BSBINM601 Manage Knowledge & Information: Project Report & Analysis

This BSBINM601 project report assesses Woolworths' technological issues and proposes strategies for resolution through innovation and planning. The report identifies a matrix organizational structure and emphasizes formal communication channels managed by marketing and technology managers, overseen by managing directors and board members. The current information transfer process is deemed effective for managing business performance. A strategic plan is recommended to mitigate risks, with the manager holding primary authority and the corporate lawyer managing legal aspects. Changes, implemented from January with a target for improved performance by the end of February, require effective team communication. The report builds upon previous issue identification and decision analysis, focusing on process implementation to enhance overall business performance and position.

Assessment: BSBINM601Manage Knowledge and Information
Project Report: Manage knowledge and information (Assessment 2.2)

Assessment: BSBINM601Manage Knowledge and Information
Contents
Introduction:.....................................................................................................................3
Organizational chart:........................................................................................................3
Conclusion:.......................................................................................................................4
References.........................................................................................................................4

Assessment: BSBINM601Manage Knowledge and Information
Introduction:
After reviewing and evaluating Woolworths issues, it has been measured in the
previous task that the business is suffering from the technological issues which would impact
on the overall performance as well as planning has been done to resolve the issues and the
performance of the business. It has been found that these issues could be resolved through
applying the few strategies, innovation and the proper planning in the business.
Organizational chart:
On the basis of the evaluation, it has been measured that the organizational chart of
the business is of matrix type which explains that the entire communication flows through a
formal way. It has been estimated that the entire process of resolving the issues must be
papered by the marketing manager and the technological manager, once is has been
confirmed from the managing directors and the board of managers of the business than it
must be communicated with the team members to implement it in the business in specific
manner.
The current process of information transferring of the business is better as with the
help of this process, the overall performance and the position of the business could be
managed in a better way. The risk management level of the business has been studied further
and it has been measured that the better strategic plan would help the business to save itself
from any kind of issues and it has also been measured that the main authority of the entire
process is in the hand of the manager and it has also been found that the legal authority of the
entire process would be managed by the corporate lawyer of the business as well as the
changes would help the business to improve the overall performance of the business in the
market (Rummler & Brache, 2012).
The changes have been implemented in the business at the starting of the January and
it has also been measured that the changes would be done in the business in such a way that
by the end of the February month, the performance of the business would be better. The
identification of the business issues have already been done in the part A. further, the analysis

Assessment: BSBINM601Manage Knowledge and Information
and the decision analysis process has also been prepared in the 1st part of Part B. Now the
business is required to implement the process so that the overall position and the performance
of the business could be improved (Galbraith, 2017). The implementation requires better
information among the team so that they could manage the entire performance and the
process in the better way.
Conclusion:
On the basis of the study, it has been measured that if the better implementation
would be done than the position of the business would be improved and the business issue of
the business would also be overcome.
References:
Galbraith, J. R. (2017). Organization design. Addison Wesley Publishing Company.
Rummler, G. A., & Brache, A. P. (2012). Improving performance: How to manage the white
space on the organization chart. John Wiley & Sons.