Traditional Business and Knowledge Based Organization
Today, most traditional businesses are indeed changing, that is to say, most offices are today prepared or preparing to throw away their mimeographs, carbon paper, and sometimes even their fax machines, in order to acquire the more powerful and versatile Personal Computer, and the various assorted benefits that having a personal computer would bring about, like for example, one's own E mail ID, and this means that high technology is being integrated into the age old traditional businesses of yesterday, and they are indeed changing, and becoming more knowledge based businesses. However, one must remember that at the same time, there are many businesses all over the United States of America, for example, it is indeed a fact that most of these businesses have corporate playbooks that have not been updated since the 1980's. What this means that many firms have taken to using a lot of money for bringing about changes, but do not utilize these changes in an optimum manner, and this in turn means that the resources, strengths and the manpower of these firms would be lost for no reason at all. (New Media Survey, Business Strategies Converge with New Media Strategies) When knowledge is required to be transferred form a traditional one
to a knowledge based one, then it must be remembered that there are three basic methods of transferring, one being that of the sharing of tacit knowledge between two teams, another being the strategic transfer of knowledge, and finally, the so called 'expert transfer', which involves the assimilation of certain expert knowledge from experts, when the team working on a problem may feel that it is beyond their capability to handle the problem on their own. (Gupta; Sharma, 2003) All businesses, however, would need very effective managers if they desired optimum performances. Today, a 'business architect' is a cross functional person, who would have all the knowledge necessary to run a knowledge based enterprise successfully. (Effective Manager) when a business wants to change into knowledge based, and then of course, it must be willing to pay for the costs. (Khosrow-Pour, 2003) Therefore, a knowledge based system can also be described as a system of operation that uses either an organization wide, or a global knowledge base, and this would provide the manager or the decision maker with the sufficient knowledge for problem solving and decision making processes, and when armed with the high technolo
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Approximate Word count = 811
Approximate Pages = 3 (250 words per page double spaced)
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