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This is a research paper on Knowledge Management and Organizational Performance

A feature of the modern era therefore is the extent to which change is seen as being ubiquitous. This notion of change pervades both the realm of the popular as well as more analytical texts. Clearly the reasons for societal changes are complex but according to Lash and Urry (1987) they can broadly be explained by the liberalization of global capital and the information technology revolution. Lash and Urry (1987) characterize these changes as heralding the emergence of a new form of capitalism, that of disorganized capitalism, while other writers consider the contemporary period to amount to a rupture with modernity itself. Any change in society should also impact upon the way in which knowledge is distributed and organized within that given society.  Read more...

How you define and exercise leadership in the present climate will be a significant determinant in your organisation’s fortunes – and especially in the context of change management.

Let’s define leadership: Leadership is the process by which a person influences others to accomplish an objective. Leaders have a vision that they share with others. It is the leader who binds the organisation together with beliefs, values and knowledge… and who makes it more cohesive and coherent.

Leadership is also defined as a process that…motivates people to excel in the field in which they are working.

Is this you? Is this your direct up-line report?

So can leadership be taught?

Many would say that leadership qualities are not inborn but can be developed gradually through education and self-study. Personally I am not so sure about that.  Read more...

While we work to improve quality and efficiency, our leaders manage our organizations into oblivion. Literally. Something is terribly wrong. Leaders of major corporations in virtually all industries do things that causes them to, either accidentally or deliberately, destroy billions of dollars in value in a breathtakingly short time. What could be behind this phenomenon? Can it be fixed? If so, how? This article explores a few possibilities.

Business Education  Read more...

In the competitive market environment of today, organizations need to find ways to become socially responsible and to assimilate internal and external factors in their strategic management in order to deliver the highest product or service quality to their customers. Modern organizations strive for distinguished quality of leadership, management, employees, work processes, product and service, so that their products not only meet customer needs, but they are also offered in an incessantly improving, appropriate, cost-effective, pioneering, and productive manner.

One major component of strategic management is Total Quality Management (TQM). TQM originated in Japan in the 50s by Americans W. Edward Deming and J. M. Juran, but became popular in many countries during the 80s. Being a structured approach which aims to boost customer satisfaction and loyalty through continuous and innovative improvement of quality, TQM is a buzzword analyzed as follows:  Read more...

Introduction

Mersey Care NHS Trust was established with the aim of streamlining the healthcare system. In the 1980’S healthcare was not well organized, the government used to provide funding to doctors and practitioners directly to cater for provision of healthcare services. But this system was overwhelming as more and more people kept waiting for a chance to gain access to healthcare services. This was the reason why the idea of trusts arose. The first NHS trust was established in the year 1991 and its purpose was to fund healthcare. This is still the main aim up to present day and applies to Mersey Care NHS Trust. (Katherine, 2002)

Environmental factors affecting the industry

This shall be examined using the STEEPLE analysis as shown below

Social factors  Read more...

An organisations budget is supposed to be the tool that turns strategy into action. Unfortunately, up to 60% of organisations do not link corporate strategy to the budget. This article discusses the importance of budgeting and provides six distinct steps on how to link corporate strategy to the budget and provides reasons why it is important to link these two variables.

Article

In some organisations, budgeting can be a guessing game, which can lead to a budget which is inaccurate. A budget should be created to direct the way in which the organisation will achieve its strategic goals. For budgeting to become the relevant process it was meant to be and can be; this group must be fixed. 

Budgeting is part of a large, closed loop process called ‘performance management’. Performance management is a holistic approach to the way organisations direct and manage resources to achieve objectives. In the context of performance management, budgeting’s central role is to support execution through the allocation of resources to the activities that drive value.   Read more...

It highlights the sources of inspiration and guidance that are available from management and leadership gurus born in the East, who have individually and collectively made as great a contribution as the more well-known, more commercially promoted, American gurus. Many of the Western gurus have based their theories and models on the original ideas of the leading thinkers from India, China, Eastern Europe, and Central Asia. Also, as we shall see here, some of the so-called Western gurus were in fact from Central or Eastern Asia or the Pacific Basin. This article gives an insight into just a few of this influential group of original thinkers.  Read more...

Of Contents

Executive summary

Details of the acquisition

Introduction Wal-Mart

Strategy, resources, history

Introduction Seiyu

New initiatives post investment

Wal-Mart’s expansion into foreign markets

M&A’s causes and effects

Corporate Strategic Analysis Part I

Environmental Analysis

Market Definition Market analysis Market Value Market Segmentation I Market Segmentation II Competitive landscape

Japanese retail landscape analysis

Competition Supply side Byers side Characteristics of consumption Entry Barriers

Industry analysis; Wal-Mart

Five forces analysis

Barriers to entry Supplier Power Buyers Power Substitutes Competition

Key Success Factors

Conclusions

Transitional SWOT Analysis

Evaluation of the Strategic choice The Attractiveness Test The Cost of Entry test The Better-off Test

Financial Strategy II

General performance

Market reaction to the investment

Dividend policy analysis

Risk Analysis and Failure Prediction

Ratio analysis

David M. Palmer and William Allan Kritsonis, PhD

PhD Program in Educational Leadership

PVAMU – Member of the Texas A&M University System 

Introduction  Read more...

Introduction

              Strategic management seeks to coordinate and integrate the activities of the various functional areas of a business in order to achieve long-term organizational objectives. A balanced scorecard is often used to evaluate the overall performance of the business and its progress towards objectives… Strategic management provides overall direction to the enterprise and is closely related to the field of Organization StudiesStrategic planning and management are more than a set of managerial tools. They constitute a mind-set, an approach to looking at the changes in the internal and external environment that confront the manager. Using planning and management tools strategically, then, involves essentially a way of thinking, a mental framework or approach, as well as a set of analytic tools. For strategic management to be effectively used the manager must develop a strategic mentality  Read more...