Knowledge Management and Information Systems

Knowledge
management and
Information systems
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INTRODUCTION...........................................................................................................................3
MAIN BODY..................................................................................................................................3
1. Organisational overview along with corporate objectives, structure and business model......3
2. Internal or external factors which affect the organization.......................................................4
3. Recommendation regarding information system.....................................................................7
4. Three key management implementation challenges in implementing recommendation.......10
CONCLUSION..............................................................................................................................11
REFERENCES..............................................................................................................................12
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INTRODUCTION
In the contemporary world information systems of knowledge management are essential
because they help to develop, monitor, navigate and use data resources and various strategies.
Knowledge management is a method that saves information and if necessary then retrieves the
data. In addition to the data process, knowledge and digital materials stores are defined as an
interconnected component collection. Aston Martin, founded by toe personalities in London,
UK, who are Lionel Martin along with Robert Bamford, is considered to recognize knowledge
management addition to information system. The organization is the world leader in the
manufacture of individual automobiles. Corporate executives look after updating their IT
networks and working together with other companies to introduce modern data management
systems in their luxurious sports cars. The report underlines the company's organizational
objectives, structure and business model. Furthermore, by looking at external variables in
addition to competition across three models, it assesses the strengths, threats and prospects and
weakness of organisation.
MAIN BODY
1. Organisational overview along with corporate objectives, structure and business model
Aston Martin is a well-known automotive manufacturer specialized in making massive
tourers and luxury cars by using advanced technology. The business is made up of approximately
150 car dealerships in more than 50 countries on six regions (Aston Martin, 2020). The company
has made a range of developments through IT systems and has achieved traction in the
development of electric vehicles, automotive technology computational, self-driving and many
others in competitive industries. As listed below, its main components are:
Corporate objective: the company has made it transparent that its internal decision
taking in relation to strategy and planning is a practical goal. Aston martin's goal is to become
the best across all areas of industry. In addition, the organization is working to provide
consumers with outstanding experience and to grow business in new markets. With the corporate
aim of achieving productive business results, the whole team aims to achieve the desired
efficiency.
Business overview: Robert Bamford and Lionel Martin in London, England set it up the
year 1913 for Aston Martin. The management team is primarily responsible for the successful
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management and group leadership of day-to-day operations of the company. The business works
hard to expand its presence in various places worldwide and has succeeded in generating jobs for
up to 5,000 workers in its different locations around the world.
Organisational structure: the corporate structure is sufficiently solid in Aston martin's
sense to handle business every day for success. The structure of unit is introduced at the firm's
properties in which it has developed various departments, such as marketing, IT, development,
financing and so on. All its various divisions and personnel are effectively linked. In addition,
the company's programs may require collaborating with other agencies.
Organizational management model: the high-level business plan developed for the
function of a specific company is listed. Aston martin's business model is built in the manner in
which all monetary activities are associated with non-financial steps in the linear and logical
chain to define value-generating activities.
2. Internal or external factors which affect the organization
In order to assess key strengths, weaknesses, threats and opportunities in the market, a
good company applies different models. In addition, corporate managers also emphasize
environmental factors affecting activities and generating market problems. Aston Martin's
managers are using the following methods in order to analyze opportunities, strengths, obstacles,
weaknesses, environmental factors along with competitors:
SWOT Analysis
This approach used by corporate managers to assess strengths, weaknesses and risks in
addition to company potential, is addressed with the help of SWOT Analysis.
Strengths:
• Aston martin has a strong and professional staff that doe’s hard work, in addition to
introducing high-quality technology and high-performance cars needed by diverse
customers.
• The business has operated in around 50 foreign countries and sells various vehicles that
can be used in all fields as well.
Weaknesses:
• Aston Company's market share is limited to other automotive organizations.
• In the industry, the company has several types, limiting customer options.
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