Managing Communications, Knowledge and Information
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This document provides a comprehensive guide on managing communications, knowledge and information. It covers topics such as decision-making, information and knowledge requirements, assessing internal and external sources, stakeholder identification, communication strategies, and improving communication processes.
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Table of Contents INTRODUCTION...............................................................................................................................3 1.1 Range of decisions to be taken for Zara UK market penetration plan..........................................3 1.2The information and knowledge needed to ensure effective decision taking...............................4 1.3 assess internal and external sources of information and understanding.......................................4 1.4recommendations for improvement.............................................................................................5 2.1 identify stakeholders for a decision-making process....................................................................5 2.2 make contact with those identified and develop businessrelationships.......................................6 2.3 involve those identified in the decision making as appropriate....................................................6 2.4 design strategies for improvement...............................................................................................7 3.1Report on existing processes of communication in an organisation.............................................7 3.2Design ways to improve appropriateness.....................................................................................7 3.3 Implement improvements to ensure greater integration of systems of communication in that organisation.......................................................................................................................................8 3.4 Create a personal plan to improve own communication skills.....................................................9 4.1 report on existing approaches to the collection, formatting, storage and dissemination of information and knowledge...............................................................................................................9 4.2 carry out appropriate changes to improve the collection, formatting, storage and dissemination of information and knowledge.........................................................................................................10 4.3 implement a strategy to improve access to systems of information and knowledge..................10 CONCLUSION..................................................................................................................................10
INTRODUCTION Managing communications, knowledge and information is the need of today’s market. It promotes the business to grow and be productive. As today’s market demands to be more verse with technology and communication. This scenario its needed to have a competitive edge over other firms. So its very essential to manage communications, knowledge and information. To have a successful business like Zara , its very essential to maintain and mange the knowledge of business and market with the help of communication with the help of advanced technology. Zara is the world’s largest apparel brand. The present report is based on the challenges which has been faced by the retail sector(Yates, Paquette 2011 ), this report aims at improving the communication both within the organisation and with the organisation. It has also been included that how IT systems has managed the tools for collecting, sorting, disseminating, and has provide access to knowledge and information. 1.1 Range of decisions to be taken for Zara UK market penetration plan Zara is the most profitable brand of Inditex SA, and they have maintained the internal and external communication very well. For assessing knowledge and information certain decisions are required to be taken. For meeting the goals and objectives of a business entity certain course of actions are taken by the decision takers. Range of decisions that are needed to be taken for penetration of Zara in the UK market involves decisions of: Top level management: decisions regarding objectives of the new venture of Zara are taken by the top level management people like chief operating officer, chairman.it also includes whether to outsource or do in house operations. Middle level management: the decisions regarding the funding and resource allocations are taken by them, resources like financial , human resources etc. are managed by them. Coordinators: they are responsible for the smooth functioning of various departments such as finance(Holsapple ., 2013 ), human resource, marketing etc. Departmental heads: the decisions which they take includes the decisions that takes place in their processes. 1.2The information and knowledge needed to ensure effective decision taking The information and knowledge is required for the effective decision making as without them the decisions cannot be made rational, when Zara decides to penetrate in the UK market the senior level management must be aware of the companies goals and objectives, and they have knowledge of every department. That helps them to give them targets the coordinators ensure them to be in constant touch with departmental heads so as to bring coordination in the activities. They must have information regarding the short term plans and problems that the employees face. This knowledge has helped the team for functioning in a better way(Borghoff
and Pareschi ., 2013 ). The knowledge about the weekly targets has been with the employees. And they should also know about how the organisation is going to work as per the future plans. And the duties and responsibilities of lower level workers must be communicated to them properly. The information that is needed for the better managing of communication and information is needed on qualitative and quantitative front, as it helps in governing the bottom line of the company. 1.3 assess internal and external sources of information and understanding The immediate superiors have the maximum information in Zara and they have the accurate data with them. The next major source of information that can be assessed is online website of new business. These websites have detailed knowledge of the clothes and they help them in advertising and marketing. the internal source of information that the business comprises of is the internal reports of the Zara business. Say for instance total sales of the store report, the financial statements of are comprises of its internal reports which generally include balance sheets , profit and loss statements etc. the external reports include the information that the outside agencies surveyed about the company and the investigations that are done by them. They are basically in printed form, articles online and news, broadcast reports, brochures and newsletters(Kebede 2010 ). There are whistle-blowers in every organisation which gives the information. It can be negative as well as positive, may help the top level management to make strategies according to the information flowed. 1.4recommendations for improvement There is no such individual approach that should be followed by brand like zara for its market penetration in UK. in fact for synergy effect they should integrate all the approaches together. The improvements that can be done for better communication can be done by identification, capture, organisation, sharing and evaluation of the sources of knowledge that the managers use to manage the new venture in UK. The relationship with the employees should be maintained and they should be managed properly. This will be helpful in decision making as they employees too will take the project seriously and they will be attached to it and give better advises. The another thing which could help Zara to grow is to design a awell structured plan and it should be defined well. It will improve the quality of source of the information(López-Nicolás Meroño-Cerdán 2011 ). Only that information must be assesses whose source is authentic and others should be neglected. The information from whistle blowers must be taken under consideration as it will help them to make better and informed decisions.
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2.1 identify stakeholders for a decision-making process People who affect the business or are affected by the business are known as stakeholders. Either they are a part of the business itself or have an influence on the business. The stakeholders may be classified as: Internal stakeholders: The people who are in the organisation are the internal stakeholders of an organisation. This includes the stockholders, employees, customers, creditors, suppliers and the processes within the organisation. This includes the function like planning(López- Nicolás Meroño-Cerdán 2011 ), implementation, coordination, evaluations and control. External stakeholders: The government agencies, competitors, public communities and media are the important external stakeholder of a business. The external stakeholder generally do not directly participate in the day to day functions of the business, but their views and cooperation’s towards the activities play a very important role in influencing the business functioning. The different stakeholders have varied interests in the business. It is important to identify the stakeholders properly and analyse their interests as it widens the horizon of the though process and helps in better generation of ideas. 2.2 make contact with those identified and develop businessrelationships As mentioned above, maintaining a proper communication with stockholders is also very essential as they are very important element of the business. While dealing with stakeholders, the communication plan should include following: Information related to all the keystakeholders should be noted. Consideration of the requirements of the stakeholders should be done. Relevant content like goals(Choi Lee Yoo 2010 ), mission, vision, objectives etc, should be containing in the communication with stakeholders. For developing business relations with the stakeholders the different communication techniques are: Direct mail: - Using the system of this the information can be send to the internal stakeholders Discussion Forums: - to know the views of both internal and external stakeholders the organisation may have discussion forums
Advertisements: - Advertisements via print or media Meetings and Conferences: -conducting meetings and conferences also used for the communication with stakeholders Personal interviews: - the stakeholders can be made a part of the decision making process in an organisation by taking personal interviews of the stakeholders and getting first-hand information from them regarding their opinion or experience about the business. 2.3 involve those identified in the decision making as appropriate In an organisation, the key stakeholders of the business like competitors, customers, creditors etc. need to be an active part of the decision making process. With some of the important stakeholders, sometimes, the top level management also engages itself in personal interviews. Individual or group mails are also sent to all the stakeholders to know about their point if view at large(Schwalbe ., 2015 ). By calling a meeting or a conferences the organisation to take the feedback, an opinion of some of the major stakeholders. There should be also a level of mutual trust and confidence exists, in the relationship between an organisation and the stakeholders. The organisation should give access to the right information to its stakeholders by trusting them. Similarly, the stakeholders have the responsibility to maintain the confidentiality of the information shared by the organisation with them. Between the organisation and its stakeholders, a healthy relationship is required. Therefore, it is two sided affair. 2.4 design strategies for improvement It is important to connect with each and every group separately and identify their requirements for contacting and engaging stakeholders in the decision making of the new business in the retail sector. Meetings can be held for ensuring that a solution which is acceptable to all is reached while discussing common topics of interests. The representatives of the customers, shareholders, community and union can be contacted to avoid the situation of chaos(Klusch 2012 ). Strategies like annual meetings, recreational trips especially with the internal stakeholders. To build a network and maintain personal and business relationships with associates the use of social networking sites like LinkedIn and Facebook is being done 3.1Report on existing processes of communication in an organisation To ensure work efficiency and achievement of goals, communication in an organisation i.e. the flow of information regarding the different process of the organisation , is important. The various methods of communication which can be used are:
