Executive Summary: - What we want to do
Vision
XYZ is an innovative financial technology firm with a creative workforce working to distribute, share and co-create solutions to maintain an organisational learning for sustained continuity and effective strategic decision making.
Mission
To enable and sustain effective Knowledge creation, documentation, sharing throughout the firm and provide an effective communication tool for technical/non-technical guidance.
Goals
I. CAPTURE: To identify, create and capture critical knowledge requisite for the firm’s core activities
II. RELATE: To ensure Knowledge flows smoothly across the organisation’s stakeholders from ones who have it to those who need it.
III. CO-CREATE: To enunciate experiences shared
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has been a leader in financial technology innovation and implementaaation for our country. After extensive consultation amongst senior leaders, a KM program has been thought of as necessary for the future growth of the firm. This will catapault our maturity as a corporation and be a leader in the domain of Knowledge Management for our industry.
Knowledge Management is a necessary step to provide disciplined framework, access and technique for sharing knowledge across the Organisation and provide employees the means to act better, faster and efficiently. This program is designed to create lifetime, long term value for the the firm.
The plan is to establish a formal KM program for the corporation. It provides a strategic roadmap targeting the four primary aspects, people, processes, tools and governance and how to align them for successful implementation, change management and lasting value creation for us.
The APQC acknowledged framework has been used as a reference for guidance. Today, as a firm starting to understand the value of a sustined KM program, we are a Level 1 KM organisation. Our goal will be to implement KM with commitment from all major stakeholders and support from senior management and reach Level 4 in 5
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XYZ Fin-Tech Co. Knowledge Management Goals
I. CAPTURE: To identify, create and capture critical knowledge requisite for the firm’s core activities
II. RELATE: To ensure Knowledge flows smoothly across the organisation’s stakeholders from ones who have it to those who need it.
III. CO-CREATE: To enunciate experiences shared in projects/daily operations, lessons learned, possible flaws, best practices, conclusion deriving though processes to reduce knowledge and experience gap and give direction for future endeavours.
IV. ASSIMILATE: Through creation, capture, co-creation and assimilation, the barriers to sharing of knowledge is to be removed to transcend the firm as a global driver for Fin-tech innovation and implementation.
XYZ Fin-Tech Co. Knowledge Management Components
• PEOPLE: Involves all stateholders of the organisation and anyone associated with the KM implementation, use and governance. They are the most vital for a successful enterprise wide KM
In addition, the paper also examines the department’s current strategic plan and assesses its chances of success.
- working with working staff to set up strategies, models and frameworks. - Setting client administration measures & assuring that the current standards satisfy the customers & helps retaining them. • Coordinating with the workers themselves can help effectively in setting appropriate models for the procedures & systems because they are the ones who interact directly with raw materials and producing the products, so they would know better if anything in manufacturing needs improvement or so. • It is important to satisfy the current customers in different possible ways in order to retain them which eventually leads in attracting more customers as well.
Performance objectives? Strategies? Action Steps for
Business Planning Activity – Notes Only Document (Please answer each question thoroughly and retain a copy of this information for your records) 1. Describe your vision for building your practice at Edward Jones. How do you plan to add value to the clients and communities you will serve? My vision for building my practice at Edward Jones is to provide the best financial service and knowledge to those in my community.
Introduction A company’s success is measured by how well it is structured and organized in order to adapt to the changes in environment as well as the changes within itself such as the company’s scale, employees, product scope, etc. Having a suitable, well-structured organizational frame will not only increase the chance of being success but also prolong the company’s lifespan compared to an un-structured one. It is important to note that an organization’s structure needs to fit in with the current situation and does not necessarily required remain unchanged over time. Taking Dynacorp as an example, even though its functional structure contributed to the vast growth of the company at the start, its limitation in dealing with the changes within
LEARNER’S NAME: EMMANUEL DIBIAGWU ASSIGNMENT 2 UNDERSTAND HOW TO DEVELOP AND MAINTAIN EFFECTIVE WORKING RELATIONSHIPS 1.1 Explain the benefits of effective working relationships in developing and maintaining the team (20 marks) The benefits of effective working relationship in developing a team include the following: Improved Morale Good working relationships in teams help to improve the morale of team members. When there is effective working relationship among employees as well as managers, the employees feel that they are respected, and their voice are heard, thereby fostering an enabling workplace full of energy and overall happiness. Effective working relationship between employees enables them to support each other when improvement is called for and helps to develop their esteem.
