Why are consulting organizations interested in km

Assignment Help Marketing Management
Reference no: EM13817604

CASE - EC Application: KNOWLEDGE MANAGEMENT AT INFOSYS TECHNOLOGIES

The Problem

Infosys Technologies, a global software services company based in India, is a worldwide leader in outsourcing. With over 23,000 employees and globally distributed operations, Infosys develops IT solutions for some of the largest corporations in the world. During the past 10 years, Infosys has experienced annual growth of 30 percent. Infosys faced a challenge of keeping its large employee base up-to-date, staying ahead of both its competitors and clients, and ensuring that the lessons learned in one part of the organization were available to its consultants so they could reuse the knowledge accumulated in the company. The company's motto is "Learn once, use anywhere." The company's vision is that every instance of learning within Infosys should be available to every employee. But how does an organization turn such a vision into a reality?

The Solution

Infosys Technologies' effort to convert each employee's knowledge into an organizational asset started in the early 1990s and extended well into the first decade of the 2000s.

In the early 1990s, Infosys launched its bodies of knowledge (BOK) initiative, which involved encouraging employees to provide written accounts of their experiences across various topics, such as technologies, software development, and living abroad. These experiences were then shared in hard-copy form with all other employees. This early effort ballooned into a full-fledged KM effort supported by e-mail, bulletin boards, and various knowledge repositories. In 1996, a corporate intranet was developed to make BOKs, in HTML format, easily accessible to all. In 1999, Infosys began an organization-wide program to integrate the various knowledge initiatives. A central knowledge portal was created, called KShop, and although the KM group developed the technology infrastructure, local groups were encouraged to maintain their own content on KShop.

The content of KShop consisted of different content types-BOKs, case studies, reusable artifacts, and downloadable software-each with its own homepage. Content was carefully categorized by the KM group to ensure that as the amount of content increased, it would still be possible for people to quickly find what they needed.

236 237

In early 2000, Infosys appeared to have a very functional KM system, and yet patronage by employees remained low. The KM group therefore initiated a reward scheme to increase both use and contribution. The scheme gave employees who contributed to KShop knowledge currency units (KCUs) that could be accumulated and exchanged for monetary rewards or prizes.
As you can see, KM initiatives are much more than the implementation of technology tools to allow employees to create or document knowledge. Infosys's KM initiatives involved processes to organize knowledge, to categorize knowledge, and to rate knowledge usefulness, as well as strategies to encourage knowledge sharing and reuse.

The Results

Within a year of the introduction of the incentive KCU scheme, 2,400 new knowledge assets had been contributed to KShop by some 20 percent of Infosys's employees. However, as the volume of content increased, so, too, did problems relating to finding the needed information. Moreover, the heavy growth in contributions taxed the limited number of volunteer reviewers, who served an important quality-control function. The KM group therefore modified the KCU incentive scheme. It developed a new KCU scheme that rated the usefulness of knowledge from the perspective of the users of the knowledge, rather than the reviewers. And, to increase accountability, the KM group requested tangible proof to justify any high ratings. Finally, the KM group raised the bar for cashing in KCU points for monetary awards.

Questions

1. Why are consulting organizations interested in KM?

2. Identify the KM cycle in this case.

3. Why is a reward system beneficial? Compare the old and new reward systems.

4. Why was using a single portal beneficial?

Reference no: EM13817604

Questions Cloud

Question regarding the long-term liabilities : Use the Internet or Strayer online databases to research companies like Philip Morris International, Medtronic Inc., Plains All American Pipeline LP, and Simon Properties Group that all sold 30-year bonds in 2012 in an effort to extend their debt,..
Describe an activity or process or product : Describe an activity or process or product of your chosen company that exhibits economies or diseconomies of scale. Describe the source of the scale economy. How could the organization exploit the scale economy or diseconomy?
Discuss the nuclear reactions : Discuss the nuclear reactions
Conclusion about profitability of increasing prices : How did the timing affect conclusion about profitability of increasing prices - What do these numbers imply for the decision of when to open a shared facility versus two separate facilties.
Why are consulting organizations interested in km : Why are consulting organizations interested in KM? Identify the KM cycle in this case. Why is a reward system beneficial? Compare the old and new reward systems
Find the contribution margin per haircut : Find the contribution margin per haircut. Assume that the barbers' compensation is a fixed cost. Show calculations to support your answer.
Write about the brief summary of the history of islam : Brief summary of the history of Islam Explain the importance of these elements for Muslims: Five Pillars Ramadan Describe significant differences and similarities in how the branches of Islam practice their traditions.
Develop guidelines for handling unhappy customers : How could you develop guidelines for handling unhappy customers? Draft such a "cheat sheet" for employee reference. Make it long enough to cover most concerns but not so long that it is too complicated.
Discuss how a nurturing person promotes the growth of others : A major strategy for helping others grow and develop is to be a nurturing, positive person. Discuss how a nurturing person promotes the growth of others.

Reviews

Write a Review

Marketing Management Questions & Answers

  Integrated marketing communication

Developing an IMC plan of Amazon that aims to create awareness and knowledge amongst Singaporean  consumers of the ethics involved in buying clothing made from Bangladeshi factories  .

  Multiple choice questions on e-commerce

The assignment in Computer Science or Information Technology is about multiple choice questions, particularly in e-commerce. Questions such as types of e-commerce websites, commercial websites, disintermediation, Platform for Piracy, the data that ca..

  Balanced scorecard for red lobster

The assignment in marketing is about Red Lobster, which is one US and Canada's most loved seafood restaurant. It has hundreds of outlets in US and Canada and it now wants to expand further. The approach adopted by Red Lobster has been discussed in fu..

  Marketing plan - marketing audit, swot and smart report

The assignment in marketing is about preparing a marketing plan. As part of marketing plan, the SWOT analysis, assessing the competitive position, identifying critical competitive issues, marketing objectives, strategy and actions have been suggested..

  Marketing plan

Marketing deals with preparing a marketing plan for either an existing product or a new product. Various aspects about launching a new product into the market are discussed ranging from the industry the product belongs to, goals and vision of the com..

  Yamato corporation analysis - harvard case study

Please refer to the PDF for the Case Study and questions.The case study from Harvard Business School is about Yamato Corporation, a parcel delivery company which provides door to door delivery in Japan.

  Marketing plan - create a new product

The assignment in marketing is about competitive analysis for a new product namely "heated insoles". These heated insoles can be put in shoes and they can protect the wearer's feet by keeping them warm during cold winters.

  Report on digital marketing strategy for a website

Promotion strategies of  the one's own developed website

  Integrated marketing campaign of mccafe

Integrated marketing campaign for McDonald's McCafe. McCafe has been launched in Canada. This is a case study which involves the use of digital marketing and social media marketing apart from regular marketing such as TV and radio. All these more are..

  New product development at adidas

In this paper, the researcher also determines the different kind of practices used by Adidas to manufacture shoes for its customers.

  Managing services in competitive environment

Services can be defined as separately identifiable, intangible activities which provide want-satisfaction when marketed to household consumers and/or industrial users.

  Prepare a marketing plan

A marketing plan is an essential tool for any marketer, providing direction for a brand, product or organization. A marketing plan describes the marketing environment, marketing objectives and marketing strategies.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd