MITS5505 Knowledge Management Major Assignment Weightage: 15% Due date: 11th October 2020 Late penalty applies on late submission, 10% per day would be deducted 0 mark for LATE Submission more than...

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Knowledge management


MITS5505 Knowledge Management Major Assignment Weightage: 15% Due date: 11th October 2020 Late penalty applies on late submission, 10% per day would be deducted 0 mark for LATE Submission more than one week 0 mark for DUPLICATED Submission or Shared Work MITS5505 Major Assignment Copyright © 2020 VIT, All Rights Reserved. 2 OBJECTIVE(S) This assessment item relates to the unit learning outcomes as in the unit descriptor. This assessment is designed to assess the knowledge of implementation of a knowledge management solution utilizing emerging tools for stages of knowledge management. This assessment covers the following LOs. LO3: Conduct research on emerging tools and techniques for the stages of knowledge creation, acquisition, transfer and management of knowledge and recommend the most appropriate choice based on expert judgement on the practical needs. LO4: Apply and integrate appropriate KM components to develop effective knowledge management solutions. LO5: Independently design a usable knowledge management strategy by application of key elements of a good knowledge management framework and by incorporating industry best practices and state of the art tools such as OpenKM or other emerging technologies. INSTRUCTIONS These instructions apply to Major Assignment only. Answer the following question based on a case study given overleaf Give your views on failure of implementation of knowledge management at a global company based on five distinct stages of knowledge management: Stage 1: Advocate and learn Stage 2: Develop strategy Stage 3: Design and launch KM initiatives Stage 4: Expand and support initiatives Stage 5: Institutionalize knowledge management Also, discuss about the failure and your views with respect to implementation of KM components and knowledge management framework. MITS5505 Major Assignment Copyright © 2020 VIT, All Rights Reserved. 3 Case study: A pharmaceutical company (Source: Chua, A. and Lam, W., “Why KM projects fail: a multi-case analysis”, Journal of Knowledge Management, vol. 9, no. 3 (2005).) An American-owned global pharmaceutical company which specialised in high margin ‘‘lifestyle’’ drugs aimed to accelerate its internal drug development processes through overt knowledge management initiatives. The management committed a substantial amount of political and financial resources to implement three forms of KM projects, namely, ‘‘lessons learned’’, ‘‘warehouse’’ and ‘‘electronic cafe’’ (McKinlay, 2002). ‘‘Lessons’’ was a highly structured debriefing exercise conducted by each workgroup at the end of a major drug development process. It was intended as a method to archive corporate lessons and to prevent the loss of operational knowledge in the drug development process. ‘‘Warehouse’’ was an organisation-wide groupware populated with content based on the ‘‘lessons learned’’ debriefings. Its objective was to capture not only problems and solutions but the details of administrative and decision-making processes. It had features such as common repositories and discussion forums that supported coordination and collaboration across workgroups. ‘‘Cafe’’ was a set of linked web sites based on the anecdotes of individuals involved to the drug development programmes. It was intended as a platform for self-reflection and sharing of personal experiences among a small group who had been identified as organisational innovators. Within ‘‘cafe’’, individuals were liberated to digress from reality and to discuss hypothetical issues or explore radical alternatives. ‘‘Lessons’’ yielded uneven results within three years of its implementation. ‘‘Warehouse’’ could not be adapted to the specific context of each workgroup, while ‘‘cafe’’ was perceived to be exclusive, impractical and remote from reality. None of these KM projects had an effective mechanism to encourage participation or measure outcomes. The main reasons for the failure of KM at the pharmaceutical company were as follows: • In ‘‘lessons’’, there was no mechanism to sift through the lessons compiled. Neither were there any opportunities to extend the scope of the exercise beyond existing procedures. In addition, the output from ‘‘lessons’’ was a list of dissatisfaction with how standard operating procedures were applied rather than critical reflections on the procedures themselves. Thus, instead of fostering organizational innovation, ‘‘lessons’’ became a ritualized reinforcement of routines. • ‘‘Warehouse’’ could not be adapted to the specific context of each workgroup. It was thus deemed to be irrelevant to day-to-day operational processes. • Contributing to ‘‘warehouse’’ was perceived as a loss in personal expertise while accessing ‘‘warehouse’’ was perceived as a sign of inadequacy. Hence, ‘‘warehouse’’ did not attract spontaneous contribution and access. • The open-ended nature of ‘‘cafe’’ had inadvertently made its relevance and practicality questionable. Furthermore, the exclusive access to ‘‘cafe’’ limited its potential for expansion. MITS5505 Major Assignment Copyright © 2020 VIT, All Rights Reserved. 4 Marking Guide: Given views on failure of implementation of knowledge management based on following stages of Implementation of Knowledge Management: Unacceptable Acceptable Good Excellent Stage 1 Does not adequately convey Advocacy, identify the members of the KM team, learn from the experience of the other organizations, advocates of knowledge management and getting wider support to the KM initiative. Also, not adequately mentioned about identification and ownership of proposed pilot projects. Does convey but not in detail about advocacy, identify the members of the KM team, learn from the experience of the other organizations, advocates of knowledge management and getting wider support to the KM initiative. Also, convey but not in detail about identification and ownership of proposed pilot projects. Does clearly convey Advocacy, identify the members of the KM team, learn from the experience of the other organizations, advocates of knowledge management and getting wider support to the KM initiative. Also, clearly mentioned about identification and ownership of proposed pilot projects. Strongly convey Advocacy, identify the members of the KM team, learn from the experience of the other organizations, advocates of knowledge management and getting wider support to the KM initiative. Also, strongly mentioned about identification and ownership of proposed pilots projects. Stage 2 Little evidence material is logically organized into topic, subtopics or related to topic. Many transitions are unclear or non-existent. Most material clearly related to task force for the implementation of the pilots, selection of pilots, resources for pilots, etc. All material clearly related to task force for the implementation of the pilots, selection of pilots, resources for pilots, etc. All material clearly related to task force for the implementation of the pilots, selection of pilots, resources for pilots, etc. Strong transitions linking subtopics, and main topic. Stage 3 Little evidence material supporting budget to fund the pilot projects, methodologies develop for pilot projects and discussion about lesson learned at regular meetings. Most material supporting budget to fund the pilot projects, methodologies develop for pilot projects and discussion about lesson learned at regular meetings. All material supporting budget to fund the pilot projects, methodologies develop for pilot projects and discussion about lesson learned at regular meetings. All material strongly supporting budget to fund the pilot projects, methodologies develop for pilot projects and discussion about lesson learned at regular meetings. Stage 4 Does not summarize evidence with respect to pilot projects. Does not discuss about the of expansion Somewhat summarize evidence with respect to pilot projects. Discuss somewhat about the of expansion Clearly summarize evidence with respect to pilot projects. Discuss about the of expansion Strongly summarize evidence with respect to pilot projects. Detail discussion about the of expansion MITS5505 Major Assignment Copyright © 2020 VIT, All Rights Reserved. 5 strategy, resources, budget, support and manage KM growth. strategy, resources, budget, support and manage KM growth. strategy, resources, budget, support and manage KM growth. strategy, resources, budget, support and manage KM growth. Stage 5 Little evidence material is logically organized into topic, subtopics or related to topic. Many transitions are unclear or non-existent. Most material clearly related to embed KM in the business model, realigned the organization structure and budget and monitor and evaluate health of the KM system, etc. All material clearly related to embed KM in the business model, realigned the organization structure and budget and monitor and evaluate health of the KM system, etc. All material clearly related to embed KM in the business model, realigned the organization structure and budget and monitor and evaluate health of the KM system, etc. Strong transitions linking subtopics, and main topic.
Answered Same DayOct 08, 2021MITS5505