We will provide on-going development towards our product and customer services in order to become the best in terms of customer value, employee talent and predictable growth so that it may achieve competitive advantage in this
Chouaib Elhajjaji Written assignment 3:“Corporate Culture at Herschend Family Entertainment” pages 318 – 320 (Questions 1-5) Due Date : Wednesday 25 November , 2015 GRADE_________________ 1-The characteristics of corporate culture elaborated in this chapter were the following. Corporate culture is shared, a provider of guidance, a provider of meaning in the organization, top heavy, a constellation of values, a dynamic constellation of values, organic, inclusive of life values. Choose three of these characteristics and show how the culture Manby promotes at Herschend Family Entertainment relates with each one.
Abstract The strategic change cycle is one of the processes within strategic planning. This cycle is a ten-step process created to assist organizations in meeting their mandates, satisfying their missions, and constructing public value. “Strategic planning is intended to enhance an organization’s ability to think, act, and learn strategically” (Bryson & Alston, 2011). Introduction Strategic planning is “a deliberate, disciplined effort to produce fundamental decisions and actions that shape and guide what an organization (or other Entity) is, what it does, and why it does it” (Bryson & Alston, 2011).
The model that we selected for our practice run and actual simulation was Low lifetime cost. We decided to implement this strategy to improve quality and customer satisfaction. Delta Signal Corporation was initially an innovative supplier that developed a wide range of products, however, these products lacked quality and customer satisfaction. Through our simulation, we hoped to combat these issues by deliberately focusing on high quality and achieving customer satisfaction while still providing low-cost products.
Introduction This case study explores the acquisition of the Body Shop, which is one of the largest franchise cosmetics companies in the world, by L’Oreal. The main concentration of the case study aims at investigating the impact on business ethics and corporate social responsibility by the concentricity of the Body Shop and L’Oreal and how the general attitude and buying behaviour is distorted in the course of this acquisition. L‘Oreal being the big conglomerate in the cosmetics industry acquired the Body Shop International which is comparably small but having iconic brand of environmental and socially responsible concerns, on 17 March 2006, through a covenant of $1.2 billion. The combination of two brands in a newly formed conglomerate implies a combination of values, principles and associations that might affect a company’s appeal. The verity that L 'Oreal 's acquisition of the Body Shop provides plenty of potential growth opportunities is undeniable; nevertheless the question of how well the acquisition sits in the group of the world 's largest cosmetics company is another matter.
Process and tools Target Corporation uses tolls and process for product safety and quality assurance. The company assesses a program for risk –based product safety and quality at every stage in the product life cycle, from development through the life of brand product. Target global team implement a program across 36 countries and 2228 factories producing target product, during the process will require independent third-party testing to validate safety and quality before the guests purchase product. the vendor in the company are expected to employ best practices, including clearly defined and well-documented manufacturing and quality processes including staff training , and record keeping. What does the TC required to do the job?
Apple understands that a knowledge management system is a complex system consisting of both the people who work in the company, processes, procedures and information systems that drive their
SUPERMAX Corporation Berhad should be aware of their cultural differences in the workplace. Since there have a lot of different race in Malaysia and also most of the workers are from the different background so it can easily cause communication barrier happen between all the workers within the workplace. SUPERMAX should treat this issue seriously and handle it properly in order to avoid misunderstanding and tension between employees. It is vitally significant that there is a good relationship between all the employees and also the superior because it can affect the company’s productivity and efficiency. SUPERMAX should have cultural sensitivity in order to create a harmonious atmosphere in the workplace at the same time it can improve the performance of the company.
Table of Contents 1.0) Executive Summary 3 1.1) Objectives 3 1.2) Mission 3 1.3) Keys to success 3 2.0) Product and Services 4 2.1) Sourcing 5 2.2) Technology 5 3.0) Market Analysis Summary 5 3.1) Market Segmentation 6 3.2) Target Market Segment Strategy 7 3.2.1) Market Trends 7 3.2.2) Market Needs 8 3.2.4) Market growth 8 4.0)