For example, recent innovations in knowledge management systems software has been praised because it enables users to do more than search for information and store and provide access data. Knowledge management software is a tool of empowerment because it allows users "to create and share expert profiles and submit questions to be answered by the pros. Knowledge management systems have to be continually updated. Expertise management software is inherently dynamic, and it puts the burden on the software -- not the user -- to sort through information and determine its value, and its author's merit as an expert. And because most expertise management systems point to content rather than store it, it requirements are minimal" and more cost-efficient (Kaplan- Leiserson, 2008, p.1). To deploy the value of such a new type of software, however, a manger must not simply say to him or herself: 'a less costly and more interactive form of software is required,' he or she must be able to keep abreast of industry trends and put them into action (Kaplan- Leiserson 2008).
Managers must understand technology's potential and how employees will interface with that technology. Technological flexibility and change must be integrated into the modern organization's infrastructure, marketing, and staff. Organizations that fail to understand this, fail to thrive, even organizations with great strengths. Even Microsoft, the technology behemoth, is finding itself falling behind in the new, global environment in terms of fusing technology with people savvy. In an effort to compete with Google and Apple, "much of Microsoft's new spending will go for research and development to further improve its Web search engine and advertising technology. Microsoft will boost its marketing efforts to draw users to its Net offerings. And it will plow more money into expensive infrastructure technology to offer ever more services online" (Greene 2008). Microsoft's difficulties in effectively adapting to the challenges of the modern commercial environment by relating to younger users, as Apple has done with marketing its iPod, or by fostering a corporate culture that is innovative like rival and search engine megastar Google shows the advantages newer organizations sometimes enjoy in the modern environment. Microsoft illustrates no matter how dominant a company may be, it still must respond to changes in the market environment. Knowing how human beings think and know technology functions in relation to human beings is not seen as separate capacities by forward-thinking companies, rather using technology in a human fashion is part of the newest and most successful organizations such as Google. 'Camp Google's fun workplace environment that keeps employees at the organization through its palatial offerings of gyms, gourmet cafeterias, and team-building activities keeps its employees in a constant state of virtual and real world connectivity to the company mission -- and productivity.
Companies that have failed to innovate, or worse, have seen their goods and services left in the dust because of technology include those institutions as well respected as the New York Times. As people can access the Times on their computer screen, with some exceptions, combined with decreased news readership in general, fewer and fewer individuals are willing to pay for news service. Valuations of the company have fallen to unprecedented levels "Wall Street is saying there is no future to a lot of media companies" (Yarrow & Fine 2008). Or at least media companies that do not capitalize upon new technology in an innovative fashion and give the customer of tomorrow what he or she wants. Communication and technology are fused in the current era -- relating to others, relating to consumers, understanding effective methods of communication in the digital age, all require knowledge of the capacity of technology, particularly when communicating to a global audience. It is estimated that "the impact on technology will cause newly developed wireless devices to become the primary communication, content and application access devices globally by the year 2018" and that from books to news to music, more and more people will be using the web ("Wireless...
Technological Fix and Anatomical Body 19th and 20th Century Surgical Fixes During the 1800s, surgery had become a common medical procedure due to the discovery of anesthesia which was used in reducing pain during surgery.[footnoteRef:1] In addition, technological fixes were in place for correcting medical conditions such as the removal of tumors. During this period, medical practitioners were able to describe the locations of structures in relation to other structures in the
Knowledge worker is someone employed more because of their specific informational expertise or mastery of a subject or process instead of their ability to perform manual or physical labor. These individuals will tend to advance the information available about their subject because they are able to devote their time and energy to focused analysis, or even redesign and development of a process. They are somewhat like the pure researchers of
At present, large companies tend to have knowledge management strategies, because they can be integrated into information management strategies. IT and other technological companies have KM strategies, but so do many other firms. Creative firms such as advertising agencies, research firms such as pharmaceutical companies and firms whose business is based on acquired knowledge such as legal firms all place strong emphasis of knowledge management. In future, as more
This approach has resulted in a successful just-in-time learner driven training program that uses scenario-based simulations to provide low cost training that workers can access when and where it is needed (Kelly & Nanjiani, 2005). This is an example of how Toyota has traditionally adhered to its fourteen principles (see Appendix a) and worked to maintain an organization in which knowledge management is paramount. Organizational Development Almost every organization professes to
Knowledge Management Toolkit A data warehouse encompasses and provides access to all the company's information to whoever needs access to it. A warehouse literally means a storehouse, and the information within an organization may be distributed within one computer or with many computers, form one single warehouse. They may contain several databases and all types of information, and in a large variety of different formats. However, all the above information and
Technological Globalization Results Expanded Efficiency in Service of a Diversified Customer Base IT plays a huge role in adapting corporate strategy in order to increase the efficiency and service towards a new, and more diversified consumer base. Essentially, "greater efficiency can be achieved by dividing the overall problem-solving effort into tasks, showing maximal interaction" with the new market environment (Arora et al., 2004). IT must take over and assign Research and Development
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