Describe the difference between tacit and explicit knowledge. Then, consider the organization that you work for or one that you know well and identify some piece of tacit knowledge that if made known to the executives or boss, could lead to actions that would improve the organization. Explain your logic.
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Describe the difference between tacit and explicit knowledge. Then, consider the organization that you work for or one that you know well and identify some piece of tacit knowledge that if made known to the executives or boss, could lead to actions that would improve the organization. Explain your logic.
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- Create a Group Control System Step 1. From into groups of three to five students. Each group will assume that another student group has been given an assignment of writing a major paper that will involve research by individual group members that will be integrated into the final paper. Each group member has to do his or part. Step 2. Your assignment is develop a list of rules and identify some statistics by which to control the behavior of members in that group. Brainstorm and discuss potential to govern member behavior and consequences for breaking those rules. Step 3. First, select the five rules that you think are most important for governing group member behavior. Consider the following situations that rules might cover; arriving late for a meeting: missing a meeting: failing to complete a work assignment; disagreements about desired quality of work; how to resolve conflicts about paper content; differences in participation , such as one person doing all the talking and someone else talking hardly at all; how to handle meetings that start late; the use of an agenda and handling deviations from the agenda; and any other situation that your group a cover. Step 4. Now consider what statistics could be developed to measure the behavior and outcome of the group pertaining to those five rules. What kinds of things could be counted to understand how group is performing and whether members are the following rules? Step 5. Discuss the following questions. Why are rules important as a means of control? What are the advantages and disadvantages of having many rules (hierarchical control) versus few rules (decentralized control) for a student group? How can statistics help a group ensure? appropriate behavior and a high-quality product? Step 6. Be prepared to present your conclusions to the Class.Your firm has been engaged by a manufacturing firm to make a study of top management. As the study neared completion, the president instructed you as to what she expected the recommendations and findings to be and directed you to come to this conclusion. What should be your response?Knowledge management systems improve how knowledge and expertise are managed in a company. evaluate how knowledge management systems help make sure that all employees of a company have appropriate access to knowledge information when they need it.
- Employee empowerment is a management approach that involves delegating decision-making authority and responsibility to employees at various levels of the organization. It is based on the belief that employees are valuable assets who possess valuable insights, knowledge, and expertise that can contribute to the organization's success Empowerment enables employees to take ownership of their work, make decisions autonomously, and contribute to the achievement of organizational goals. It fosters a sense of ownership, motivation, and engagement among employees, leading to increased job satisfaction and productivity Moreover, empowered employees are more likely to innovate, problem-solve, and adapt to changing circumstances, driving organizational agility and competitiveness. Effective empowerment requires clear communication, trust, and support from management, as well as ongoing training and development to equip employees with the skills and knowledge needed to succeed in their roles…nstructions Read Atomic Habits, Chapters 15-17. Assume that you work for Amazon inc. Write a persuasive email to your supervising manager summarizing what you learned from your reading and how it would benefit the company to train employees on what you read in chapters 15–17. Your email must be persuasive and should include responses to the following questions: In your opinion, what were the three most valuable principles taught in these chapters? Why? How will training employees on these chapters help them personally and professionally? How will training employees on these chapters benefit the company as a whole?What are the advantage and disadvantage of the following in the decision making of the management? Enhance Communication Improve Collaboration Boosting Engagement and Motivation Fostering continual business growth
- Instructions In this exercise, read through the situational overview below. Using the information presented in Chapter 3 of your textbook, answer the following questions. Your answers should use a 12 point font, be double spaced, and use APA formatting to cite references on the last page of your assignment (if you use any external sources). It should be submitted as a Word or PDF document. Situational Overview James Stilton is the chief executive officer (CEO) of RightLiving, Inc., a company that buys life insurance policies at a discount from terminally ill persons and sells the policies to investors. RightLiving pays the terminally ill patients a percentage of the future death benefit (usually 65%) and then sells the policies to investors for 85% of the value of the future benefit. The patients receive the cash to use for medical and other expenses, and the investors are "guaranteed" a positive return on their investment. The difference between the purchase and sale prices is…Kaily Bach was recently promoted to the managing director's position at Big Wheel Bikes, Inc. Kaily was told by her boss that she received the promotion because he believed she had the management skills necessary to help the company become more efficient and effective. During her first week, Kaily first compared the actual revenues and expenses of the company with desired results. She also met with employees to get their feedback and suggestions. Armed with this information, she formulated the future course of action for Big Wheel Bikes. One of her short-term goals is to provide the employees of Big Wheel Bikes with flexible working schedules. Another short-term goal is to create business lunches, in which groups of five employees meet over lunch to discuss organizational objectives. Kaily is confident she can lead the company into a prosperous future. Refer to Big Wheel Bikes, Inc. Kaily's formulation of a future course of action for Big Wheel Bikes is an example of the…Kaily Bach was recently promoted to the managing director's position at Big Wheel Bikes, Inc. Kaily was told by her boss that she received the promotion because he believed she had the management skills necessary to help the company become more efficient and effective. During her first week, Kaily first compared the actual revenues and expenses of the company with desired results. She also met with employees to get their feedback and suggestions. Armed with this information, she formulated the future course of action for Big Wheel Bikes. One of her short-term goals is to provide the employees of Big Wheel Bikes with flexible working schedules. Another short-term goal is to create business lunches, in which groups of five employees meet over lunch to discuss organizational objectives. Kaily is confident she can lead the company into a prosperous future. Refer to Big Wheel Bikes, Inc. Which of Clark Wilson's three skill categories is involved when Kaily implements the lunch sessions?…
- Kaily Bach was recently promoted to the managing director's position at Big Wheel Bikes, Inc. Kaily was told by her boss that she received the promotion because he believed she had the management skills necessary to help the company become more efficient and effective. During her first week, Kaily first compared the actual revenues and expenses of the company with desired results. She also met with employees to get their feedback and suggestions. Armed with this information, she formulated the future course of action for Big Wheel Bikes. One of her short-term goals is to provide the employees of Big Wheel Bikes with flexible working schedules. Another short-term goal is to create business lunches, in which groups of five employees meet over lunch to discuss organizational objectives. Kaily is confident she can lead the company into a prosperous future. Refer to Big Wheel Bikes, Inc. Which managerial function is Kaily performing when she compares the actual revenue and expense…Management is the process of organizing and coordinating resources within an organization to achieve predetermined objectives. It involves planning, directing, and controlling various activities to ensure that goals are met efficiently and effectively. Effective managers possess strong leadership skills, are able to motivate and inspire their teams, and are adept at problem-solving and decision-making. They also understand the importance of fostering a positive work environment and promoting teamwork and collaboration. How does prioritize tasks and allocate resources to ensure that organizational goals are achieved within budget constraints?Working alone select a job that is familiar to you (e.g., secretary, cashier, HR manager, Sales officer etc), and conduct a task analysis for this job. Reviewing the methods discussed in class, which method or methods make the most sense for analyzing this job? Why? What are the major tasks or responsibilities that you identified for this job? What knowledge, skill, ability, or other characteristics are needed to perform each of these major tasks? Write out your findings in the form of a job description (including a job specification).