Tuesday 24 April 2012

Quantified KM success stories, 26 through 28

-2627Stage 28 The ConocoPhillips Archimedes Awards are a great source of KM success stories.

Give, Grab, Gather and Guts Awards are given to the business units or regions that have successfully created a collaborative work force through giving, taking and applying, and sharing knowledge. Individuals, teams or Networks of Excellence are eligible to win Success Story of the Year or Networks of the Year.

Here are three quantified results from the 2009 awards, described in the 1Q 2010 in-house magazine

The Archimedes Gather Award was presented to the Alaska and Canada regions for successfully initiating collaboration among multiple parties leading to the discovery, creation or sharing of knowledge. The Alaska Region received the Gather Award for leveraging experiences from Conoco Phillips China and Lower 48 drilling and wells to develop a hand injury prevention program, resulting in over a 60 percent reduction in hand injuries for 2009. 
The Canada Region implemented a process to identify and reuse existing solutions in its business units, resulting in approximately $50 million in cost reductions.

The Upstream Rotating Equipment Network earned its second Network of the Year Award by expanding its focus area from turbo machinery to all rotating equipment. Three subnetworks were created to increase engagement with their extended membership, resulting in a 30 percent decrease in lost production attributable to rotating equipment.

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