Question 1

Choose a company, organisation or work unit that is different from the one you used in your assignments during Semester 5, 2019. The company, organisation or work unit you choose for this supplementary assessment must be real. You can refer to MyLO posts on how to select a suitable one. Complete the following tasks:
a. Briefly describe the nature of the company, organisation or work unit you have chosen and identify its knowledge assets.
[20 marks]
b. Identify and explore the major challenges to effective knowledge dissemination and application in the company, organisation or work unit. How particular are the challenges to the company, organisation or work unit, as distinct from the more generic challenges faced by most organisations?
[40 marks]
c. How can the culture of the company, organisation or work unit be leveraged to facilitate knowledge dissemination, application and creation? Give some specific examples related to your chosen company, organisation or work unit to support your answers.
[40 marks]
The assessment should be presented as a structured essay. At least 15 references need to be provided in this assessment.

Solution

Knowledge Management Supplementary Assessment

Knowledge management refers to the systematic management of the existing organization’s knowledge assets (Darkir, 2017). Knowledge management is essential because it creates value and helps the organization meet both its tactical and strategic objectives. It is made up of initiatives by the concerned departments, processes, systems, and strategies aimed at making use of the available knowledge resources. As such, knowledge management is concerned with the storage of knowledge, its assessment, transfer, creation, and refinement.

Question 1a

Deloitte is a multinational organization operating in multiple countries all around the world. In Australia, Deloitte hires thousands of professionals across their offices to give audit services, financial advice, economics services, financial advice, technology services, tax services, and human capital. Deloitte Australia is a partnership with Deloitte Touche Tohmatsu. Deloitte Australia contributes significantly to the country’s revenue stream, having made A$2.013 billion dollars for the 2018 financial year (Deloitte, 2020)……………………………To access the rest of the solution for $10, please click on the purchase button.