Organisation Essay Example | Topics and Well Written Essays - 2000 words

Organisation - Essay Example Introduction Securing the effectiveness of organizational strategies is one of the most critical challenges for managers in modern businesses. On the other hand, the elimination of threats in a firm’s environment is not feasible. This means that failures cannot be avoided but they should be rather used as indicators of organizational weaknesses that need to be addressed without delay. In practice, it has been proved that the effective management of knowledge within organizations can result to the limitation of failures, either in the short or the long term. The literature published in regard to this subject shows that the establishment of appropriately customized knowledge management systems can help organizations to control all aspects of their activities so that organizational goals are achieved. The practical implications of such project are explained in this paper by referring to Speedo Ltd, a firm operating in the British automotive industry. Since its establishment, in 1 997, the organization had to face a series of critical operational problems. Through the years it was made clear that these problems were related to the firm’s inability to manage knowledge. ... the firm’s existing knowledge management strategy could secure organizational growth, even if the benefits of the relevant project could appear with delay. It should be noted that the knowledge management strategy proposed for Speedo Ltd could be also used, with minor changes, in firms in other industries that face similar problems. 2. Speedo Ltd – Company Overview 2.1 Structure The head office of the organization is in South London. The firm’s branches across UK are estimated to 12, covering all regions of the country. All key decisions are developed in the head office where the strategic planning unit of the organization is located. Managers in branches have the power to make suggestions in regard to a series of operational issues but their potential to influence the firm’s critical projects is rather limited. The central database of the business has been implemented in the head office, where all critical organizational departments, such as the HR depart ment, the PR department and the financial department of the business are based. Employees working in branches do not have full access to the database’s data; the firm’s IT network has been arranged in such way so that the information provided to the user/ employee is filtered as of its necessity for the task assigned to the particular user. This means that each employee/ user is authorized to access specific parts of the firm’s central database. This practice has helped to reduce failures in regard to the safety of the firm’s data. 2.2 Purpose and culture The firm focuses on the sale of news and used cars of different characteristics. The firm’s founder, John Peterson, has tried to promote communication and cooperation across the organization. The phrase ‘Trust and speed in communication’