p KNOWLEDGE MANAGEMENT2008Knowledge ManagementIntroductionStudying mergers and acquisitions is champion of the great ways to enthral the importance of effective team bunk . Within the general cases of mergers and acquisitions , one of the near difficult problems is integrating teams consist of managers and employees . The study of mergers and acquisition alike revealed that most companies undertaking that act ended with share prices below its original values , or never achieving the benefit expect from the mergers themselves because they can non escape the `cultural issue that dragged down teams working esprit de corps and productivity . From the studies , it is clear that without success in creating effective teamwork , no business will survive the competitive marketDean and Mary Tjosvold in their book titled Psychology for Leaders Using motivating , Conflict , and Power to Manage More Effectively headspring out that Top management sets policies managers make decisions and solve problems and employees do their assigned tasks (1995Their statement suggests that top managements are responsible to draw a competitive working environment . However , not all managements have the quality of being excellent leading . This is because being a leader takes more than the ability to work out the alliance he leads into good financial instruction execution moreover also the ability to create joyful workplace that encourages employees to work betterThe challenge in managing competitive workplace is getting fiercer straight off , especially due to the globalization issues that encourage companies to expand their comportment to other parts of the world Globalization is almost a common issue within the business world immediately Because of the undeniable benefits and necessity of going abroad , so more large and even small and medium enterprises (SME ) have go their business range to reach the foreign marketsIn to achieve the ranking(a) results , the company needs developing improved teamwork by back up the application of companionship management so that each individualist in the company has positive contribution to the company s performance .
This condition required massive convert in managing company s human resource to comply with teamwork initiativesConcerning the issue , this will debate application of knowledge management systems in the workplace , the necessity to build superior team , building effective teamwork , and discuss how to develop knowledge management culture by incorporating knowledge technologyKnowledge ManagementKnowledge has been defined by April and Izadi (2005 ) as applied information and is meant to change the way the holder of the information perceived something , resulting in an invasion on his or her behaviour They continue to state that knowledge affects the expertise and know-why . They also define the knowledge challenge as the challenge of knowledge management lies in the organizational place setting - to get people to share their personal knowledge . This challenge of knowledge sharing will be more complex in the business environment due to the large subject of employees with have own mission and autonomy compared to an organization with one missionIn admittance , Bocij et . al (2006 ) define knowledge management as the method that organizations use to obtain knowledge . In addition , the term also refers to...If you want to get a rise essay, order it on our website: Orderessay
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