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

Knowledge Management - Essay Example

Cite this document
Summary
The success of the knowledge Management was successful because of the engagement of the managers from various sectors in the knowledge process.
` The improvement…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER92.2% of users find it useful
Knowledge Management
Read Text Preview

Extract of sample "Knowledge Management"

The positives on the success of the KM concepts The KM concept led to improvement in several sectors of production with the main focus of the Knowledge Management. The success of the knowledge Management was successful because of the engagement of the managers from various sectors in the knowledge process.` The improvement of the inventory led to the process improvements and the quality improvement on the final products. Knowledge management helped shape the process management. The changing of the pricing policy the company was facilitated by the change implemented by the Knowledge Management.

The success of the pricing process is based on the changes instituted by the company with the focus being on the improvement of the product pricing.The involvement of the company employees in the process was effective especially in top and middle level management who understood the whole process successfully. With the effective communication within the top and middle level managers, it was possible with the plan to be implemented at these levels. The sales volume increased as proof of the effective nature of the Knowledge management.

The volume of sales increased by 2% annually because of the implementation of the new process. Increase in sales volume is a result of change in management style. However, the focus of the group has been on the top and middle level management levels, which was considered beneficial and vital. However it creates other problems that must be addressed for the total improvement of the whole process.The negatives of the management processThe inability to reduce staff turnover indicates the challenges in the implementation of the change process.

The implementation of the change made is complex for some of the employees. The reduction of the staff turnover can be achieved by simplifying the knowledge process with the main focus of the process being the simplicity of usage.Access of information about the current products is considerably by the enactment of the new technology. The restricted access led to the development of problems in information sharing between the sales agent and the customers leading to failure in communication and creation of awareness.

The application of technology did not factor in the low level employees making the implementation process complex in areas involving lower level employees. The most affected in the process is the sales agents because of the nature of their work. Customers require faster information sharing especially in issues of product specifications. The online platform does not allow the sales agent to access information fast thus affecting the rate of information transfer between the agent and the customer.

The participation of the workers in the company was restricted by the company’s approach in the knowledge management process. The company engaged the middle and high level manager while neglecting the low level employees. The situation created discord in the employment of the technological change. The results of the discord are the failure of the low level workers is evident in the failures of the Sales Agents and other low cadre employees of the company. The failure is also evident by the increased staff turnover due to the change.

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Knowledge Management Essay Example | Topics and Well Written Essays - 500 words - 2”, n.d.)
Retrieved from https://studentshare.org/miscellaneous/1611736-knowledge-management
(Knowledge Management Essay Example | Topics and Well Written Essays - 500 Words - 2)
https://studentshare.org/miscellaneous/1611736-knowledge-management.
“Knowledge Management Essay Example | Topics and Well Written Essays - 500 Words - 2”, n.d. https://studentshare.org/miscellaneous/1611736-knowledge-management.
  • Cited: 0 times

CHECK THESE SAMPLES OF Knowledge Management

Customer Knowledge Management

This essay describes customer Knowledge Management.... The benefits of customer Knowledge Management have concentrated at the individual level.... he quality of the knowledge on the customer is much greater because of direct observation.... Obtaining that knowledge is only the first step.... Customer knowledge gained from firsthand customer contact is very persuasive....
4 Pages (1000 words) Essay

Approaches and Implementation Strategy for Julphars

Most pharmaceutical companies have started adopting Knowledge Management systems and in order to remain competitive Julphar has decided Julphar's has recognized that the importance of knowledge is in how it is used and maximized in decision support and to provide an edge in customer care (Shannak, 2010).... The Knowledge Management system therefore guides in executing and developing innovative strategies for all.... Experiencing the value of retained knowledge firsthand the company has decided to leverage and invest more in… The company also plans to enlarge its customer base in other parts of world which are presently beyond its reach....
16 Pages (4000 words) Essay

Knowledge management questions

Knowledge Management (KM) is a business model that is focused on the interdisciplinary management of knowledge in an organizational framework and objectives on the basis of disciplines such as business, economics, psychology, and information management.... Aristotle presented a clearer organization of knowledge based on the kinds namely the theoretical sciences for the truth, practical sciences for the action and productive sciences for making things.... He also presented the different types of mental abilities, such as memory,… In addition, Aristotle believed that the knowledge process is not innate as what Plato proposed but it can be achieved through mental processes from the surroundings....
4 Pages (1000 words) Assignment

Data and knowledge management

Also, he/she must have the… Other than these, it is necessary for the database manger to perform change management and to keep him aware of the rapid changes occurring in the data and Knowledge Management.... The database Data and Knowledge Management Some of the similarities in the job of the database manager are to be aware of SQL server and DB2 platform, to monitor and optimize the performance of database and to be responsible for performance, design, back up and safety of data....
2 Pages (500 words) Assignment

Soft Systems Methodology in 1981

This paper will candidly and comprehensively analyze Checkland's statement through an extensive review of literatures and drawing on concepts from soft systems thinking, intellectual capital, and communities of practice as well as Knowledge Management.... To survive in this corporate world, which is superficially dynamic, unpredictable, and frenzied, many companies have been… As a result, corporations are working industriously to capitalize on knowledge and the interconnectedness of the organization's human capital system....
11 Pages (2750 words) Essay

Knowledge Management & Business

nbsp;… As the report, Knowledge Management & Business, stresses the crucial knowledge factors include customer relations, work processes, manufacturing and manufacturing methods.... The paper will highlight the tools and methods used to ensure that knowledge is retained, shared and transferred effectively.... nbsp;Many businesses are looking for ways of managing knowledge in their organizations to increase their competitiveness....
5 Pages (1250 words) Assignment

Learning through Knowledge Management

This research will begin with the statement that today's business world is very competitive.... The competition is increasing day by day.... This increases demand of the competitive individuals.... Institutes help individuals to develop and serve this competitive market place.... hellip; The researcher states that his institution has provided him some kind of platform to develop himself....
9 Pages (2250 words) Essay

Innovation and Knowledge Management

Innovation and Knowledge Management – description, characteristicsThe forms of innovation and Knowledge Management in organizations worldwide can be differentiated, being depended on the type of organization, its size but also the organizational needs that have to be addressed.... The interaction between innovation and Knowledge Management in regard to specific organizational activities is usually developed as follows: when innovation is required for the improvement of organizational performance, then appropriate Knowledge Management schemes are likely to be implemented....
8 Pages (2000 words) Essay
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