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Knowledge Management
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KNOWLEDGE MANAGEMENT 2
Table of Contents
4.2 a Rewarding self worth perception ........................................................................................... 3
4.2 b. Nominal group technique to solve self worth perception problem ....................................... 4
4.2c Consensus decision making to find best solution to self worth perception problem .............. 5
References ..................................................................................................................................... 16
KNOWLEDGE MANAGEMENT 3
Brainstorming is a general idea generation procedure that is used develops new concepts
with detailing of different type of information. Individuals working in large organization possess
different type of skill with which they leverage the opportunity to develop strategies that are not
only enhances the capability of the organization but also leads to higher value development of
the individuals(Jansen, 2017). However, in large organisation there are different sectors that
function in a coordinated manner with large scale operation occurring thereby leading to higher
complexities win the organization. Self worth [perception is low as self esteem and recognition
of individuals for their contribution in the development of broader corporate objectives is not
recognized fully thereby leading to lower value perception of one’s capability within the
enterprise. Companies tend to motivate members by analyzing their traits and behaviors thereby
providing them roles according to skill set. Through there is comprehensive development of
sectoral distribution of functions to workers. There are problems related to lack of self worth
perception with lower emancipation of one’s position in the organisation (Nay., 2014). The most
applicable way in which each member can be valued in the organization is by rewarding him or
her for their creativity by giving them appropriate importance in the organization. Positioning
them among the stakeholders and providing them the opportunity to take important
organizational decision will help them analyze their importance in the organisation thereby
each member thereby evaluating his or her capability. Training and discussion to enhance their
skills for better strategy development will help in developing highly competent executives who
will contribute in a better manner within the organisation (Hamoud, Tarhini, Akour & Al-Salti.,
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2016). Self worth is enhanced by collaborating team member and providing them benefits to
work independently in such a manner that their creativity and ability is respect ted thereby
in a coordinated manner. The contribution of each member of the group is valued and they are
encouraged to provide important insights that help in better approval of decision that needs to be
taken to solve complex problems within the organization. NGT is generally used one some
members are more vocal and communicating putting forward their perception and they
encourage other introvert members to put forward their views regarding the problem faced
within the team (Raudberget, & Bjursell., 2014). Self worth perception is low in many
organisations and NGT can be beneficial in addressing the problem in a comprehensive manner
thereby leading to a feasible solution that will help in protecting interests and needs of each
member. The technique is used by stating the problem and addressing the issue.
generating important points that will help in developing the most appropriate solution to the
problem. The team members make up the nominal group providing solutions like time flexibility,
stakeholder engagement, and better remuneration ad higher non-financial benefits with better
position in the organization (Kianto, Vanhala, & Heilmann., 2016). Among all these alternatives,
the group mostly focused on creativity generation with importance given to the strategy
formulation capability of the individual that will help in addressing the importance of self worth
perception. Self worth is enhanced with demonstration of trust in the capabilities that helps in
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sharpening business acumen and contributing effectively in the organisation. Expanding success
capabilities by analyzing the value of each member’s contribution and providing them important
resources in such a way that they can optimally use them mad generate higher values for better
business development. Therefore, NGT helps in arriving to different solution from which the
best solution is chosen by receiving approval from each member of the nominal group
4.2c Consensus decision making to find best solution to self worth perception problem
This decision making process is a group based creative mechanism where the members
of the group design and develop solutions to problems in a coordinated manner. A professionally
accepted resolution is taken into account to support the individual’s views that are provided as
solution to complex problem faced within the organisation. The goal in this case is to select the
best solution that will help in arriving to a solution for better evaluation of self worth by the
individuals within the organisation (Wu, et al.,2017). A common agreement is reached through
consensus decision making where multiple ideas and opinions are taken into account to support
the view of each involved member. Knowledge management occurs through this king of creative
discussion process where different insights are collected. Self worth perception is low according
