managing knowledge for international projects
TRANSCRIPT
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Managing knowledge for international projects
Submitted by:Shivangi Saxena
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Introduction• Population has been rising for the market countries and they would need to provide
its citizens with the basic needs like – water supply, roads, power, telecom infrastructure
• The emerging countries will not be able to satisfy the citizens with the existing funds.
• Hence, the involvement of financial institutions from the international community arises.
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International firms • Firms who derive at least 25% of their revenue from operations in countries outside
their home market.
• They have to deal with people from all horizons and encounter differences which cause risks and they add to the cost.
• The basic issues are due to the economic, political and cultural reasons.
• They also cause delay in completion of the projects
• Lack in knowledge of the local institutions also generates issues
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Institutions
Works at instinct level
InstiTutors your mind, heart and body
tutCharge you either positively or negatively
ion
Institutions creates followers with a good charge
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Institutional theory • Scott & Meyer :
Symbolic and behavioral system containing representation, constitutional and normative rules together with regulatory mechanism that define a common meaning system and give rise to distinctive actors and action routines.
• Meyer & Rowan :
Social process obligations or actualities that come to take on a rule like status in social thought or action.
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Institutional theory • Regulative Elements : includes machinery of governance (rules, laws, surveillance
machinery, sanctions and incentives.
• Normative Elements : focuses on perspective, evaluative and obligatory dimensions of social life
• Cultural – cognitive elements : focus of cultural anthropologists, cross – cultural psychologists and organization scholars.
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Knowledge based theory • Organizational knowledge is a resource with at least the same level of importance as
capital.
• Global firm engaged in multiple projects across the world is interested in using its collective knowledge to achieve higher performance.
• If an organization lacks structured ways of learning and sharing, it can lose time and resources spend on repeating the same mistake or re-inventing the wheel.
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Knowledge FLOW • The theory of knowledge conversion assumes that knowledge is created, converted
and flows through a spiral like process involving four steps:
Socia
lizat
ion
Com
bina
tion
Exte
rnal
izatio
n
Inte
rnal
izatio
n
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Case study
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Preliminary findings • Importance of knowledge on Global Projects:
Knowledge about the local project environment is necessary
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Preliminary findings Mobilization of knowledge on Global projects
• Getting the right knowledge within the organization to the right people and project at the right time.
• The companies that do not have an IT platform in place rely almost exclusively on socialization methods
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conclusions• IT platforms allow codified institutional knowledge to be transferred
• Socialization methods are used to share the more tactic and subtle components of normaltive and cultural cognitive knowledge.
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Thank You…