Therefore, Management Information System (MIS) is an important tool or system that used in an organization. Management Information System (MIS) provides the manager about the information on the past, present and future project from inside or outside the organization. (“Various Advantages of Information Management Systems,” n.d.). It provides the manager a reliable information from a range of sources and present the information in a readable and logical format. Thus, manager can uses the information more efficiency in planning, controlling or decision-making process.
Customization: the tool supports customization and are user friendly. The usability will promote the reuse of these tools through which the intention of KM can be achieved. Some tools available for Knowledge Management 1. To access the knowledge: These tools are used for knowledge retrieval, they work on the indexing feature classifying the knowledge based on the content and through collaboration dynamics. 2.
The wealth of data collected across an enterprise needs to be appropriate, consistently and accurately brought together – integrated – to provide timely and reliable information. The data chain of trust from source to integration needs to be clear and well documented,at which point the resulting integrated view can then be considered the source of truth for information to support the reporting, measurement and analytics needs of an organization. Ensuring this data chain of trust requires hands-on governance over the establishment and maintenance of data sources, definitions and uses. The same data element can be collected into more than one
Better visibility is a result of good connectivity and enables channel partners to quickly identify a possible problem. Collaboration is the next step that enables a joint response from the channel partners to best deal with the problem that arose and to be ‘adaptive’ is the ability of the channel partners to respond to and thrive on unexpected changes as they emerge. The ‘network’ refers to the dynamic compendium of all the business partners’ supply chain technology tools collaborating to ensure increased benefit across the supply
structure, IT governance, communicating goals and objectives to responsible persons. Also the internal auditor should define best practice for business procedures, policies, processes, risk identification techniques and control implementation. He should furthermore advise the cooperate team on leveraging technologies, adequate knowledge transfer, certification and training for audit team and other relevant end users in order to create value through Accountability: Identifying responsible persons, objective assessment and evaluation of evidence, ensure compliance to internal regulations and efficient running of business process and operations. In addition flexibility (to meet changing
ICM, appears to be more concerned with the measurement of intangible assets. The article elaborates on OKM as the core pillar of Knowledge Management, it considers to what extent in managing performance of an organisation’s key strategic areas effectively may help an organisation more in sustaining its competitive advantage by leveraging on human oriented and system oriented knowledge assets. The authors went further to explain how one can go about implementing the targets produced by one or more of the pillars, by considering one of the ‘four complementary forms of integration’ (Turner & Minonne, 2010). They prove this idea by making use of a field
Importance of Measuring Communication Effectiveness: i. Highlight key issues and pinpoint critical areas for action: Advanced statistics helps the brand managers to know how and where to start to have the maximum impact of the advertising outcome. It helps the organisations to identify the key areas
We believe that this is possible by giving the organization correct training, in additional to a continued development of CRM with more flexibility of using (apps, speak recognition, connection to external sources, becoming more like a “social media” platform) as well as systems including algorithms which will help the business to extract information for value creation purposes. As several issues with current version of SuperOffice CRM and systems alike have been identified, we have looked at the strategic options above from a value configuration perspective. In business it is important to reach for sustainable competitive advantages and in software development it is not different. A close interaction with end customers is important to be able to continue development at a speed and direction that makes competitive advantages possible. Targeting user-friendliness and focus on extracting valuable information from the CRM may give SuperOffice a rare, inimitable and non-substitutable offering.
I. Introduction That strategic alliance could take advantage of knowledge sharing and other resources is one of the most crucial reason for organizations to more and more involve in different types of interorganizational relationships (IORs). Utilizing those sources of knowledge sharing, organizations collaborate with each other to reduce uncertainty and support innovation. In those IORs, parties are suggested to build trust as one of the concrete conditions for successfully exchanging knowledge (Blomqvist, 2002; Parkhe, 1998; Sako, 1998). Trust not only facilitates communication, information sharing but also reduces conflicts in and within teams (Blomqvist, 2002; Creed & Miles, 1996).
Internal Control System An internal control framework envelops the arrangements, methods, assignments, practices and different parts of an organization that, taken together: ■ encourage its viable and productive operation by empowering it to react suitably to noteworthy business, operational, monetary, agreeability and different dangers to accomplishing the organization 's goals This incorporates the shielding of benefits from unseemly utilize or from misfortune and extortion, and guaranteeing that liabilities are recognized and oversaw; ■ help guarantee the nature of inner and outside reporting. This requires the support of legitimate records and courses of action that create a stream of convenient, pertinent and dependable data from inside and outside the association; ■ help guarantee consistency with appropriate laws and regulations, furthermore interior approaches concerning the behavior