Unit 16: Managing Communications, Knowledge and Information (GC015)

Table of Content

INTRODUCTION

LO 1. UNDERSTANDING HOW TO ACCESS INFORMATION AND KNOWLEDGE NEEDS

1.1 Discuss the range of decisions to be taken by Priyo Bazar while starting up the new business

1.2 Examine the information and knowledge needed to ensure effective decision making.

1.3 Assess internal and external sources of information and understanding.

1.4 Justify recommendations for improvements in information selection and analysis.

LO 2. CREATING STRATEGIES TO INCREASE PERSONAL NETWORKING TO WIDEN INVOLVEMENT IN DECISION MAKING.

2.1 Identify stakeholders for the decision-making process in relation to starting up a new business

2.2 Making contact with those identified for developing business relationships.

2.3 Involve those identified in the decision making as appropriate for the new business in the retail sector

2.4 Design strategies for improvement

LO 3. DEVELOPING COMMUNICATION PROCESSES.

3.1 Report on existing processes of communication in an organization.

3.2 Design ways to improve appropriateness in communication in the organization.

3.3 Implement improvements to ensure greater integration of the system of communication in the organization

3.4 Creating a personal plan to improve communication skills.

LO 4. IMPROVING SYSTEMS RELATING TO INFORMATION AND KNOWLEDGE.

4.1 Existing approaches to collection, formatting, storage, and dissemination of information and knowledge

4.2 Carry out appropriate changes to improve collection, formatting, storage, and dissemination of information and knowledge.

4.3 Implement a strategy to improve access to systems of information and knowledge.

CONCLUSION.

REFERENCES

INTRODUCTION

To control the skills connected to information, knowledge, or communication, it is very significant. This supports the development or growth of a company. Quick alters are enchanting position in technology or communication in this period. In this case, require of the time is to gain aggressive benefits over other companies (Maier, 2007). Therefore, it is very advantageous to control information, knowledge, or communication. For doing each day’s actions in a victorious approach, controlling current information by correctly applying information or communication skills is very significant.

It also provides knowledge of the choices occupied before opening a fresh company. It also trades with the choices occupied as challenging with the other companies in the trade section. The next section trades with the managerial contact in a little supporting objectors’ business. This provides knowledge on the active schemes of communication in the business as well as the developments which could be created. It also provides knowledge on the policy which could be executed to develop contacts with schemes of knowledge or information.

LO 1. UNDERSTANDING HOW TO ACCESS INFORMATION AND KNOWLEDGE NEEDS

1.1 Discuss the range of decisions to be taken by Priyo Bazar while starting up the new business

Making of decision engages choosing an option of acting by a company to assemble its objectives or goals. For opening up, a fresh company in the trade part, a variety of choices want to be occupied by the planned company Pryo Bazar. These can be the pursuing:

Senior management- The choices connected to the accomplishment of the goals of the fresh company require to be engaged by the chief working chairman or officers who are incorporated in the elder executive (Kent, 2007).

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Unit 16: Knowledge management & Information System With Tesco

Unit 16: Managing Communication, knowledge and Information

Strategic level Decisions

The manager at the maximum stage in a Priyo Bazar is the one who gets all these planned choices. The proprietor of the business or board of managers would get choices connected to objectives or goals that are consistently big or complex. There is a want for the CEO in Priyo Bazar to fix an idea and make a policy for the company. To benefit from an aggressive benefit, the organization should have extra plans so as to contend with its challengers such as Quality Food. The board of managers as well as directors choose the approaches to hold difficult factors or support to be provided in the future project or service correspondingly.

Tactical level Decisions

Tactical choices are influenced by the central organization to ensure every source is exploited in an effective way in the company to create the highest productivity. While it appears to Priyo Bazar, the center director would be accountable for decisions making connected to preparation and task for one upcoming month (Ctin.vn, 2013). They could create an assured plan to encourage the organization’s brand through publish medium or online approaches. The Supervisory Board highlights the fiscal act with procedures throughout consideration, doing communication or meeting using email.

Operational level Decisions

The small period choices which are occupied to develop services or tasks completed on a schedule base are named as decisions of operational level. While it appears to Priyo Bazar, the obverse line director is the individual who resolves the factor connected to consumer’s objections concerning the services of the company. The director would get choices for schedule actions to allow the scheme to direct in a flat method (Slack, 2009).

1.2 Examine the information and knowledge needed to ensure effective decision making

Qualitative and Quantitative Information

Qualitative information means observing the insubstantial. The issues on an organization that is not just numerals obsessed can be only as significant as chomping the numerals. Quantitative information means observing as well as the real numerals. Observing several fiscal ratios or metrics is essential to the investigation of any business being observed. An inclusive investigation of an organization should contain observing both the quantitative and qualitative issues which would influence the making of decision…………….

Knowledge Management