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Essay / Research Paper Abstract
7 pages in length. Maintaining a solvent and forward-moving company requires an equation of many components all working together toward the same objective. Today's business environment - both brick & mortar and online - necessitates that management approaches organizing functions with the tools that project the company's progressive and open-minded culture, not the least of which includes the two important elements of knowledge and technology. Bibliography lists 7 sources.
Page Count:
7 pages (~225 words per page)
File: LM1_TLCOrgMgmt.rtf
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the Internet - necessitates that management approaches organizing functions with the tools that project the companys progressive and open-minded culture, not the least of which includes the two important elements
of knowledge and technology. ...Adaptation requires upgrades and changes in existing technologies or their replacement with newer technologies. Going business enterprises often have too much (unprocessed) data and
(processed) information and too many technologies...As a result, most organizations of any size and scope are caught in a double whammy of sorts. They do not know what they
know (Malhotra, 2005, pp. 7-28). II. KNOWLEDGE Everyone at every level of a given organization, as well as its partners and subcontractors,
are involved in the ongoing progress of services and products. From this context comes a company whose product is a direct reflection upon what its consumers want and whose
service illustrates how important its client base is to the companys overall survival. Possessing information is a vital component of this reality in order for management make informed decisions
regarding the companys ultimate direction both now and in the future. This benefit of knowledge assets reaches far beyond the immediacy of decisions; rather, it extends deep into the
very core of the company so as to assemble an operation where every single entity works in tandem toward the same objective. Managers who understand this have a firm
handle on what is necessary to increase productivity without having to reinvent the proverbial wheel; however, there are still managers who miss the mark when it comes to finding "the
right information, in the right place, in the right format, at the right time" (Stanat, 1990) by wasting energy on mere data instead of seeking out the real information. The
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