European Most Admired Knowledge Enterprises honored

Nokia, Skandia, Siemens, BP Amoco and Celemi have been honored as Most Admired Knowledge Enterprises, having shaped their organizations into knowledge-based cultures resulting in superior business performance.

Sponsored by Teleos and the KNOW Network, the 1999 European Most Admired Knowledge Enterprises (MAKE) awards recognize companies for their successes in establishing knowledge-based cultures and translating those cultures into business value. Over 230 leading knowledge management practitioners and CKOs selected the winners based on eight performance criteria, including achieving management support, maximizing intellectual assets and best practices, promotion of customer value and loyalty, and transformation of knowledge into shareholder value.

Nokia, which took home top honors, was credited with an "emphasis on tacit knowledge, creativity networking and rewards for knowledge sharing form." Skandia's excellence in using intellectual capital to generate shareholder value propelled the company to a second place finish.

With its system for measuring its intangible assets, 4th-runner up Celemi can "understand both why and how to transfer knowledge from clients and staff into company-owned tools and processes to build a solid platform for high quality performance," said Celemi president and CEO Margareta Barchan.

An executive summary of the 1999 European MAKE study will be available on Teleos' website. The next global MAKE study is slated for later this fall