The above discussion of the three performance measurement and management models
show that, even though no model mentions KM explicitly, all identify it implicitly as a
fundamental element of business performance. Moreover, the interpretation of
performance improvement, which emerges from the analysis of the models, can be
understood as a continuous effort of generating value for the stakeholders of an
organisation. This moves the focus from shareholders and customers to all the key actors
of the system in which a company operates. This links organisational performance with
the concept of stakeholder value generation.