Ernst & Young (E&Y) is one of the largest professional services firms in the world with over 152,000 employees across 100+ countries. Since 1994, E&Y has made pioneering efforts in knowledge management and organizational learning (KM/OL) and has received over a dozen awards for its leadership in this area. E&Y takes a centralized approach to KM, with its Center for Business Knowledge (CBK) responsible for knowledge strategy, infrastructure, and research services. The firm's intranet, called Knowledge Web, provides access to over 1 million documents and knowledge repositories across the firm. E&Y has also focused on building a knowledge sharing culture through extensive training programs, internal marketing, and reward mechanisms
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Newell’s goal is to increase its sales and profitability by offering a comprehensive range of products and reliable service to the mass retail channel. Newell has chosen to develop its product line through key acquisitions, rather than internal organic growth. The strategy succeeds based on their two pronged approach of following an established acquisition process (Newellization) and ensuring corporate continuity across the division to support its performance in the market. This strategy helps Newell successfully diversify their portfolio of products for mass retailers.
IBM Strategy and Values: (1) Focus on open technologies and high- value solutions, (2) Deliver integration and innovation to clients, (3) Become the premier Globally Integrated Enterprise.
1. Sector, Company, Product / Service (Overview)
2. Discuss the functions of HR managers in Infosys.
3. Define Organization structure and justify the structure for Infosys company.
It's an analysis about Accenture, they involved businesses and activities. Included the brief history of Accenture, business, market growth, competitor details, how they placed into market and Accenture strategy for business consulting.The slide helpful for students on there academic purposes.
Case study on infosys technologies – the bestAbhinav Kp
Humble Beginning & Spectacular Growth
Found in 1981,
By N.R. Narayana Murthy & his six colleagues
Global Presence with 32 sales offices in 17 countries & 33 global development centre
Formed in 2011, The Infotention Network, LLC focuses on developing courses, tools, and the learning networks required to enable the fullest participation of an informed citizenry and the development of a sustainable capable and confident workforce.
IBM Strategy and Values: (1) Focus on open technologies and high- value solutions, (2) Deliver integration and innovation to clients, (3) Become the premier Globally Integrated Enterprise.
1. Sector, Company, Product / Service (Overview)
2. Discuss the functions of HR managers in Infosys.
3. Define Organization structure and justify the structure for Infosys company.
It's an analysis about Accenture, they involved businesses and activities. Included the brief history of Accenture, business, market growth, competitor details, how they placed into market and Accenture strategy for business consulting.The slide helpful for students on there academic purposes.
Case study on infosys technologies – the bestAbhinav Kp
Humble Beginning & Spectacular Growth
Found in 1981,
By N.R. Narayana Murthy & his six colleagues
Global Presence with 32 sales offices in 17 countries & 33 global development centre
Formed in 2011, The Infotention Network, LLC focuses on developing courses, tools, and the learning networks required to enable the fullest participation of an informed citizenry and the development of a sustainable capable and confident workforce.
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This webinar will explore a broad range of issues in the corporate market. Today organizations face a variety of challenges such as an aging workforce, skill/talent shortages, loss of institutional knowledge, and limited resources for developing their workforce to optimize portfolios, infrastructure and assets for improved growth and returns. Managing all these aspects (e.g., financial, operations, human capital) in a fast paced, adapting global environment is challenging. Specific areas of interest may focus on how to attract, develop and retain talented and diverse individuals which enables true optimization of portfolios, infrastructure and assets for improved growth and returns leveraging learning technologies.
The Big Data Journey – How Companies Adopt Hadoop - StampedeCon 2016StampedeCon
Hadoop adoption is a journey. Depending on the business the process can take weeks, months, or even years. Hadoop is a transformative technology so the challenges have less to do with the technology and more to do with how a company adapts itself to a new way of thinking about data. There are challenges for companies who have lived with an application driven business for the last two decades to suddenly become data driven. Companies need to begin thinking less in terms of single, silo’d servers and more about “the cluster”.
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"There is no alternative to digital transformation. Visionary companies will carve out new strategic options for themselves- those that don't adapt will fail." Jeff Bezos
In today's competitive business world, leaders must create learning experiences catering to the modern learner. Hence, the need for digitised traditional content has never been more critical.
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The success of implementing technology and dealing business changes across the enterprise has never been more critical to a company’s market relevance, financial growth and employee productivity. As companies grow in either size, service and product offerings or complexity, the increased demand to deliver consistent high quality support becomes more and more challenging. Knowledge Management (KM) has the power to transform the way services are delivered and experienced by both the valued customer and the productive employee as business is conducted on a daily basis. Organizations continuing to struggle with measuring sustainable business benefits from implementing technology and business change will benefit greatly from the industry lessons learned from successful KM implementations. Peter McGarahan, a support industry analyst and expert, will share his experiences and thought leadership on successfully implementing KM to support and enable technology and business change across the enterprise. Peter will provide lessons learned and recommended practices from his Service Delivery and Knowledge Management (KM) consulting experience that will change your perspective on how to do Knowledge right! Attendees will gain valuable insights into the following aspects of the topic:
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Practical Knowledge Management – Leveraging People, Process & Technology to E...Enterprise Knowledge
The presentation leverages several recent success stories from EK's client work to discuss current themes in Knowledge and Information Management systems design and development. It includes examples and discussion of Cloud, Agile, Taxonomy, and Change Management, amongst other themes.
