Quality and Information Systems Strategies Essay

Quality and Information Systems Strategies - Essay ExampleIn accordance with the above study, the ability of firms around the world to capture and image knowledge is depended on a series of factors the size of the firm and its financial strength has been proved to be critical factors regarding the ability of a firm to perform knowledge throughout its departments. The various forms of knowledge within modern organizations can be observed in Figure 1 (Appendix) where these forms are set hierarchically in order for the importance to be identified. The effective management of knowledge in modern firms is crucial in order for the various strategic plans create within a specific organization to be appropriate, i.e. to lead to the achievement of the targets set by the firms strategic management team. The above arrogance is also supported by Steyn (2004) who stated that successful organisations are knowledge-creating organisations, which produce, disseminate and embody new knowledge in n ew products and services (Steyn, 2004, 615). In early(a) words, gathering, evaluation and distribution of knowledge across modern organization is a highly important part of the organizational activity supporting the training of strategic plans that are effective both in the short and the long term. For this reason, firms of all sizes mother tried to establish IT systems that will be able to capture, evaluate and circularise the knowledge required for the smooth development of all organizational activities as well as for the growth of the firm in the long term. Establishing the IS required for the development of corporate activities is a challenging task for all managers worldwide no matter the size of the firm involved. Towards this direction, it is supported by Reid et al. (2004) that managers in modern organizations should have a strategic foresight that can play a significant role in the long term success, or failure, of business