MAKING MORE KNOWLEDGEABLE DECISION
Why the topic matters?
The employees in the organization are required to make efficient and responsive decisions while functioning in the organization. This requires that good governance of the employees requires ethical practices. The decision making skills of the employees can be developed if they acquire the appropriate set of skills. This can help them in serving the challenging and demanding needs of the customers. The relevant work experience enhances the abilities of the employees and makes them capable of taking effective decisions. The organizations require employees who possess the speed and flexibility to meet with the organizational growth. All these factors as a whole strengthen the decision making ability of the organizations.
What the topic means for the organization?
The decision making skill and ability of the organization are essential for its success. The organizations must assess their skill and enhance themselves to deal with the situations accordingly. For integration of a holistic approach the organizations require using experts, technology, internal and external collaboration, learning a decision making and develop the individuals in such a way that they can take the required decisions on behalf of the organizations.
Developing the decision making competency in the employees requires that have the understanding in them which can benefit the organization. The employees must be aware of all the practices and they must request what may prove to be most beneficial for them. Besides this the communication capabilities and relating to others is also very important. The last factor is that the employees must be aware and they must take the decisions to deal with the risk which arise accordingly.
The framework shown below shows the importance of developing knowledge based competency of the individuals and the decision makers working in the organization. It is based on addressing five basic questions of who, what, when, how and why must the employees have the relevant knowledge of the organization (Winkelen & McKenzie, 2011).
What goes into creating an action plan for the topic?
The action plan of implementation can be applied using a maturity model. This applies the five factors which enhance the decision making capabilities of the organization and promote peer learning capabilities. The steps which may be used for applying the maturity model are following:
- Identify the group of people
- Provide copy of the model to everyone
- Ask them to relate their groups and teams for rating
- Make them set a goal to be accomplished in the coming 12 months
- Collect information and present it using a flipchart (River Diagram)
- Evaluate the factors and connect them so that they can grow
How can the topic be applied to your team's assigned organization which is Monsanto Company?
If the employees and the workers employed at Monsanto develop the required decision making capabilities then diverse decisions can be made by the employees. This will benefit the organization eventually. Monsanto and its corporate governance value the entire organization and they take measures of strengthening their workforce so that they can best use the organizational knowledge for taking appropriate decisions. Application of the maturity model framework and comparing the groups and teams will help the entire organization in developing and acquiring the skills which will benefit the entire organization.
USING SOCIAL MEDIA FOR KNOWLEDGE SHARING
Why the topic matters?
Through the web and social media the people acquire information and knowledge as they need it. This connects the individuals and supports them in managing their relationships when they are on the move. The new opportunity which the individuals wish to address has several implications for decision making, strategy selection and bottom line performance which the organizations desire. These practices challenge the ways in which the individuals collaborate internally and externally.
There are two mains reason why the organization collaborate and interact. These are firstly, knowledge sharing and innovation which forms an essential part of the organizational agility. Secondly, utilizing the changing technology appropriately so that customer requirements can be accomplished and competition can be sustained. Through appropriate collaboration of the employees voluntary and engaged participation of the employees can be acquired. Different types of working relationships are collaborative, co-operative, competitive and adversarial (Winkelen & McKenzie, 2011).
Social networking is being excessively used by the organizations, politicians and the individuals for supporting the efficiency, performance and accountability of the organizations. Several social programs are being implemented by the companies for promoting their brands.
What the topic means for the organization?
The use of the social media is excessively growing and several organizations are implementing the social media practices for improving collaboration. Wikis and blogs are used for content generation and synchronizing the work. This evaluates the benefits and risk associated with using these practices for promoting the organization. The social networking technologies help the organizations in developing networks both internally and externally. Social capital is developed by the organization when they excessively use the social networks. Externally the social media forums such as Facebook, LinkedIn and twitter are providing the individuals an ability to maintain diverse relationships. This enhances the knowledge skills of the individuals and it also encourages more participation.
What goes into creating an action plan for the topic?
Collaborating the workforce and has become a lot easier through the social media network devices. This tool has also promoted the methods of working virtually rather than only working face to face. In command and control environment where collaboration is considered difficult people can stay connected through the use of social media (Winkelen & McKenzie, 2011). Implementation of the social media software requires that the management hierarchy and the motivation and capability of the employees are acknowledged.
All of these factors relate the importance of introducing the social media network technologies to the organization and how it supports the collaboration of the employees. The choice of combining the personal and professional social practices is up to the organizations. This may determine the benefits which the organizations might avail from such collaboration.
How can the topic be applied to your team's assigned organization which is Monsanto Company?
The use of social media for the purpose of knowledge sharing will excessively benefit the organization. The reason for this is that Monsanto facilitates the farmers throughout the globe. Allowing the workers to collaborate on the social media will enhance the knowledge and make the workforce capable of collaborating with each other. This will also enhance the decision making capabilities of the employees. Application of various models of integrating the use of social media software’s discussed above will increase knowledge sharing and it will also enhance employee collaboration.
TRANSFORMING RELATIONSHIPS AND STRUCTURES IN ORGANIZATION
Why the topic matters?
Transformational Knowledge Management (TKM) is the process of re-framing an organization and adapting it to the knowledge economy. In this industrial era the business practices are reforming. The organizations require adapting to the changing world and transform the way in which knowledge is utilized. The organizations are giving high priority to employee engagement. A study showed that 74% of the organization emphasize on knowledge management between 2000 and 2004. Connectivity through internet and social websites has vested sufficient powers to the employees. This has reformed the internal corporate structure of the organizations and has brought excessive agility to the system.
What the topic means for the organization?
Changing environment gave rise to two dimensions which are the assumptions made by the business on the basis of which the organizations transact with the society and methods which are used by the individuals to transact with the organizations. On the basis of these dimensions the boundaries are set (Winkelen & McKenzie, 2011).
For promoting knowledge worker relationship and making the internal system of the organization more agile it is necessary that the structure and relationships are reformed. Different forms of networked organizational structures are
- Centralization or distribution of power which is derived from critical knowledge.
- Attract interested people to engage and share.
- Knowledge influenced from change.
The organizations cannot implement or adopt the methods used by others. They need to develop a system which can align appropriately to the organizations structure.
What goes into creating an action plan for the topic?
For employee management it is essential that measures are taken for improving the future. These can be done by applying initiating techniques. These are the following
- Appreciating planning and action
- Ice breakers and creativity techniques
- Macro-environmental analysis
- Scenario Analysis
- Creative visualization through mapping
- Storytelling
The new ways which have been prescribed for organizing the new types of relationship are
- Employee Engagement
- Talent Management
- Organizing for Collaboration
- The Social Context for Knowledge Work
The mean reason for all these actions to be implemented is that all the key topics are emphasized and for developing innovative policies and practices. These policies distinguish the procedures adapted by the organizations for valuing the knowledge attracting individuals, groups and other organizations.
How can the topic be applied to your team's assigned organization which is Monsanto Company?
All these methods discussed for transforming the organization structure and the relationships of the employees can be applied on Monsanto. It is necessary for applying this process so that new ways can be designed for engaging the employees and engaging them together in a social context. An organization which functions collaboratively and engages constantly with each other’s successfully generates the targeted goals of the organization. Monsanto is a global company which provides agricultural products and solutions. This requires valuable knowledge communication between the employees for acquiring better results.
References
Winkelen, C. & McKenzie, J. (2011). Knowledge Works: The Handbook of Practical Ways to Identify and Solve Common Organizational Problems for Better Performance. Hoboken, New Jersey: John Wiley & Sons.
