knowledge management

Topics: Knowledge management, Knowledge, Management Pages: 7 (1272 words) Published: April 19, 2014
Higher School of Economics
National Research University, Perm
Management Faculty

ESSAY
Knowledge Chain in Rosatom Corporation: strengths and weaknesses (on the base of the book «Rosatom is Sharing Knowledge»)

Executed by the students:
J. Bagaeva
Y. Batueva
Mar-13-1

Lecturer:
M. Molodchik

Perm 2014

CONTENTS

Introduction ………………………………………………………………………..3 Knowledge Chain in Rosatom Corporation: strengths and weaknesses…………...4 Conclusion …………………………………………………………………………6 References …………………………………………………………………………7

Introduction

For the past several decades knowledge has become extremely important asset of a company. Nowadays large organizations and even small companies have to address the issues of Knowledge Management in order to increase flexibility and efficiency, reduce lead time and involve people as much as possible. As it was mentioned in 1996 by McKern [1; 13-18], the major forces of change are the following: globalization, higher degrees of complexity, new technologies, increased competition, changing client demands, and changing economic and political structures. So companies are starting to understand that the core and sustainable resource of competitive advantages are their employees. In other words all the knowledge about technologies, markets, customers and various development ideas belongs to employees. Therefore it is strictly important for the companies to retain, develop, organize and use competences of their personnel in order to maintain required level of competitiveness. As a result the tool, called Knowledge Management, was developed. Although the majority of market players believe that it is useful, they are not exactly sure what it is and how it can be applied. The purpose of the current essay is to explain it on the base of Russian corporation Rosatom and to express authors’ opinion on its strengths and weaknesses.

Knowledge Chain in Rosatom Corporation: strengths and weaknesses

First of all the meaning of Knowledge Management shall be explained. There are many different definitions of this idea. As per Roos [2; 413-429] it is an integral part of intellectual capital. Businessdictionary.com gives us the following explanation of KC: Strategies and processes designed to identify, capture, structure, value, leverage, and share an organization's intellectual assets to enhance its performance and competitiveness. It is based on two critical activities: (1) capture and documentation of individual explicit and tacit knowledge, and (2) its dissemination within the organization. This definition is from our point of view universal and intelligible. So Knowledge Management allows to control intellectual capital of a company, including knowledge, applied experience, organizational technology, R&D, customer relationships and professional skills [3; 12-13]. As a result KM leads to overall improvement of efficiency of company’s performance. All the business processes in the company transfer knowledge and share it between users [4]. Thus seven key success factors were suggested by Skyrme and Amidon [5]. The majority of these factors are directly connected to people’s activities and performance: a strong link to a business imperative, a compelling vision and architecture, knowledge leadership, knowledge-creating and -sharing culture, continuous learning, a well-developed technology infrastructure, a systematic organizational learning processes. The combination of all these factors provides strong and permanent development and enhancement of company’s performance. Rosatom State Atomic Energy Corporation (Rosatom) (Russian: Росатом), is a state corporation (non-profit organization) in Russia, established in 2007, the regulatory body of the Russian nuclear complex. Recently Rosatom has faced problems related to internal control...
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