With the strategic partnership relationship both parties benefit as they work collectively to move both parties forward. DaimlerChrysler have several of these relationships. When technology renders training then the outside partner will provide an instructor to come facilitate training and introduce the employee to the new technology. To ensure the efficiency is accurate, the trainer will provide DaimlerChrysler with post workshop facilitator that on stand by for further assistance
Even though DaimlerChrysler have strategic partner relationships, most of their business relationships could fit in the vendor/vendee category. With the vendor/vendee category, one party typically utilizes another business services for the advancement of their organization. This is typically the category DaimlerChrysler fits in. In the global economy, with the usage of technology, a corporation that utilize this service can now utilize a vendee in any location around the world.
DaimlerChrysler is a competitive corporation and is competing in the fierce automotive market. Staff is trained when new technologies are used typically in workshops where information can be given and questions can be asked. The workshops are as needed and are thorough with itinerary is given to reference as needed. The workshops are directed by experts in the field and are rotated between employees that need to know the information. The training allows the employee to communicate, order and exchange information from local vendee and vendee abroad.
In this new technological era, business relationships are no longer on a local scale. Business has taken their relationships abroad and now conduct business on international levels. DaimlerChrysler have strategic business relations as well as vendor/vendee relationships with other companies. When technology evolves and training must be given to employees, DaimlerChrysler have workshops and post-training instructors ready to ...
Cite this document
(“Knowledge management Essay Example | Topics and Well Written Essays - 500 words - 2”, n.d.)
Retrieved from https://studentshare.net/miscellaneous/413224-knowledge-management
(Knowledge Management Essay Example | Topics and Well Written Essays - 500 Words - 2)
“Knowledge Management Essay Example | Topics and Well Written Essays - 500 Words - 2”, n.d. https://studentshare.net/miscellaneous/413224-knowledge-management.
The paper includes the recognition and analysis of knowledge management as a crucial component in organisational progression and also the importance of managing the people who deal with managing knowledge in the organization as well as the effect of wrong culture on reducing the effectiveness of knowledge management.
This paper is the analysis of the Siemens case study and its knowledge management practices. Two questions are analyzed: (1) knowledge management as human resource management; and (2) the effects of the wrong organizational culture on knowledge sharing. Recommendations to create a perfect knowledge culture are provided.
Knowledge management involves a number of practices and strategies used by companies to identify, represent, create, distribute, and enable assimilation of experiences and insights. Such experiences and insights include knowledge, either embedded or embodied in organizations as practices or processes.
MindTree also conducted researches in order to optimize the database migration techniques and strived to identify new opportunities in the modernization of mainframe. The community practices went through several transitions. At first stage, it was about identification, later, it was about training and after that it conducted researches to identify new offerings.
Its fundamental objective is to create knowledge, share it or transfer among the people and use it for the benefits of the organization (Noe, 2002, p. 168). In creating, sharing and making use of it, gaming, simulation, calculations, data base and many other information-managing strategies have been found to be extremely important.
This implies that an organization ought to be knowledgeable about the course of action it should take in order to reach its desired operational heights. In the process of pursuing the set organizational goals and objectives, knowledge management comes in handy.
The purpose for this may however differ from person to person and generation to generation. In the pre-historic era, the mankind had the thirst for knowledge in order to make their daily affairs convenient and satisfy their desire to do the work differently.
On the other hand, knowledge management is a way in which organizations, teams and individuals collectively and systematically create, share, and apply knowledge in order to achieve their objectives effectively. Information management views