Answer To: MITS5505 Knowledge Management Major Assignment Weightage: 15% Due date: 11th October 2020 Late...

Amit answered on Oct 10 2021
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Date: 10/10/2020
Table of Contents
1.    Introduction    3
2.    Knowledge management concepts and followed strategies    4
3.    Learning and advocating    4
4.    Strategy development    5
5.    KM initiatives launching and design development    6
6.    Expandi
ng the supportive initiatives    7
7.    Knowledge management and institutionalization    7
8.    Content management    7
9.    References:    9
1. Introduction
In present era of high quality technical services, the requirements of knowledge is being grown for the working organizations, so, effective strategies for maintaining information flow are being focused by the organizations like this pharmaceutical company. The increased and new business demands requires knowledge management, so that, competitive advantages can be taken and effective response to failure condition can be developed. The industries and market is changing regularly and these changes are making pressure on organizations like this pharmaceutical company and their employees. Most of the organizations are preferring to develop their internal repositories for maintaining their business information. The regular business proceeding are also stored in these internal repositories.
The knowledge management becomes essential for this pharmaceutical company as the drug development requires huge knowledge and documentation. The thinking of this American company of knowledge management will help it to handle the followed processes of drug development. The commendable lessons with different initiatives and effects can be developed for knowledge management in this pharmaceutical company. Each working employee in this pharmaceutical company like doctors and lab technicians are highly professionals and can effective help in knowledge management in this company. It will be difficult for technical staff of this pharmaceutical company to follow knowledge management and provided case also shows this view point from management angel. Thus, this present paper will help this pharmaceutical company to maintain knowledge management for drug development and documenting the followed processes. Different strategies and KM initiatives with knowledge management are mainly proposed in this present work done for this American based pharmaceutical company.
2. Knowledge management concepts and followed strategies
The unstructured information and roughly collected facts are mainly supplied as the database for maintaining knowledge management. The collective representation of this data is provided on initial level for knowledge management . The organizational requirements are mainly focused in this rough database. The justification to this data is being provided by knowledge management by converting it into useful information. The knowledge management strategies and already available concepts can help this pharmaceutical company for shaping the followed approach towards knowledge management by defining opportunities, failure conditions, possible threats to their drug development process and followed lessons. The correct information can be stored and used with knowledge management at this pharmaceutical company.
3. Learning and advocating
The development of lifestyle drugs makes it...
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