to team members as there are different complex functions working in a coordinated manner and
there are loopholes in operation if there are challenges related to external environment problems
A decision is a deliberated and finalized that helps in providing the best ideas. This type
different team members who provide information regarding the best solution. The solution is
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viable and can be adjusted according to changing circumstances of the organisation. The best
solution that has been reached at is being giving independence and opportunity to each member
to think creatively that will foster innovation and growth. Opportunity and importance given to
members will lead to better evaluation of self worth. Giving higher opportunity and position will
help members to realize their value within the organization thereby enhancing contribution for
different types of information are processed for better delivery of outcome. Knowledge
codification is essential as it helps in conversion of tacit knowledge for better decision making
within organisation. From the perception of information technology KM systems that are
digital technology. After codification, the knowledge is codified for better value evaluation
strategies within the organisation (Botha, Kourie & Snyman., 2014). A different codification tool
Frames are codification schemes that help in organizing knowledge dealing with collaboration of
Horse Frame
Families: Thoroughbred
Thoroughbred Frame
Is a: animal
Is a: 18 hand
Trot: yes
Instance of
Jump: yes
Mini: Instance frame Facet Facet
Farms
Boards in: stall
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Airline Frame
Families: Pilot
Pilot Frame
Is a: human
Is a: captain
Is a: veteran
Is a: certified
Instance of
Facet Facet
Mini: Instance frame
Location: Location:
Is a: pilot
Chicago Cook County
Name: Fred
Age: 30
College Frame
Families: Student
Student Frame
Is a: young human
Is a: undergraduate
Is a: equestrian Instance of
Location:
Name: Brenda Location:
N.E. Quad
Dormitory
Height: Medium
Resides in
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5.2Knowledge development
understand the complex functioning of different sectors within the organization. Knowledge
engagement.
of communication skills and analytical thinking capabilities (Schiller & Prpich., 2014). The
second approach is more suitable as basic capability of better interaction and thinking with a
critical mind is a pre-requisite to adopt different types of skills that are important for competency
several languages will be able to develop knowledge but that will remain confined to
programming languages and computer testing. He will lack holistic development but the person
having communication skills will have clarity over different business concept and with his ability
to organize information and grasp different concepts will leads to better knowledge development
thereby leading to better information dissemination within the organization with high skill
company
organisation where experiences and learning of the team members help in generating value and
profitable outcome within the organisation. Free knowledge sharing and idea dissemination is
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not viewed ion global companies and therefore there are different challenges faced in
organizations. Organizational leadership is the foundation for KM and the other enablers of KM
includes the culture, structure and policies that are maintained within the organisation. Processes,
management and information are the second stage of development that ensures that highly
2018).
The KM implementation within an organisation occurs through different stages and failure of a
company occurs if the organisation is incapable of fulfilling the appropriate functions at each
with introduction of different type of KM plans within the company taking into account the type
of organization and the different sectors working in it. The human resource department along
with senior executives is responsible for enhancing learning with idea generation principles
within the organization. However, failure occurs at this stage if the company fails to coordinate
the desired KM supporters with realization of opportunities to be distributed among the team
members (Omotayo., 2015). The company is unable to implement if there are no enough
discussion and learning workshops regarding the importance of KM initiatives with focus on the
Strategy Development
involved taking into consideration recognition of all the assets that will generate value within the
that will serve the broader objectives of the organisation through resource utilization. Failure at
this stage occurs in global companies if there is lack of exploratory group that is completely
created to enhance knowledge management with broader perception to develop high quality
outcomes. There are companies that do not address changes and are focused on current operation
practice. Lack of innovation capability does not let these companies explore new framework of
KM thereby leading to lower development (Schiller & Prpich., 2014). Knowledge sharing and
idea dissemination with focus on patents, new product development needs to be increased and
failure to address these important issues leads top strategic failure to maintain high-level
different sectors will lead to failure in developing the most relevant strategy for knowledge
management.
The stage is associated with the designing and funding of the pilot projects after
identifying the most effective KM plan that can be incorporated within the organisation.
