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

Strategy in action - Essay Example

Comments (0) Cite this document
Summary
However, because new knowledge comes into existence from time to time coupled with divergent personal views, it is quite difficult to manage the…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER95% of users find it useful
Strategy in action
Read TextPreview

Extract of sample "Strategy in action"

Download file to see previous pages Despite the challenge, interventions have been developed to help in organization of knowledge especially based on new technologies. Knowledge management systems have been embraced by many organizations in an effort to ensure that the dynamics of knowledge are controlled. Researchers have developed divergent views concerning knowledge management. They attribute it to performance, market share, competitive advantage, market positioning, and sustainability of the organization. Despite all these benefits, knowledge management is seen as a thorn in the flesh of large and complex organizations.
Large and complex organizations depict complexities and bureaucracy in the management of knowledge. The management of knowledge in large and complex organizations is a tedious process that involves a number of processes, usually involving several people. The involvements of many people in the process create a scenario where knowledge does not reach on time or is corrupted in the process. In order for any knowledge to be approved from the lower cadres to the management of an organization, there is likelihood of conflicts based on the influence of decisions made. According to Franz et al (2002), knowledge ‘islands’ are inevitable in large organizations where there are parities in the knowledge that is embraced by a given group based on common aspects such as being in the same office, department or team. It is noteworthy that the organization has to share common goals; hence, the knowledge at their disposal should ideally be similar. However, complex organizations may serve different purposes, which may require them to adopt some knowledge that varies from the other teams.
The management of knowledge in large organizations is cumbersome based on the view that knowledge can occur in various forms. As well put by Nonaka and Takeuchi (1995, p.9) in their model, there are two types of knowledge. ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Strategy in action Essay Example | Topics and Well Written Essays - 1500 words”, n.d.)
Strategy in action Essay Example | Topics and Well Written Essays - 1500 words. Retrieved from https://studentshare.org/management/1650267-strategy-in-action
(Strategy in Action Essay Example | Topics and Well Written Essays - 1500 Words)
Strategy in Action Essay Example | Topics and Well Written Essays - 1500 Words. https://studentshare.org/management/1650267-strategy-in-action.
“Strategy in Action Essay Example | Topics and Well Written Essays - 1500 Words”, n.d. https://studentshare.org/management/1650267-strategy-in-action.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Strategy in action

Strategy in Action

...Icahn over his takeover bid. The biggest immediate challenge for Lionsgate is to reject the Icahn’s repeated bids for takeover (Stableford, 2011). Other major challenges faced by lionsgate include coping with changing market conditions, cost restrictions, increasing competition and the change in technology. Lionsgate has also been facing problems in the film making side, with many of its recent releases flopping at the box office. Tom Ortenberg, president of theatrical in Lionsgate also left the company with rumors about his differences with Joe Drake of the motion picture group. Corporate level strategy: Since 2008, Lionsgate has been undertaking intensive expansion and has merged with or acquired companies in Canada...
6 Pages(1500 words)Assignment

Critically discuss the Strategy in Action of the organisation 'Nestle'

...?Introduction The paper discusses the business strategies of Apple. With the help of various tools, the paper analyzes the current and anticipated strategies of the company. Primary tools used for strategic analysis of the company are PESTLE analysis, value chain analysis, and Porter 5 Forces, Ansof Matrix, and BCG matrix. In 1980 Apple went public and by 1983 Apple had become the fastest growing company in history. Among Apple’s long list of products include the iPad, iPhone, iPod, iTunes, Mac, PowerBook, and Power Mac. As of May 2010 Apple had a gain of 1.8% at $222.12 billion (Apple Annual Report 2010). With the power of innovation, advanced technology, and high investment in Research and Development, the company has outpaced... ...
9 Pages(2250 words)Essay

