Organizational Strategy And Knowledge Audit -Myassignmenthelp.Com

Question: Discuss About The Organizational Strategy And Knowledge Audit? Answer: Introducation The strategy that is formed by the institute for introducing improvements in the structure of the organization is grounded on the IP (Intellectual Property) of the company. The IP of the organization helps to determine the different facets of change which is being accepted by the organization to understand the requirements of the clients and the customers of the organization (Ahmadi et al. 2012). It helps in determining the strategies that are framed by the organization for their structural and situational improvements. Knowledge audit of the company aids in understanding the diverse aspects of the changes which is being undertaken with the aim of understanding the requirements for undertaking the change in the structure. Therefore, it helps in determining the strategies that are required to be framed by the organization. Synopsis The knowledge audit actually helps in determining the credibility of the organization and performance of the organization (Dalkir and Beaulieu 2017). Likely, the strategies that are being framed by the organization for undertaking a change are based on the capabilities and the credibility of the organization to bring about the change. The knowledge about the requirements of the customers assists in keeping the sustainable approach of the company in the market. The audit of the different segments of the organizational capabilities has helped in undertaking steps that are required to be undertaken by the organization for making improvements in the situation. Therefore, the IP of the organization is closely related to the strategies that are formed by the organization for its growth in the markets. Reflection I believe the IP of the companies determine the various aspects of the changes which the organization is capable of undertaking. This helps in defining the numerous aspects and the areas of change on which the strategies are applied for bringing in effective changes in the system. The performance of the companies is dependent on the factors of creativity and the efficient functioning of the processes undertaken by the companies. On the other hand, the strategies that are planned by the organization are based on the capabilities of the organization to meet the objectives of the same. According to me, the knowledge audit of the company and the strategies thereby framed by the organization are related intimately. References Ahmadi, S.A.A., Salamzadeh, Y., Daraei, M. and Akbari, J., 2012. Relationship between organizational culture and strategy implementation: typologies and dimensions.Global Business and Management Research,4(3/4), p.286. Dalkir, K. and Beaulieu, M., 2017.Knowledge management in theory and practice. MIT press.