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7/30/2019 Knowledge Sharing Through Cross Country Presence
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Knowledge Sharingthrough Cross CountryPresence
Group HAjay Jadhav Batch22-106Kiran K Pillai Batch17-06Deepak Aryaselhi Batch24-018Santosh Kumar Batch24-013Rakesh Pal Batch24-028
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AgendaHow is knowledge managed in a global company
How is knowledge shared in a global company
Problems and challenges faced by a global company.
Conclusion
1
2
5
3
4
The Flow.
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Top global companies
Wal-Mart Stores. (Market Value: $208 Billion) General Electric (Market Value: $213 Billion) Royal Dutch Shell (Market Value: $227 Billion) ICBC (Industrial and Commercial Bank of China Ltd) (Market Value: $227 Billion) IBM (Market Value: $238 Billion) Microsoft (Market Value: $273 Billion) Apple (Market Value: $546 Billion)
Global companies plan activities on a global basis. By operating in morethan one country benefits from savings or economies on activities suchas R&D, marketing, operations and finance are achieved which may notbe available to domestic companies
What is the definition of Global Company?
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How is knowledge managed in a globalcompany
Physical layout Appropriate KM functions and units
Cross-functional and cross-location teams
Centers of excellence Institutionalized, recognized areas of expertise
Socialization measures Job rotation, cross-office training programs, etc.
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AN ORGANIZATIONS STRUCTURES, SYSTEMS, AND PRACTICESTHAT FACILITATE..
WITH THE GOAL OF ENHANCING THE ORGANIZATIONSCOMPETITIVENESS
Global
strategy
KMmbeddingknowledgeDisseminatingknowledge
CreatingknowledgeOrganizingknowledge
How is knowledge shared in a global company
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1) Stocks of knowledge:Database and database
management systems to
collect and hold
information.
2) Flows of knowledge:
Communication channels
to connect individualsindependent of location
The FlowInformation technology
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Standardization
Create common structure andterminology
Define professional, business,
and human competencies
related to global strategy andKM goals
When you hire someone..you hire his or her network.
The flow..
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encourage socialization
Trust, commitment,
and an openenvironment are
essential for
knowledge exchangein networks
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Socialization examples Cross-office and cross-function trainingprograms
Cross-office projects
Job rotation
Slack shops allow time and provide resources to experimenton new ideas with others who have sameinterests
Informal events
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Nurturing a visionary organizationA well-conceived vision consists of two major
components:
(2) What we aspire tobecome, achieve, &create(changing)
(1) What we stand for & whywe exist
(constant)
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The first is the absence of a framework of global rules
1. The second challenge concerns the way in whichcompanies are organized and managed
2. The third challenge is about cultural diversity
3. And the fourth issue which isnt completely newbut which is certainly intensified byglobalization, is the question of corporateresponsibility for the externalities associated with
business activity
Problems and challenges faced by a globalcompany.
1
2
3
4
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The first is the absence of a framework of global rules. Business used to legal and regulatory clarity
No global framework to match the global nature of business
Trade issues are partially subject to agreement (although of course notall countries are yet part of the WTO process)
But environmental issues, investment protection, and questions ofintellectual property are not fully agreed
Companies are operating at a level of integration unmatched by law
meaning that a company based in one country must obey the rules ofthat jurisdiction but it must also and simultaneously obey the law ineach and every place in which it is
Problems and challenges faced by a globalcompany.
1
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The second challenge concerns the way in whichcompanies are organized and managed
The sort of global scale and reach which is necessary to be competitiveon an international scale requires a widely distributed set of operations
Companies to apply real delegation of authority, to establish exactlywho is responsible for what and to ensure that everyone, at every levelunderstands the framework of standards within which they areexpected to do their job.
In place of command and control we have to rely on a newcombination of corporate culture, values, and standards all of whichestablish an aligned intent within which people can make the day to
day decisions and judgments which are required.
2
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Problems and challenges faced by a globalcompany.
Cultural differences
Work-to-live
culture
Risk
avoidance
Knowledge
acquisition
Knowledge
sharing
+
+
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The third challenge is about cultural diversity Business is historically monocultural
The colonial approach to business is now a relic of history.
It is impossible to do business in China, or India, or Russia or indeedanywhere without employing local staff in senior roles it shouldnt belimited to ones country of origin.
Meritocracy is very important in sustaining motivation whatever theirbackground or nationality which means operating across culturalboundaries
Require people bridge the divides of different cultures
3
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And the fourth issue is the question of corporateresponsibility for the externalities associated with businessactivity
Global companies should be aware & clear of the limits of their ownlegitimacy when approaching the boundary line to understand their roleand impact in society
The resource sector faces particular issues of disrupting localeconomies International corporate activity can affect local labour markets andcurrency values which can also alters beyond recognition regionaleconomies.
Companies should work hard to apply its skills and technology to makethe impact positive.
14
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As international companies move into more countries it should help to
develop the capacity of those countries through education, trainingand the encouragement of institutions which can form a civil society
Global companies work and have a direct long term interest incontributing creatively to the development of strong societies insupport of national authorities but without challenging or pre-emptingtheir legitimacy
The new global context means that companies have a direct long terminterest in the development of the places in which they work, to adegree which is greater than our role in developed, industrializedcountries where established social systems are in place.
.
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Cross Country Knowledge presence helps organization to keepthemselves updated with the latest Knowledge updates
Helps organizations in improving policies and change organizationalcultural behavior
Brings all knowledge to the analysts fingertips. Social networking
technologies connect the business analyst to the right person withthe right expertise at the right time. Faster turnaround, increasedproductivity and higher work quality.
Improves developer productivity and efficiency. Developers can
access information on code and other data that has already beenproven to work. Easier task tracking within the
developer environment.
Conclusion
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THANK YOU
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