The Joint Venture Knowledge Forum (JVKF) was formed to support the process of knowledge building across the 3 Ryhurst partnership companies.
The forum is chaired by the Ryhurst Development Director and attendees include the JV company General Managers (GM’s) as well as subject matter experts from within Ryhurst, the Rydon Group of Companies and external specialists where appropriate.
The first agenda item at every JVKF is bringing each other ‘up to date’. Yes, it is an opportunity for each of the GM’s to talk about the most recent projects and activities underway within their partnership company.
More importantly, it is a real opportunity for GM’s to share their experience – good or bad – and to support each other when a little help might be needed.
In ‘talking’ the GM’s are able to share lessons learnt such as the best performance metrics to use, the right methodology for a particular type of project, the most inclusive approach when engaging with the community.
Each of Ryhurst’s Strategic Estate Partnerships (SEP) is different . Each was procured for a different purpose and each with unique aims and objectives. Even the aspects that are ‘the same’ are indeed different. For example;
It is important to recognise that not everything shared or learned is relevant to every SEP. The JVKF is an investment in knowledge management to improve the efficiency and effectiveness of the JV’s together with driving innovation and retaining knowledge.
Capturing knowledge through the forum helps to deliver better outcomes for the partnering Trust.
Understanding ‘what works’ enables the JV companies to improve services and processes to deliver better results, faster and smarter.
It doesn’t stop at processes, lessons learned help avoid a repeat of mistakes and increase savings.
Having grasped knowledge and experience from across the wider Ryhurst network organisations, the challenge for the GM is to assimilate this to the key business drivers of their JV.
The GM’s have shared a wide range of information and implemented some of this within their partnership plans. To date this includes: