Siemenss knowledge management strategy Essay Example | Topics and Well Written Essays - 2000 words

Siemenss knowledge management strategy - Essay ExampleThis essay discusses that the ability of the government to protect and baffle effective use of the intellectual capital of the workforce declines with an increase of the retirement rate among the federal workforce. The agency loses its timely decision making ability with the lack of critical knowledge. Where there is lack of knowledge management, agencies are neither able to execute their lying-ins in a timely manner nor they able to complete the project within the estimated cost. Having assessed this dilemma, a representative of the Aberdeen Group said, Knowledge workers today are losing productivity in an endless search for information they know resides in the makeup but is not easily accessible. One way for an agency to spread the critical knowledge of program to a wide range of stakeholders is by implementing an effective knowledge framework along with an enterprise-wide strategy of knowledge management. Teams benefit from this flexibility by gaining a way to comprehend the effects as puff up as interdependencies of the constantly changing environments along the projects life. The data an agency has at a certain point in time is aught more than mere representation of the temporal circumstances. There enquires to be an appropriate knowledge management strategy in place to understand the sexual intercourse of the data with different variables and to use it in the decision making transition. The knowledge management strategy enables the workers to use the knowledge in the decision making process as they are able to completely understand different aspects of the knowledge. This paper looks into the knowledge management strategies implemented by the Siemens Company. Literature Review The Frids Knowledge focusing Model Various strategies and models have been conventionally proposed for knowledge management. One of such models is the Frids Knowledge Management Model. The Frids Knowledge Management Mod el divides the assessment levels of knowledge management maturity into five levels. These five levels are knowledge chaotic, knowledge aware, knowledge focused, knowledge managed, and knowledge centric (Haslinda and Sarinah, 2009, p. 195). The introductory level proposes that organizations tend to comprehend and implement the Frid framework of knowledge management by working upon the vision, objectives, and indices of knowledge management. In order to optimize on their authorisation of knowledge management, organizations tend to advocate and adapt the departmental vision of knowledge management. The second level of knowledge awareness considers organizations to be at a high step than the ones at knowledge chaotic. At this point, organizations need to focus on the development on a road map of knowledge management and a collaborative working with the office of knowledge management. The third level requires organizations to cover the aspects of implantation just like in the lower tw o levels. At this level, organizations need to integrate the knowledge management into the process engineering, develop initial infrastructure of service, training and knowledge management, and make the budgets inclusive of knowledge management. The fourth level termed as knowledge managed adopt the fundamental activities suggested in level one, two and three other than organizations should attempt to embed knowledge management in performance reviews and in like manner in business plans apart (Haslinda and Sarinah, 2009, p. 193). Knowledge centric is the highest level of the implementation maturity of knowledge mana