BACHELOR OF COMMERCE BUS 378: Knowledge & Organisational Learning Essay Outline: How can HR management systems and practices in Singapore, be re-designed using KM and OL principles to increase innovation and competitive advantage over the next five years. Introduction 2012 is marked as a significant year for Singapore’s workforce demographics. This is the year where the first batch of baby boomers turned 65 years old (National Population and Talent Division, Prime Minister’s Office
1. Abstract: Knowledge rather than capital or labour, was the only meaningful resource in a society (Drucker 1993). World was moving from industrial to knowledge-based economy. Organizations have changed their focus from process re-engineering to achieve results into encouraging employees to implement their knowledge and expertise in achieving efficiency of business. In a rapidly changing technology landscape, knowledge sharing presents a unique challenge for businesses and enterprises. Few factors
INTRODUCTION In a dynamic economic where change seems very pivotal as we move into the twenty-first century. Acquiring self-development and being self-aware as a manager is very essential in the business environment in order to stand out of a large crowd also gaining competitive advantage in the work place, one needs to continuously develop new learnings in becoming a “knowledge worker” in his or her organisation (Telford, 2006). The higher the level of education of a manager the better the salary
researchers and practitioners on KM, however, KM still remains a mystic to senior executives in an organisation filled with obscure terminologies and often, treated as a marginal periphery. One of the earliest pioneers of KM back in 1991 was Ikujiro Nonaka, whom argued that the superior performance of Japanese companies in the past can be attributed to their ability to transform, transfer and re-use tacit knowledge from one individual to another individual within the firm. However, in order to argue
Nowadays with the new millennium speeding towards us and competitive advantage more rapidly than ever, organisational behavior is one of the most direct relevance study for deeper understanding of management context. Indeed, it’s about how people organised and managed at work, which contains the study of leadership, motivation and organisational design to examine human behaviour in relation to various psychological, social and political conditions. The purpose of study this subject from regulatory
INTRODUCTION: Growing competition in a globalising environment marked by cut throat competition has challenged organizations to find an efficient method to allow shared access to the key resources: knowledge, experience and ideas. The combination of knowledge management and electronic learning is a response to this challenge. The use of information and communication technologies as teaching and learning tools is now rapidly expanding into education and e-learning is one of the most popular learning
Operation Suppy Chain & Management David Imboden, Livia Artuso, Clariss Chow, Youssef Hautier, Topic: Are Agile development / Scrum approaches applicable to other product domain than the software development? 1. Introduction The development of a new product is key for a company. The products can be very simple (a new fork in the Ikea assortment) to extremely complex (let’s think about a new airplane for Airbus), their development still requires a multidisciplinary approach, implies a lot
The review of “The Core Competence of the Corporation” Introduction When many corporations were struggling in unstable and unpredictable competitive environment in the 1990s, the proposition of the concept of core competence became the dominant framework in management theory (Liu, 2006). This essay will review the article entitled “the core competence of the corporation” by Prahalad and Hamel from three aspects. Initially the position of the article will be analyzed compared with the Porter’s
Introduction Many companies are beginning to feel that the knowledge of their employees is their most valuable asset. They may be right, but few firms have actually begun to actively manage their knowledge assets on a broad scale. Knowledge management has thus far been addressed at either a philosophical or a technological level, with little pragmatic discussion on how knowledge can be managed and used more effectively on a daily basis. At this early stage of knowledge management in business,
Fawwaz Bugis Management analysis of The Body Shop Abstract The study is going to conduct a management analysis for the chosen company, which is a considered as a relevant intervention in order to increase the profitability of the chosen product. The study is going to explain the procedures applied by the chosen company as it shows relevant management process that is related to a procedure for improving productivity. In addition, it seeks to explore the impacts of management analysis applied