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Unit 13: Knowledge Management




                                                                                                Notes
             its people and business operations in a well planned and coherent framework which is
             well reflected in the business’ strategy. This way, all its branches have been able to ensure
             that all aspects of personnel management are reinforced for the purpose of improving and
             developing the performance of the business.

             Knowledge Management with Regard to Communication and Feedback at the Wal-Mart
             At the Wal-Mart stores, knowledge management is made into use with regard to conflict
             management and as such, a complex system of solving conflicts has been created. The
             company’s intellectual negotiation capability enables it to differentiate between principles
             and discover prone areas and discard them. Ascending principles and self-esteem are two
             key issues that have been addressed appropriately through subjective application of
             knowledge management in enhancing effective communication in company.

             Managers at the Wal-Mart have succeeded primarily due to their ability to manoeuvre the
             staff into undertaking positive transformations. The mangers are very intellectual in
             tackling company targets and are able to dictate the decision making conclusions without
             necessarily having to court grievances from some quarters of the staff. The management
             is always ready to guide and protect the staff by providing articulate resources through
             which the staff and the management can share their knowledge management experiences
             and the management is always ready for unexpected issues raised by the staff. The
             environment at the Wal-Mart stores encourages team work with great focus on future
             growth.
             Through the use of knowledge management practices, the Wal-Mart stores has managed
             to usher in a new form of employee motivation that focuses on employee retention till
             retirement and gives annual rewards to best performing employees with great emphasis
             on appraisals as well as potentiality in performance and productivity. For this reason,
             knowledge management at the Wal-Mart has greatly been enhanced by managers who
             have always ensure that the staff are well maintained and can get time offs and cash
             rewards which includes gift vouchers prioritizing family needs. Production and
             performance has been achieved by the collective responsibility of the staff and the company
             is now able to balance management roles with global trends in the same industry.
             The Extent of Knowledge Management

             Enhancing knowledge and talent management at the Wal-Mart’s intellect for quick
             requirement has really widened its scope for global gains with respect to the corporation’s
             targeted goals and tasks. At the Wal-Mart stores, assignments and projects are monitored
             continuously. Checking operation progress thoroughly ensures high productivity and
             performance for all staff. In the Wal-Mart jobs are always checked fully to ensure that staff
             and employers blend for one target of productivity and targeted tasks. Continuous need
             for productivity is essential for upheavals identification. Help in performance for staff has
             significantly elevated the appraisal times thereby enabling constant blending between
             managers and staff.
             In enhancing the stores’ acceleration of performance, it has been extremely essential for it
             to define its objectives. The company’s staff is very competent throughout the branches
             and subsidiaries and thus, they can accept any new applications with respect to knowledge
             management. Performing required duties on all necessary management issues will result
             in excellence in the firm thus motivating the corporation’s all staff to go up the ladder.
             Promotions for staff annually by “on the Job Training” achieve a greater scope in
             implementation of the productivity and performance of staff and manager. At any moment,
             appraisal granting it necessary to staff by pay grade increases moral and motivation of all
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