km and ic policies and practices

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oyrfgre06

Business Finance

Description

As Vice President in charge of KM and IC, you have realized the KM and IC policies and practices are below acceptable standards.

Write a 1,050- to 1,400-word executive summary that you will present to the Board of Directors.

Analyze the organizational structure and ethical behavior of the organization.

Explain how organizational changes affect the future value of its IC by promoting innovation, decision-making, and productivity.

Determine if you would consider your organization's structure an IC asset and support your position. Why or why not? Support your position.

Include how the ethical policies and practices affected the organization's IC and its value.

Identify the strengths and weaknesses existing in structure and ethics.

Recommend any changes that could increase the value of the organization's IC based on the structure and ethics.

Format your paper consistent with APA guidelines.

Click the Assignment Files tab to submit your assignment.

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Explanation & Answer

Attached.

Running Head: KM AND IC POLICIES AND PRACTICES

KM and IC Policies and Practices
Institutional Affiliation
Date

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KM AND IC POLICIES AND PRACTICES

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Intellectual Capital (IC) and Knowledge Management (KM) are among the most
significant fundamental concepts that any organization should consider if it wants to achieve
success (Wiig, 2002). Being the vice president of the organization, I have the responsibility
of ensuring that I come up with solutions for the improvement of the functionality of the
company. I am also under the obligation to ensure that I can supervise the implementation of
the new ideas. Each organization is required to be able to manage their knowledge and their
intellectual capital. These will only be possible if the organization has a good organizational
structure and proper ethical behaviour (Stewart, 1998).
Organizational structure in a company is the process to which the activities within the
organization are defined. The activities include coordination, task allocation and supervision
the organization has towards achieving its goals and objectives (Child, 1972). Ethical
behaviours, on the other hand, refer to the actions that the employees and individuals in the
company engage (Vyakarnam, 1997). Their behaviors must be acceptable by the society for
them to be termed as ethical. Some of the practices include loyalty, dignity, equality, fairness,
and honesty.
The organizational structure of the company being a big company involves the
presence of various employees. Among the employees, there are staff members who are
responsible for the cleaning and the cooking. Then there is the rest of the employees work in
the different departments. These departments include the: sales and marketing department,
advertising...


Anonymous
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