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Knowledge Management (KM)

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Would you briefly explain how KM is supposed to work in organizations?

Also, how do you think that social networks like Facebook and Myspace could be used as a knowledge sharing tool within a KM program. ?
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What I want to know is your opinion on how these kinds of sites might be used as a means of complimenting an organizational KM system or program.

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Knowledge Management can be termed as the whole process of controlling the flow of knowledge, data and information for day to day use in the organization. Knowledge management in today's organizations is expected to empower employees with relevant information for informed decision making. An efficient knowledge management process in an organization is being able to provide timely, accurate and reliable information to employees and ensuring that information is accessible whenever needed by the organizational employees.

Knowledge management is a critical source for obtaining competitive advantage in today's organization and thus, is expected to enhance the speed of decision making, reduce costs as well as empower employees to make quick, reliable decisions. This, in turn, will significantly help in improving the quality of processes, products and customer service and improve efficiency in an organization. Knowledge management contributes to innovation as it ...

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Would you briefly explain how KM is supposed to work in organizations?

Also, how do you think that social networks like Facebook and Myspace could be used as a knowledge sharing tool within a KM program. ?

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Knowledge Management (KM) and R&D

You are the global subsidiary branch manager of a U.S.-based MNE, Leather Extraordinaire, which manufactures leather goods. The Latin American division exports the largest volume of goods due to the high quality of leather and cheap labor, of which the majority is produced in Argentina. The Argentine subsidiary is proposing to Headquarters to be given the mandate to produce all of the leather clothing goods exported to Canada and the U.S. and be termed the "Center of Distinction" for leather clothing.

What factors will you consider to determine if the Argentine subsidiary is acting on good-faith efforts in the best interest of the MNE, or if it is promoting its own self-interest, such as power, prestige and jobs?

How will you respond to the Argentine subsidiary?

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