Face to face: the organization and the stakeholders may discuss the issues, if any, by interacting face to face . Letters and e-mail: information can be transferred both to the internal as well as external stakeholders through electronic mail system or by letters. Meetings and conferences: for flow of information to the both internal and external stakeholders, organizations conduct meetings and conferences. Advertising: through the method of advertising, the organization may address an issue to a large segment of stakeholders at once(Von Krogh ., 2012 ). It is a method of mass communication. Internet: the internet with the increased use of technology, is widely being used as a medium of communication with the internal and external stakeholders. Notices and memos: to provide a written document of evidence for the information to both the internal and external stakeholders, notices and memos are used. Team briefings: this method is generally used for internal stakeholders. Reports: useful information to the stake holders regarding the functioning of business is issued by the organizations through the issue of reports. 3.2Design ways to improve appropriateness Distortion in communication causes miscommunication or improper understanding of the message. This occurs because of wrong choice of medium which causes Misunderstanding and uncertainty. The risk of wasting time and money increases. There are two types of communications- horizontal and vertical. The flow of information between different levels in an organization is vertical communication(Jones and Sallis 2013 ). Flow of information between the people at the same level is horizontal communication. The letters and e-mails are a means of one sided communication. Letter is a timetaking process. The major problem with this type of one sided communication is that only either side can express its view at a time. Reports, notices and memos are though written, but it provides one sided information only. Telephone is though instantaneous method of communication but neither the result nor the course of discussion is documented. No reference can be obtained if a person wants to refer to the result or steps which led to the conclusion. Advertising although being an effective mass communication method for addressing a larger audience , is a time taking process. Seeking the reaction of the stakeholder is also a difficult task.
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3.3 Implement improvements to ensure greater integration of systems of communication in that organisation Whether in oral or written form, lack of proper communication skills can pose a big problem. Proper way of communication is very important. To reduce the complexities in the communication process, the organization could be structured hierarchically. the organization needs to introduce a common LAN and intranet facility where the communication stays within the organization to ensure greater integration and successful passing of the information from one department to another. As only the company employees would be able to access company information, the company wide communication can be shared securely and freely with the employees. To further avoide miscommunication and misunderstandings, important communications shall be shared through face to face meetings rather than on e-mail. The employee grievances and complaints should be addressed through a common channel so it can be tracked and addressed considering the priority(Galliers and Leidner 2014 ). Emails should be used for only informal communications but that should also be through the company intranet LAN. 3.4 Create a personal plan to improve own communication skills A communication plan is a road map that would help me in communicating information.the strengths and weaknesses of my own communication skills are as follows- Strengths Verbal communication Written communication Regular follow-up Weakness Communication in meetings Group communication To be a part of maximum possible meetings and group communications, weaknesses could be improved. One needs to be aware of the fact that Every individual in a group communication understands, comprehends, and replies in the way they seem desirable. The communication thus should be clear(Eliasson ., 2012
), crisp and concise. The agenda should be communicated well in advance before attending any meetings. The flow of the meetings should be as per planned and the objectives should be defined. What work is to be done under each project and what each project requires need to be communicated. Implementing time saving communication methods could help in effective communication skills. To avoid any confusion in the communication process, techniques of clarification and reflection should be used. . 4.1 report on existing approaches to the collection, formatting, storage and dissemination of information and knowledge The approaches relating to the collections, formatting, storage and dissemination of information and knowledge are mainly done by mails, surveys, databases etc. For collection of information regarding Zara’s process and job design focused group discussion were carried out. Face to face interviews were also conducted with the teams at Zara. These all were the sources of information and primary data. Journals and reports were studies when once the primary data was collected. The best practices followed regarding facility layout and job design were analysed and accordingly an implementation strategy was devised for Zara. The central databases was loaded with information and tools were used to analyses the same to arrive on results. The output data was passed once it is obtained, on the respective departments with the set of recommendations to implement the same in a phased manner. Zara was trying to counter the existing threat from other clothing majors. 