Strategy in Action. Zurich Insurance

...?Strategy in Action 0 Executive Summary The main objective of the study is to prepare a-five year integrated strategic plan for Zurich Insurance sothat they can perform and sustain better in emerging and competitive market. A study was adopted to identify the key issues with the company in the present context. By doing this research the in-depth knowledge on this topic can be enhanced. Marketing objectives and marketing strategies have been devised in this report based on certain findings in the external and internal situational analysis related to the organisation. From the findings, it can be depicted that Zurich Insurance can re-introduce its policies under the prospect of Zurich...
12 Pages(3000 words)Essay

STRATEGY PROCESS IN ACTION

...? Strategy Process in Action: Information is data that comes into existence from secondary or primary source. Anything that provides knowledge to a person or informs is an information source. These sources may be people, speeches, documents, pictures, organizations, observations etc. They may be principal sources, secondary sources and or tertiary sources. Information sourcing should be a well organized search and evaluation process that adheres to search strategies with the intent to build a substantial library (Nora and Hansen, 2003, p. 159). The primary sources of information are indispensable and contain first-hand accounts or direct proof concerning a topic under investigation. They are created by recorders or witnesses who... in 1939...
5 Pages(1250 words)Admission/Application Essay

Easy Jet's strategy in action-Strategic management undergaraduate

...Running Head: Easy Jet Easy Jets Strategy in Action-Strategic Management of Introduction As “Low-cost airlines are all the rage in Europe. With rock-bottom fares that entice travellers from the chillier north to places” across Europe (questia.com), EasyJet is one of the most successful and growing low-cost, no-frills airlines in European market that is expanding around by the day. The airline is credited for introducing in the airline market some innovative marketing strategies that has changed the way air products sold in the European market. EasyJet has really come from a no-where point starting with a high-operation, low-cost airline. It sent to dust the old market...
10 Pages(2500 words)Essay

Strategy in action

...Topic: Strategy in Action Executive Summary This essay is focusing on the Sunlight textile maintenance services arm of Davis Service Group which deals with dry cleaning, laundry services, linen supply just to mention but a few. The subsidiary operates in the business-to-business sector mainly in the UK and with some international presence in other countries in the world. The company wishes to continue with its previous successful expansion programme of its geographical markets in the Far East (Foley, 2001). In this report therefore, the author presents an introduction to the essay and a background to the Davis Service Group. The report also offers the company’s mission statements and corporate objectives...
10 Pages(2500 words)Essay

Project Introduction

1 Pages(250 words)Essay

1. Strategy in action; 2. Cultural leadership;3. Change or Perish; 4. Has anyone worked for an unethical leader If so, how did you deal with it; 5. What strategies, in your opinion, can leaders use to best handle downsizing and move their organizations

...as the values and behaviors that contribute to the unique social and psychological environment of an organization (Businessdictionary, 2014). Using diversity and integrating the cultures of a diverse group of people can help enhance the character and leadership of a person. Working in groups is also an excellent strategy to foster leadership as well as teamwork. Companies that take advantage of diversity have greater creativity which can enhance innovation. Training and development is another tool that can be used to improve the leadership capabilities of the staff. Leadership is not limited to the managers only; it can be exerted by any employee in the organization. Question #3 Corporations have to be able to adapt to...
4 Pages(1000 words)Essay

Using the UTILITARIANISM STRATEGY Briefly explain the strategy in your own words and describe how the strategy would be used to determine the right action if you found a wallet containing $300

...Utilitarianism Ethics and the Dilemma School Utilitarianism ethics has become very popular lately. It happened because utilitarianism is definitely the kind of ethical doctrine which principles can be extremely practical and useful when building a virtuous society. John Stewart Mill’s (2001) Utilitarianism claims that people should live morally and according to their personal interests (p. 14). Generally such behavioral strategy should finally lead to the greatest common happiness. The point is that this happiness is reachable as long as people make their decisions concerning others using the famous ethical principle: do as you would be done by. Mill argues that people should act the way it brings them as much happiness...
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 Strategy in action for FREE!

Contact Us