Question

What is the role of Measurement & Knowledge Management for Performance Excellence in supporting Quality Management (QM) and Lean Management (LM)? Factoring in the impact of the Corona Virus on Measurement & Knowledge Management for Performance Excellence when America faces severe shortages of Corona Virus testing kits as well lack of ventilators and other key equipment. How would you assess their "unintended consequences" to the global economy? and how would you re-calibrate Measurement & Knowledge Management for Performance Excellence strategies based on lessons learned?

Answer 1

Measurements and knowledge management involves all the proper information and knowledge about any of the concept. Knowledge management basically involve strong learning and performance of any individual or any project. Quality management and lean management applies knowledge management as its core components. Knowledge management need to be properly applied to the organisation in order to develop and design effective as well as qualitative products nad services that utilizes knowledge and measurement both the performance excellence of the organisation. Knowledge management always help in increasing knowledge creation and it's positive utilisation within an organisation. Proper knowledge management is an ultimate source of competitive advantage for an organisation.

Corona virus have many negative impact on the overall economy of the world and nation as well. Every country is dealing with COVID 19 in order to save life of all the people. In this fight against, technology and self discipline plays a very very important role to save life of living beings. Technologies in health care industries take proper care and treat all the COVID 19 patients very effectively whereas self discipline help out an individual to stay safe from the attack of Corona. America is having a very fearfull scenario in its every field after COVID 19. Number of Corona patients is increasing very fastly and that's why the key equipment of American hospitals getting less. Equipments anre less and Corona patients are more, this is the most dangerous scene of American hospitals. It has very unintended consequences to the global economy as America is always being at the top of the world, it almost controls overall world economy so any damage or and loss to American economy highly impacts the overall economy of the world.

America is regularly researching over Corona and develop kits to detect Corona and also researching regularly in order to manufacture its vaccine in order to fight strongly against COVID 19.

America take help from India. India supplies HCQ and Paracetamol to American in order to fight against COVID 19. Maximum countries are fully in total lock down in order to avoid gathering at any place and maintaining.proper social distancing. American is also regulating various precautions in order to deal with this pandemic.