
USA, UK and Germany. This KM system indexed and stored all the important
document files of Ketchum. It had all the employee information like expertise,
clients and projects handled. It also stored a client list with the details of
work done for each of them. Such facilities are common to any usable KM
solution. What distinguished myKGN from the then prevalent KM solutions was its
emphasis on the employee self-service concept. Thus, Ketchum's KM system made
knowledge sharing part of everyone's responsibility.
Ketchum decided not to form an exclusive KM team for updating myKGN knowledge
base. Instead, the KM system required each employee to sort out files, uplink
them and fill in various relevant information. The system, therefore, was
introduced to the employees by communicating its benefits and demonstrating how
it could be used. A whole week was thereafter set apart for the employees to
populate the KM system. However, the KM initiative did not stop here.
After the initial work, the employees were expected to continually update the
information. Getting employees to adopt the new KM system in their daily work
was not easy. Adopting the KM system required a culture change and hence had to
be backed by proper motivators. Ketchum, therefore, made the participation and
contribution of employees in knowledge sharing an important criterion of their
performance evaluation. This made the KM initiative an ongoing process,
accommodating future expansions and modifications to the knowledge base.
This KM initiative, since its inception, has consistently yielded award-winning
returns. The company was able to conduct an array of impressive global
campaigns in 2002 despite several socio-economic challenges. As a result,
Ketchum received the PRWeek's Agency of the Year (2002) award, one of
the industry's highest achievements. Moreover, Ketchum has become the proud
owner of the largest number of Silver Anvils awarded by the Public Relations
Society of America. Above all, a company, once struggling with high attrition,
now regularly features in The Holmes Report as the number-one PR agency to work
for and the most sought-after destination for PR professionals leaving their
current firm.
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