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Please help with a good start-up to the following topic for 350 Karma. I need so

ID: 3636565 • Letter: P

Question

Please help with a good start-up to the following topic for 350 Karma.
I need some original content, not just copy and paste.
Thanks

“The effects of Titan’s KM initiatives on the various parts of the business, and how the information and technology effects are related to each other”

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Some info on the above topic:
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Write a 3 to 5 page paper on the following topic:

“The effects of Titan’s KM initiatives on the various parts of the business, and how the information and technology effects are related to each other”

Knowledge management is no longer the brand-new and revolutionary idea that it was 20 years ago, but it is still an extremely useful approach and one that emphasizes that information technology alone is not the solution to organizational problems but merely a set of tools that enables an organization to deal with its fundamental issues of purpose, resources, and outcomes. To begin our attention to these issues, consider these two general introductions to the topic of KM and its uses:

Bogorad, I. (2010). An executive's primer on knowledge management. Tech Republic. Retrieved December 2, 2011, from http://blogs.techrepublic.com.com/tech-manager/?p=3546

Li, B. & W. Song. (2009). A discussion on the relationship and mutual effects of knowledge management and information Management. Asian Social Science. Retrieved December 2, 2011, from http://journal.ccsenet.org/index.phm/ass/article/viewFile/3458/3132

Now let's turn to a specific case illustration of KM in practice. In Bangalore, India, Titan Industries operates in the watch, jewellery and eyewear sectors, as well as precision engineering for aerospace and automobiles. Titan was launched in 1984, Tanishq jewelry in 1996, and the eyewear division in 2007. With a turnover of Rs 6,000,000,000, Titan is the fifth largest branded watch manufacturer in the world. Its watch brands include Titan, Sonata, Fastrack and Xylys. The Titan network has over 600 stores in India, and is the largest jewellery retailer in India (via Tanishq, GoldPlus, Zoya stores).

The combination of multibrand stores, large format stores, precision engineering and fierce competition has called for rapid learning across the workforce. The following description of Titan's experiewnces is rather interesting:

Rao, M. (2010) Case Study: Knowledge Management at Titan Industries. KM India. Retrieved December 2, 2011, from http://km.techsparks.com/?p=223

Explanation / Answer

Knowledge management is to learn about various functions, assets, strategies etc and to work on them for the development of the organization. Titan’s knowledge management helped them in extending their business to various parts and in various dimensions. It helped them to survive in the market and to emerge as a leading business organization. Knowledge management enables the organization to deal with the market situations and to create a better future and a place in the market.

Various KM initiatives like quality management, process re-engineering, etc has helped in establishing a brand value in the market. Due to its initial brand value, all the other parts of the business were also succeeded. Based on the quality of the product and the image that Titan is carrying initially, it reached heights in all the products it launched.

Titan has initially worked well in ensuring quality and creating its own mark among customers using various KM initiatives. Now it is carrying the same impression on various parts of the business and been successful.

Also the information and technology effects are directly related to each other and have an impact on the business. Without proper information, knowledge regarding the business and the techniques to succeed cannot be designed well. And without using the right technology required, the information gathered and the knowledge obtained will be of less use in improving a business.

For example if the information gathered regarding the customer satisfaction and their requirements is not proper, then they may launch products which may not reach customer requirements and their satisfaction levels. Similarly if the technology used is not proper then it may take longer production times and cost with which the profits to the business may be declined.

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