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Balancing Act - Essay Example

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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…
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Balancing Act
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"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
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