This website covers topics on knowledge management, personal effectiveness, theory of constraints, amongst other topics. Opinions expressed here are strictly those of the owner, Jack Vinson, and those of the commenters.

BHP Billiton record profits, thanks to communities

Shawn Callahan at Anecdote mentions that Chip Goodyear says $8.5B profit partly due to communities of practice efforts

OK, so Chip didn't say that exactly. I heard part of Chip's speech (on ABC radio) to the market announcing their record profit and he said their success came on the back of "efficiencies gained by sharing knowledge" across the company. I know BHP Billiton has a significant communities of practice program which forms the foundation of their Operational Excellence Division. It's this division which is responsible for helping people share what they know. They are world leaders in the adoption of communities of practice approaches and this comment pays significant recognition to their good work.

Good news for communities and knowledge management.

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