Assignment 2: Industry Application 1.0
Assignment 2: Industry Application 1.0
1.0 INTRODUCTION
Knowledge management in an organization must involve the process of
determining, organizing, and retaining information as well as the sharing of
knowledge and experience among staff. An organization needs to be sensitive and
play an important role in ensuring its knowledge management is efficient and
beneficial. This is to ensure that selected and important knowledge to the organization
can be obtained, stored and used in the future. It is important in ensuring that the
internal knowledge of the organization, can be identified and processed and stored for
future needs and use. If action is not taken, it is likely that existing intellectual
knowledge cannot be utilized for future needs. This knowledge management aims to
increase the efficiency of the organization. The information obtained needs to be
shared in a form that is easily disseminated to maximize the effectiveness of the
organization’s collective knowledge sharing.
Knowledge management requires trained and skilled staff to identify the
information and knowledge needed and make an impact on an organization. It needs
to be analyzed, compiled and audited for the purpose of dissemination and
effectiveness of knowledge as a whole in an organization. The need for knowledge
requires detailed study to ensure that the impact obtained is commensurate with the
objectives and targets. There are three main areas of knowledge management namely,
knowledge gathering based on organizational needs, storing knowledge subject to
appropriate technology, as well as knowledge and knowledge sharing. Finding and
accessing knowledge quickly and at your fingertips is a major focus today. Good and
efficient knowledge management can help the organization achieve the set objectives.
The importance of knowledge management in an organization also aims to increase
efficiency and help organizations make accurate decisions. It can smooth the course
of the task and improve the level of service quality. In addition, staff can access
expertise and knowledge information in a simple and fast form.
Efficient knowledge management can also assist organizations in increasing
innovation. The progress of an organization requires competitive, fast, and
competitive elements. The benefits that can be derived from knowledge management
are:
Competence in implementing decisions and actions
Speed in decision making
Enhance cooperation among staff
Build knowledge in the organization
The learning and training process can be improved
Increased enjoyment of work
Increased productivity
Business-level strategy details the actions managers take in their quest for
competitive advantage when competing in a single product market. It may involve a
single product or a group of very similar products that use the same channel.
Corporate-level strategies address the entire strategic scope of the enterprise.
This is the "big picture" view of the organization and includes deciding in which
product or service markets to compete and in which geographic regions to operate.
For multi-business firms, the resource allocation process—how cash, staffing,
equipment and other resources are distributed—is typically established at the
corporate level. In addition, because market definition is the domain of corporate-
level strategists, the responsibility for diversification, or the addition of new products
or services to the existing product/service line-up, also falls within the realm of
corporate-level strategy.
Business-level strategies represent plans or methods companies use to conduct
various functions in their business operations. Larger companies often use more
business strategies since they often have several departments with different business
functions. Small businesses may adapt these strategies to their operations and assign
them to different employees. Companies often use business-level strategies to provide
guidelines for owners, managers and employees to follow when working in the
business.
Leaders can be defined as a power that can influence others that is a power
that can connect leaders (leaders) and followers (employees) to encourage employees
to use energy in an organized manner to achieve a goal. Leaders appear when there is
a group of people. In a human group, a chairman or leader is needed so that all the
plans and actions of each member of the group can run smoothly. Leaders can be said
to be the unifier of group desires. Therefore, no group can survive as a society without
a leader. Even in the development of society’s life today we cannot choose to live
without leaders, we need leaders at all stages of life. This is because leaders are
markers or complements on organizational design. Without leaders also the
organizational chart will not be perfect and the organization will not last long (Robiah
K. Hamzah 2001: 18).
4.6 Advertising
Advertising is a form of communication designed to persuade potential
customers to choose your product or service over that of a competitor.
Successful advertising involves making your products or services positively
known by that section of the public most likely to purchase them. It should be
a planned, consistent activity that keeps the name of your business and the
benefits of your products or services uppermost in the mind of the consumer.
The objective of advertising is to increase your profit by increasing
your sales. Advertising aims to:
Make your business and product name familiar to the public
Create goodwill and build a favourable image
Educate and inform the public
Offer specific products or services
Attract customers to find out more about your product or service
5.0 CONCLUSION
The effectiveness of an organization can be measured through profitability and
productivity as well as satisfaction among employees. Yet these two factors are
opposites. Productivity can be achieved without job satisfaction and often job
satisfaction is achieved without high productivity. Therefore there are individuals who
advocate that effectiveness is measured by the ability of an organization to obtain and
use resources efficiently to achieve organizational goals. In conclusion, an
organization is said to be effective when its employees do the job well (doing the right
thing right) and do the right thing (doing thing right). Both of these attitudes and
practices require strategic thinking and training appropriate to the type of work to be
done. If these two factors are given priority, an organization will succeed.
Productive and successful organizations know how to balance physical and
human needs. But in his operations he focuses on the human aspect consciously and
systematically by the leaders of the organization. Organizations also need to be
sensitive to the high standards that can be achieved, not just bragging about empty
slogans. Successful organizations also have members who are committed to their
respective roles and duties based on mutual trust between management and employees
without any motive to cheat (from management) or sabotage (from employees), this
commitment is based on honesty. and the sincerity that should be initiated by a leader
who always gives guidance to his employees. A productive and successful
organization is not tied to a particular model or structure but is tied to the standards,
organizational ethos and welfare of its employees.
Every organization needs a leader. Without leaders an organization cannot
function properly. This is because the ups and downs of an organization depend on
the leader. A leader is said to be successful if he succeeds in applying the right
leadership in his organization. The success of an organization depends on the support
and admiration of all members. To be an authoritative leader, one not only needs to
have knowledge and experience, but also needs to work to build inner power more
than physical strength. The power of force meant is the power to control, influence,
persuade, the power to coerce, to confirm and the power to make reference.
REFERENCES
Abu Daud Silong. (2009. Leadership Theories Research & Prctices Framing Future
Leadership Thinking. Serdang, Selangor: Universiti Putra Malaysia Publishers.
Aan Rukmana. (2010). Islamic Leadership: A Vision for the Future of Indonesian
Islam. Journal of the University of Paramadina. Vol. 7, no. 4, December 2010: 265-
275.
Lewin, K. C. (1951). Field theory in social science. New York, NY: Harper & Row.