4.2 carry out appropriate changes to improve the collection, formatting, storage and dissemination of information and knowledge Here are the some changes based in the strategy followed with respect to data collection and information dissemination would be: Primary data collection regarding the clothing usage should be evaluated first. Before the analysis of primary data is taking place hypothesis needs to be set. Regarding the entry of the other companies of the same domain in the new markets, secondary analysis needs to be carried out. On the basis of primary and secondary data the ‘Go’ and ‘No Go’ decision with respect to implementing the decision should be taken. Before venturing into the new market the workforce availability and location of facilities needs to be evaluated. In case of any external business environment influences the political scenario and setup should be understood. 4.3 implement a strategy to improve access to systems of information and knowledge To succeed in the new geographies and in the new product line Zara need to reduce its process dependence. Zara need to follow a process type layout for its expansion plans in the Asian market. Apart from changing the facility layout it will also need to change the way it has been designing jobs for its workers(Laudon, and Brabston
2011 ). They can plan by launching the new product line by setting up the demo workshops in malls and complexes once Zara becomes aware of the political landscapes of the Asian market and the user need. Users need to be explained in detail about the quality and designs, changed from the old lines as well as the ways in which its quality and designs are better than the competitor product lines. Once the demo workshops get over the feedback can be taken from the customers about the product and then after incorporating the changes if any, the product line can be launched. Once these processes are completed and the manufacturing facility is in place Zara can start manufacturing the product lines and deliver it to the customers CONCLUSION As per the above presented report, it has been concluded that with the proper management of the communication, information and knowledge Zara has achieved its goals and objectives, which would be quite impossible to achieve if there is no coordination and management between the various departments of Zara. The IT department has a crucial role in managing these as they have done disseminating, sorting, coding etc. Penetrating in the new market requires lots of research and knowledge and a lot more information about that market which can be achieved by a structured management of these things viz., communication, knowledge and information. REFERENCES Books and Journals
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Yates, D. and Paquette, S., 2011. Emergency knowledge management and social media technologies: A case study of the 2010 Haitian earthquake.International journal of information management.31(1).pp.6-13. Holsapple, C. ed., 2013.Handbook on knowledge management 1: Knowledge matters(Vol. 1). Springer Science & Business Media. Borghoff, U.M. and Pareschi, R. eds., 2013.Information technology for knowledge management. Springer Science & Business Media. Kebede, G., 2010. Knowledge management: An information science perspective.International Journal of Information Management.30(5).pp.416-424. López-Nicolás, C. and Meroño-Cerdán, Á.L., 2011. Strategic knowledge management, innovation and performance.International journal of information management.31(6). pp.502-509. Choi, S.Y., Lee, H. and Yoo, Y., 2010. The impact of information technology and transactive memory systems on knowledge sharing, application, and team performance: a field study.MIS quarterly.pp.855-870. Schwalbe, K., 2015.Information technology project management. Cengage Learning. Smith, H.J., Dinev, T. and Xu, H., 2011. Information privacy research: an interdisciplinary review.MIS quarterly.35(4). pp.989-1016. Coombs, W.T., 2014.Ongoing crisis communication: Planning, managing, and responding. Sage Publications. Klusch, M. ed., 2012.Intelligent information agents: agent-based information discovery and management on the Internet. Springer Science & Business Media. Hislop, D., 2013.Knowledge management in organizations: A critical introduction. Oxford University Press. Jennex, M.E. and Olfman, L., 2010. A model of knowledge management success.ME Jennex & S. Smolnik, eds. Strategies for Knowledge Management Success: Exploring Organizational Efficacy. IGI Global. pp.14-31. Bennett, P., 2010.Risk communication and public health. Oxford University Press. Jones, G. and Sallis, E., 2013.Knowledge management in education: Enhancing learning & education. Routledge. Galliers, R.D. and Leidner, D.E., 2014.Strategic information management: challenges and strategies in managing information systems. Routledge. Laudon, K.C., Laudon, J.P. and Brabston, M.E., 2011.Management information systems(Vol. 8). Upper Saddle River, NJ: Prentice Hall. Eliasson, G., 2012.Firm objectives, controls and organization: the use of information and the transfer of knowledge within the firm(Vol. 8). Springer Science & Business Media.
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