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June 21, 2007

Knowledge Management for Industrial Growth

Knowledge is defined as the information and skills acquired by a person through experience or education. Management is directing or controlling a group of one or more people for coordinating a group towards accomplishing a goal.

Knowledge Management is the ability to manage tasks collectively for the growth of an organizational performance. It deals with things like
• Information
• Knowledge
• Wisdom
Collection of topics is data. Collection of data is the information and gathering information is knowledge.
Dr. Jay Edwin Gillette, in his essay provides that knowledge management has nothing to do with technology. It is a management issue and is well practiced only if one has the information about what he is doing and how the things are done in that field.

Know your organization: Know the hidden knowledge within an organization so that it can be used productively. Knowledge management aims at “capturing” information that can be integrated into organizational practices. Identify the areas which need some improvement.

Access to information and knowledge: Once identified, knowledge must be made available to those who can benefit from it. Giving technological information to a doctor will not help him in his surgery.

Exchange Ideas: Sometimes knowledge can only be transferred through direct exchange between individuals. Sharing knowledge leads to new ideas which make miracles.

Link knowledge and business: To enhance organizational performance, knowledge must be linked to the organization’s business process. There is a need to demonstrate the value of knowledge to the organization, particularly through quantitative measures.

Active cultivation of knowledge: Without some form of intervention, it is assumed that a large portion of the knowledge within an organization is underutilized and not developed to its full potential.

Corporate Intelligence with Research & Development: In an organization, there are also several areas especially devoted to gather useful knowledge, such as technology research centers, intelligence gathering operations, corporate research and training facilities, and libraries. Making use of the available resources in a productive way is knowledge management.

Conclusion: As Dr. Gillette explains how a judge makes use of his wisdom to make a judgment in a court trail, an industrialist should use their wisdom to make the right judgment at right time. It is not just the superiors who has to take steps to improve the position of the company but also the peers and the subordinates should come forward to take the responsibilities.

References
Gillette, J. E. (2002). A practical framework for understanding KM. In R.F. Bellaver & J.M. Lusa, (Eds.), (2002). Knowledge management strategy and technology. New York: Argent.
Mandadi, V.G. (2007) Influence of leadership on technology. Retrieved June 20, 2007, from Leadership for the information Renaissance Competitive Intelligence and the strategic uses of information web logs.
Accenture. (1996) Information management: Right information at right time. Retrieved June 21, 2007 from Accenture Information Management Services Web site: http://www.accenture.com/Landing_Pages/By_Subject/Information_Management/IMRightTime.htm?c=ad_07grustecpsgs_0607&n=Knowledge_Management_sL05Knowledge_Management_knowledge_management

June 06, 2007

Factors and traits of leadership

Leadership is the ability and willingness of a person to perform a specific task. To be a good leader one should have the factors like capacity, achievement, responsibility, participation, and status.
The average person occupying a position of leadership should exceed the average member of his group to some degree in the above mentioned factors. Leadership must be conceived in terms of interaction of variables which are in constant flux and change. The factor change is especially dependant on the situation, which may be altered by addition or loss of group members, change in interpersonal relationships or change in goals.

Leadership is a phenomenon that exists between persons in a social situation. It is not a matter of passive status or of mere possession of some combination of traits. Ralph Stodgill states that, “A person does not become a leader by virtue of possession of some combination traits” (1991, p.134). Leadership appears to be a working relationship among members of a group, in which the leader acquires status through active participation and demonstration of his capacity for carrying cooperative tasks through to completion.
There are “six traits on which leaders differ from non-leaders include drive, desire to lead, honesty/integrity, self-confidence, ability and knowledge of business” (Kirkpatrick & Locke, 1991, p 134). The need for achievement is an important motive among effective leaders and even more important among successful entrepreneurs.
To make their way up to top in an organization, leaders must have the desire to complete challenging projects and assignments. This allows the leader to gain technical expertise, both through education and work experience, and follow organizational changes.
Leaders actively take steps to demonstrate their drive and determination. Ambition drives leaders to set challenging goals for themselves and their organizations.
People with high leadership motivation always think a lot about influencing other people, winning an argument, or being the higher authority. They prefer to be in a leader’s role rather than subordinate role. The willingness to assume responsibility, which is associated with leadership motivation, is frequently found in leaders.


References
Stogdill, R. M. (1948).Personal factors associated with leadership. In J. T. Wren, (Ed.), (1995). Leader's companion: Insights on leadership through the ages. New York: Free Press.