StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Management Decision Making - Essay Example

Cite this document
Summary
Knowledge management is “about providing the right knowledge to the right people at the right time, and helping them apply it in ways that improve organizational performance” (Asian Development Bank, 2012). .After being educated about knowledge management, there are several…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER93.1% of users find it useful
Management Decision Making
Read Text Preview

Extract of sample "Management Decision Making"

Management Decision Making Management Decision Making Knowledge management is “about providing the right knowledge to the right people at the right time, and helping them apply it in ways that improve organizational performance” (Asian Development Bank, 2012). .After being educated about knowledge management, there are several practices that one wants to implement, as Head of the Department of Knowledge Management in an organization. The focus of the essay is an educational institution, a university.

One intends to introduce quality improvement measures in the areas of curriculum development, areas of research, student and alumni services, administrative and strategic planning (Garcia, 2009). An example of a strategy that will be undertaken is the assessment of students. Since students are the most important group in a university, the knowledge management efforts will definitely include them. An assessment of the students who graduate from the university will be done to determine their strengths and weaknesses.

The results of the assessment of the students will be disseminated to the academe through the Knowledge Management Department. The results of the study is a reflection of the quality of education offered by the school; therefore, it is important that the information derived from the assessment be given to the faculty in order that said information can be used to improve the teaching programs of the university. Another quality improvement task that the Knowledge Management Department can initiate is to remain competitive is to develop online courses which other schools offer already (Garcia, 2009).

If the news about new online courses are properly disseminated to the students by the Knowledge Management Department, the number of enrollees will increase; thus, improving the financial performance of the school too. Hopefully, the knowledge management initiatives that will be implemented will help the university to function more efficiently and effectively. ReferencesAsian Development Bank. (2012). Overview. Retrieved July 27, 2012, from adb.org: http://www.adb.org/site/knowledge-management/mainGarcia, I.

(2009, October). Knowledge management and its applicability to higher educational institutions. International Forum , 43-60.

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Management Decision Making Essay Example | Topics and Well Written Essays - 250 words”, n.d.)
Management Decision Making Essay Example | Topics and Well Written Essays - 250 words. Retrieved from https://studentshare.org/business/1600794-management-decision-making
(Management Decision Making Essay Example | Topics and Well Written Essays - 250 Words)
Management Decision Making Essay Example | Topics and Well Written Essays - 250 Words. https://studentshare.org/business/1600794-management-decision-making.
“Management Decision Making Essay Example | Topics and Well Written Essays - 250 Words”, n.d. https://studentshare.org/business/1600794-management-decision-making.
  • Cited: 0 times

CHECK THESE SAMPLES OF Management Decision Making

Methods And Models Of Critical Thinking

The process of decision-making has an important impact on the company's market performance.... The paper "Methods And Models Of Critical Thinking" discusses the importance of critical thinking in the decision-making process and its positive impact on problem-solving.... hellip; The main factors of decision-making and critical thinking will include long-term strategies, self-reliance, and economic situation, growth, budget and multiple benefits for the organization....
3 Pages (750 words) Essay

Effect of Information System in Enhancing Management Decision Making

The primary objective of this paper “Effect of Information System in Enhancing Management Decision Making” is to explain the strategy which would be modeled for the Sydney X Hotel in managing their labor cost which proportionately takes a huge setback in the determination of customer satisfaction.... The System's risk based on familiarity with the application is medium: Microsoft Office such as Words and spreadsheets are commonly used in each department, and management staff had all trained to ensure their competency level of skills and knowledge....
6 Pages (1500 words) Assignment

Business Information Analysis

The paper "Business Information Analysis" presents a detailed analysis of different features of information requirements and management decision-making business systems implementation regarding education and training.... This paper covers the analysis of different aspects of the information requirements and management decision-making at different organizational levels that require education and training.... Since the implementation of information technology-based systems such as business decision support systems and others are aimed at improving and modernizing the business management activities and organizational decision-making processes....
7 Pages (1750 words) Term Paper

Choosing a Database for Your Organization

This report presents an analysis of the information requirements and management decision-making at different levels within the education and training industry.... This section will outline some important aspects of information requirements and management decision-making at different levels within the education and training industry.... In addition, by making use of new and advanced learning tools and web-based information systems institutions are presently gaining a lot of benefits....
8 Pages (2000 words) Term Paper

Business management

There is need for greater flexibility and speed that can be achieved through employee involvement in the Management Decision Making.... Employee involvement in Management Decision Making is an old idea that has been frequently invigorated by new generation organizations across the globe.... Non-intervention of lower level management in decision making process refers the important input from employees that are not featured in decision made.... The employees also do not feel as the belonging of the decision making process....
9 Pages (2250 words) Essay

Business and Management Decision Making

The management of the hospitality services will be discussed in details by collecting information through observing the management of the hospitality services.... The paper will… Moreover, it will also discuss how the management will take care of the capacity of the service if the number of students increases in the next five years....
8 Pages (2000 words) Essay

Risk and Uncertainty in Project Management Decision-Making by Karolina Koleczko

This leads to sound decision making thereby enhancing the chances of a project succeeding.... In this article, the author attempts to differentiate between risk and uncertainty in project management, and also focuses on how this difference affects decision making in project management.... The article "Risk and Uncertainty in Project management decision-Making by Karolina Koleczko" discusses the concept of risk management in projects.... One article related to this topic is Risk and uncertainty in project management decision-making written by Karolina Koleczko (2012)....
1 Pages (250 words) Article

Advantages and Disadvantages of Job Order Costing System

Another pros is that the Job-Order Costing system provides readily available data essential for Management Decision Making.... The computerized approach to organization cost management provides the need to have a system that records all the costs as they occur compared to the old system that provides a record at the end of the job.... The application of this leaves the management with less information to make decisions.... The application of the job order costing system on manufacturing companies provides a disadvantage to the management since it involves the need to use other costing systems that may provide a challenge....
1 Pages (250 words) Assignment
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us