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[3 Objectives / 2 Pages]

In
a dynamic, constantly-changing insurance market, staying
market-responsive was critical for Samsung Life Insurance.
A front-line user-driven, activity-monitored electronic 'knowledge'
database, the Knowledge Management System (KMS), was
developed at the CEO's request. And they went ahead and
measured its added-value.
'The
main reason Samsung Life Insurance (SLI) supports the KMS is to
keep the sales managers equipped with state-of-the-art learning
content through a just-in-time system. This speed of delivery
and knowledge exchange is critical for the insurance industry.'
Sales
managers and representatives across 7 business units, 99 branches
and 1,439 regional branches were rewarded for the level of use they
had with the KMS along two parameters. The first parameter was known
as 'knowledge inflow' - how many times they accessed the
KMS to find information and flow it to their brain. The second parameter,
'knowledge outflow',was how many times they contributed to
the KMS through original knowledge documents. SLI's Knowledge Mileage
Program was born from these parameters : Each log-in for information
accrued 10 points to the user; and each knowledge outflow, original
knowledge documents registered with KMS, accrued 200 points to the
user. Users after a defined period could hand over their accrued
points for cash or for overseas training. Thus SLI was able to monitor
every individual's KMS activity.
18
months of monitoring till August 2001 produced the following activity
graphs for both knowledge inflow and knowledge outflow

As
can be seen from the graphs : (i) KMS was welcomed by many users,
showing monthly knowledge inflow (hits) averaging around 3,000 eventually;
(ii) knowledge outflow was far less engaging and greatly episodic
in activity, peaking in the defined months where staff could redeem
their accrued points for the stated incentives.
But
does better KMS usage lead to better performance ?
Next...
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