Satyam Computer Services Ltd on October 18, 2006 has announced that it is among the winners of Asia's Most Admired Knowledge Enterprise Awards. The MAKE Awards are given to leading Asian organizations that leading enterprise knowledge to create value through innovation, product or service excellence, and operational effectiveness. Another chief consideration is a Company’s ability to transform enterprise knowledge into stakeholder value.
The Company has a dedicated Knowledge Management team that continuously inventories the organization's knowledge, upgrades that Information, and disseminates it across the enterprise. The team helps the Company's professionals develop and maintain the capabilities and know-how to thrive in a rapidly changing business environment.
"Receiving the prestigious MAKE Award reinforces the emphasis Satyam places on Knowledge Management from a business strategy perspective," said Ramalinga Raju, Company's founder and chairman, "Data, In today’s technology-rich business environment, is pervasive. The challenge lies in distilling it into useful, actionable information-a strategic asset. At Satyam, we have embarked on numerous initiatives to facilitate knowledge creation and sharing. We consider Knowledge Management the ability to combine human ingenuity with the power of technology to empower and encourage innovation."
The MAKE study is conducted by Teleos and the KNOW Network, organizations that specialize in disseminating global knowledge best practices on intellectual capital, innovation, communities of interest, and the learning organization. A panel of Asian Fortune 500 senior executives and internationally recognized knowledge management experts selected 16 winners from among 69 candidate organizations. Panelists rated Companies founded and headquartered in Asia on eight knowledge-performance dimensions that foster competitive advantage and intellectual capital growth. The Company has been rated very high on the first two parameters.
The criteria include an organization's ability to:
- Transform enterprise knowledge into shareholder value
- Deliver knowledge-based products/solutions
- Create a knowledge-driven culture
- Develop knowledge workers through senior management leadership
- Maximize enterprise intellectual capital
- Create an environment for collaborative knowledge sharing
- Create a learning organization
- Deliver value based on customer knowledge.