Nobody downloaded yet

Balancing Act - Essay Example

Comments (1) Cite this document
Summary
The present article “Balancing Act” is about the use and importance of knowledge management in business organization. The generation of knowledge within the organization and the method to be used for managing has been discussed. The article revolves around the need of knowledge management system…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER92.3% of users find it useful
Balancing Act
Read TextPreview

Extract of sample "Balancing Act"

Download file to see previous pages The writer also tried to find out how much knowledge should be circulated and also weather all the generated knowledge should be circulated among the employees as the norm or the required assistance. The writer tried to find out the usage of the normal processes which are generally used to generate and circulate the knowledge required by the employees. He tried to establish the importance of the knowledge and the process. The main reason for writing the article was to analyze and assess the importance of knowledge management and the implementation of the same in the organization. For any organization restructuring of business process is very important but how this restructuring would be done, what should be the exact process of doing the restructuring and to what extent the restructuring (which is initiated by the top management) should be done with the knowledge management( which is mainly initiated from the employees) and how both the things can be balanced so that the organization is benefited from both the concepts optimally is the most important objective of the article.
Analysis
The main objective of the authors was to identify the importance of knowledge which is many times generated at the grass root level and managing the same by analyzing the knowledge which has been generated at the grass root level and choosing the most efficient one and circulating it through the process of the organization and the norm or guidelines which could be used by the other employees of the organization....
cient one and circulating it through the process of the organization and the norm or guidelines which could be used by the other employees of the organization. To an extent the authors met their purpose as they have identified and analyzed the reasons behind the importance of the knowledge management. The authors at first analyzed the processes which are generally used to bring any change within the organization. The authors started their analysis by the concept of reengineering. Reengineering is used to reorganize the business process as per the changes the market situations. Then the authors argued that sticking only to the reengineering process to gain competitive advantage cannot lead the company in the long run as this concept has became very common. The authors argued that to gain competitive advantage the company should concentrate on those activities which can add value to the organization and its products and services. They also cited that if the value is created by converting the limitation and the problems into advantages then it would be most beneficial way of bringing change and also gaining competitive advantage. The authors analyzed the various ways in which knowledge can be created and the various situations which could stimulate the process of knowledge creation. The authors also analyzed the different ways and the process by which the knowledge can be filtered and can be used as effective information and the employees can access the same. The authors also used various real life examples to analyze how the knowledge can be managed and can be used by the organization with the help of the formal processes which are laid down by the senior management. Thus to the extent of identifying the importance and the usage of knowledge management and the use of the ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Balancing Act Essay Example | Topics and Well Written Essays - 1750 words”, n.d.)
Retrieved from https://studentshare.org/management/1430942-balancing-act
(Balancing Act Essay Example | Topics and Well Written Essays - 1750 Words)
https://studentshare.org/management/1430942-balancing-act.
“Balancing Act Essay Example | Topics and Well Written Essays - 1750 Words”, n.d. https://studentshare.org/management/1430942-balancing-act.
  • Cited: 0 times
Comments (1)
Click to create a comment or rate a document
gi
gisselle99 added comment 6 months ago
Student rated this paper as
This essay was always my weak point. I could never finish it successfully. Still, after I found this particular essay, I understood how it should be completed. So, I performed my research afterward and completed the essay in several hours, instead of days as it was previously.

CHECK THESE SAMPLES OF Balancing Act

Whats Complicating Bernankes Balancing Act

...What's Complicating Bernanke's Balancing Act The article expresses the view that it has become more and more difficult and tricky to find the right level of interest rate in the global economy to foster solid economic growth while keeping inflation at bay. The complication comes from the increasing interdependency among nations, because the impact of globalization on monetary policy is not just about how worldwide competition suppresses prices of U.S. products, but more about the market forces that are determined by overseas. The interdependency can be observed from the increasing trade volume between U.S. and Asia, which has doubled in 10 years. The complication increases the chances that the Fed could...
2 Pages(500 words)Essay

