Knowledge management - Essay Example

In this technological era, training in business s is ongoing as technology evolves. The world is becoming inter-connected and usage of the internet for most businesses is imperative to the organizations survival. At DaimlerChrylser, a corporation that supplies cars to the entire world, usage of the internet is dire and the corporation is continously seeking ways to run the corporation more efficiently. The corporation is on a vertical frame and has a strategic partnership as well as a vendor and vendee partnership with outside companies which they do business with.

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 provide information to continue relaying training.