Communities are organized to practice that KM in small scale to replicate it in large operation
and therefore multiple perception development is necessary to provide insights on the application
of pilot projects. Failure occurs at this stage if the global company fails to harness the learning of
the initial two stages with effective idea capturing through organizational leadership. Success
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does not generate in pilot object of KM plans in large companies due to several reasons among
which one important aspect is arriving at consensus by each member and lack of training to
brings success at this stage with collaborative effort of a KM oversight group that provides
support to progress at this stage (Kianto, Vanhala, & Heilmann., 2016). Methodology
skills application of which occurs through active community participation that uses each
information to use in the pilot project with use of financial and human capital in a coordinated
manner.
Knowledge management experiences are gained by the time global companies reach this
stage with launching of different pilot projects. However, failure to expand and support further
in other operation through KM initiatives. This stage focuses on developing and promoting an
expansion strategy to initiate the growth of a KM system. Companies fail if there is no return on
investment with lack of future planning on implementation different strategies that will help in
expanding knowledge capabilities in an organisation (Botha, Kourie & Snyman., 2014). Pilot
selection criteria is an important part of the stage with application of technology and
comprehensive approach that helps in gaining support in senior management. Operational failure
with lack of development capabilities to promote and communicate the relevant KM strategies
leads to failure in the organisation. Failure occurs at this stage due to lack of skill development
and training of managers to connect the pilots to deliver high value results through initiation of
KNOWLEDGE MANAGEMENT 15
broader projects of the organization. The comprehensive assessment of KM efforts at this stage
is necessary with focus on resource coordination between different sectors of the organisation.
Institutionalizing KM initiatives
Companies at this stage tends to integrate the operating business model with the with
deployment of different KM initiatives that help in redefining the strategies that re shaped by the
organization to fulfill the corporate objectives. Failure at this occurs in companies if the
executives and managers fail to adopt training of KM tools and methodologies (Raudberget, &
Bjursell, 2014). The methodological assessment of KM initiative is essential at this stage with
focus on development of KM support structure that can be used for long-term organizational
growth. Companies fail at this stage, as that is incapable in developing mechanism where KM
strategy can be realigned with the overall budget of the organisation to accommodate all the
activities are not consolidated according to the budget thereby leading to hindrances in gaining
operational efficiency.
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References
Ahern, T., Leavy, B., & Byrne, P. J. (2014). Complex project management as complex problem
Botha, A., Kourie, D., & Snyman, R. (2014). Coping with continuous change in the business
Hamoud, M., Tarhini, A., Akour, M. A., & Al-Salti, Z. (2016). Developing the main knowledge
Hamoud, M., Tarhini, A., Akour, M. A., & Al-Salti, Z. (2016). Developing the main knowledge
Jansen, W. (2017). New business models for the knowledge economy. Routledge.
Kianto, A., Vanhala, M., & Heilmann, P. (2016). The impact of knowledge management on job
McMillan, S. S., Kelly, F., Sav, A., Kendall, E., King, M. A., Whitty, J. A., & Wheeler, A. J.
(2014). Using the Nominal Group Technique: how to analyse across multiple
Mohapatra, S., Agrawal, A., & Satpathy, A. (2016). Designing knowledge management strategy.
Springer, Cham.
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Nay, O. (2014). International organisations and the production of hegemonic knowledge: How
the World Bank and the OECD helped invent the fragile state concept. Third World
North, K., & Kumta, G. (2018). Knowledge management: Value creation through organizational
learning. Springer.
Raudberget, D., & Bjursell, C. (2014). A3 reports for knowledge codification, transfer and
Schiller, F., & Prpich, G. (2014). Learning to organise risk management in organisations: what
future for enterprise risk management?. Journal of Risk Research, 17(8), 999-1017.
Wu, J., Chiclana, F., Fujita, H., & Herrera-Viedma, E. (2017). A visual interaction consensus
model for social network group decision making with trust propagation. Knowledge-