What's Complicating Bernanke's Balancing Act by James Cooper

...Article What's Complicating Bernanke's Balancing Act" by James Cooper, February 27, 2006 in BusinessWeek Online The article talks about the possible issues and challenges that would face the Federal Reserve in the near future when the impact globalization on the American economy becomes more pronounced. It tackles the importance of determining the right interest rates for a stonger, more well-rounded economy. The Federal Reserve was created to guide the nation towards a stable financial system. It's goal is to maintain stable prices, low inflation, and moderate long term-interest rates. Keeping inflation low though monetary policies is one of the ways to ensure a stable economic preformance. The article...
3 Pages(750 words)Essay

Balancing the Time

...Balancing the Time When a one must plan one's work carefully. While it is necessary to meet expenses, it is also necessary to have the time to study, take care of errands, rest, and have somewhat of a social life. I am happy that I planned well; knowing I was going to be a full-time student with little available financial help from my family, I decided to look for a job that would enable me to study while at work. A graveyard shift was perfect for me as I need to work full-time. I managed to get a job at a local hotel, working graveyard shift, from 11:00 p.m. until 7:00 a.m. The advantage of this work is that I have time to study during the shift, in between my duties at the desk. My employer knows that I am a...
2 Pages(500 words)Essay

United States Government: A Balancing Act

...United s Government: A Balancing Act The federal government of the United s, as d in its Constitution, is given by its people certain rights, functions and responsibilities to effectively govern the nation "in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty for [the nation] and [its] Posterity" (US Constitution, Preamble). A salient feature of this government is the separation of its powers into three equal branches, particularly the executive, the legislative, and the judiciary, which has been touted as essential in ensuring US democracy. Hence, this essay aims to shed...
4 Pages(1000 words)Essay

Network Load Balancing

...Network Load Balancing Network load balancing is a technique which is used to increase the availability and scalability of critical systems and services (Microsoft, n.d.). The need arises as mission critical systems (like internet servers, web servers, ATM servers, etc.) require 24x7 availability; and should be able to deal with increased network traffic during busy times. This is achieved using the network load balancing techniques that distributes traffic across various cluster hosts. Thus, more than one host provides the services (though it is transparent to the users). As and when the traffic increases, the number of hosts can be increased by the organisation without degrading the...
2 Pages(500 words)Essay

Balancing Executive Development

...Balancing Executive Development: The Boral Approach Case Study Analysis MGN431 Strategic Human Resource Development Number Date September 24, 2007 Word Count Table of Contents S. No. Topic Page # 1 Introduction 4 2 Adult Learning Theory 6 3 Effective Design for Learning Programs 8 3.1. Management Support 8 3.2. Participant buy-in 8 3.3. Practical Application 8 3.4. Strategic value for Organization 9 4 New Role of HRD 10 4.1. Broadened view of HRD 10 4.2. Shared responsibility 11 4.3. Learning and Working 11 5 Key Recommendations 12 5.1. HRD Professionalism 12 5.2. Organizations and governments 12 5.3. Creating an Infrastructure for Learning 13 6...
14 Pages(3500 words)Coursework

Balancing Life and Responsibility

...Balancing life and responsibility Work environments are often demanding and sometimes require additional inputs in terms of time and efforts. Extremecircumstances also induce dilemma that require critical approaches to decision making. This paper, based on Badaracco’s article, ‘The discipline of building character,’ responds to questions about managerial position and responsibilities. A situation I have faced that could be considered a right vs. right dilemma I have faced a number of defining moments in which right but conflicting interests required attention within limited resource base. My most significant defining moment occurred in my first employment as a project manager in an organization. The project involved operations... from the...
2 Pages(500 words)Research Paper

Existential Therapy

1 Pages(250 words)Assignment

Summary of PPACA constitutional or unconstitutional

1 Pages(250 words)Essay

Chronic Renal Failure and Dialysis

1 Pages(250 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.

Let us find you another Essay on topic Balancing Act for FREE!

Contact Us