Competencies and Job Assessment of Information Professionals in the 21st CenturyShirley Ingles-Cruz
This article is primarily based on the “Competencies for Information Professionals (IP) of the 21st Century” prepared for the Special Libraries Association Board of Directors which has been constantly updated and reviewed by the Special Committee on Competencies for Special Librarians.
It is a general idea as well as a comparative analysis of competencies required of IPs to have a better understanding of what is expected of them in the 21st century.
Best of the Intranet Global Forum LA 2015Toby Ward
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Memorandum Of Association Constitution of Company.pptseri bangash
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A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
Contents of Memorandum of Association:
Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
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Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
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Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
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Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
Importance of Memorandum of Association:
Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process.
Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
https://seribangash.com/difference-public-and-private-company-law/
Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
Amendment of MOA:
While the MOA lays down the company's fundamental principles, it is not entirely immutable. It can be amended, but only under specific circumstances and in compliance with legal procedures. Amendments typically require shareholder
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Attending a job Interview for B1 and B2 Englsih learnersErika906060
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Implicitly or explicitly all competing businesses employ a strategy to select a mix
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(i.e., industry structure in the language of economics).
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2.
Ernst & Young (“E&Y”) is one of the world’s largest integrated
professional service firms and an acknowledged global leader in
knowledge management.
The firm has over 152,000 employees in over 100 countries, practicing in
four service lines: audit and business advisory, tax and law, consulting, and
corporate finance.
Since its pioneering knowledge management and organizational learning
(“KM/OL”) efforts began in 1994, the firm has since received at least a
dozen awards for its KM/OL leadership.
12 February 2014
3.
These include being named in the Top five world’s Most Admired
Knowledge Enterprises (MAKE Award) recognition two years running.
The firm’s employees share a 650-person centrally managed Knowledge
Organization (the “CBK—Center for Business Knowledge”), and have
universal access to its knowledge-powered Intranet (the “Knowledge
Web”).
The firm is selling its consulting practice to Cap Gemini, but Cap Gemini
has insisted on having ongoing access to the CBK and the Knowledge Web
as part of the deal.
12 February 2014
6. Accordingly, E&Y established a Global Knowledge Steering Group
(“GKSG”) consisting of the newly-appointed Chief Knowledge Officers
of its US, Canadian, and UK firms.
In addition, the GKSG included the global Vice Chair who is responsible
for infrastructure, reporting directly to the global management committee.
It had just drafted a business strategy called Future State, whose four
major focuses (development of a sales culture, practice globalization,
becoming an Employer of Choice, and accelerating speed-to-market),
dovetailed precisely with the potential offerings of KM/OL.
12 February 2014
7. The four drivers of the need for world-class KM/OL at E&Y were (and still
are):
Growth: E&Y needed to accelerate the development of new products and
services especially in the e-commerce area, to replace “commodity”
services and increase organizational growth.
Cost and Speed to Market: Both in pursuit of new assignments and in
work delivery, E&Y needed to reduce cost-of-sales and reduce time to
prepare deliverables.
Customer Satisfaction: E&Y needed to increase its depth of knowledge
about clients and their industries and about its own global competencies
and best practices to enhance customer satisfaction and increase “share of
client”.
12 February 2014
8.
Learning Curve: Due to the traditional high turnover in its profession,
E&Y needed to offer its people access to learning materials and
knowledge that would make them quickly proficient and productive in
new practice areas.
12 February 2014
9. E&Y’s knowledge program assessment has focused, since day one, on five
types of success measures:
Accessibility of the firm’s people to KM/OL resources and staff (this
measure category was later dropped when penetration reached 100%).
Rate of contribution of knowledge to the firm’s repositories.
Rate of re-use of knowledge from the firm’s repositories.
User-surveyed quality of knowledge in the firm’s repositories and of
deliverables of CBK staff.
Recognition of E&Y’s KM/OL leadership by three groups: outside awards,
E&Y’s own people (unsolicited kudos), and university recruiters (becoming
an “Employer of Choice”).
12 February 2014
10. Building on a set of mutually agreed fundamental KM/OL principles, the GKSG developed a
5-step process to implement KM/OL
1. Strategy: Development of a KM/OL strategy, future state vision, value propositions, and
design principles (managed by the GKSG itself).
2. Architecture: Design and development of the knowledge architecture, access tools and
content, both internal-source and external-source (managed by the CBK Architecture and
Extranet groups).
3. Infrastructure: Design and development of the seven distinct) roles, knowledge network
mechanisms and HR to support KM/OL (managed by the CBK Knowledge Services and
Knowledge Networks groups).
4. Culture
5. Innovation:
12 February 2014
11.
E&Y selected a combination of a Lotus Notes and Web technology
platform, for pragmatic reasons.
Practitioners spend an average of 4 days out of 5 at client sites, where they
were often disconnected from the Web.
The practitioners needed Notes’ ability to automatically replicate changes
to major repositories to users’ hard drives when users were connected to
the firm network, so that these repositories would be available when they
weren’t. Notes was also a simple platform for adding, deleting, and
maintaining content, requiring no programming or Web skills.
12 February 2014
12. The firm also decided upon a small, standard set of repository formats, or “container
types.” These ranged from:
Simple Small Document Libraries and Engagement Team Databases, used by
teams in a small community of practice or work assignment respectively.
More sophisticated Large Document Repositories, with a comprehensive indexing
taxonomy for finding relevant documents among tens of thousands of unfiltered
“knowledge objects,”
PowerPacks, the highly filtered, tightly organized “best-of-the best” repositories
on specific, professional, subject-matter areas. The architecture group designed
these standard container types by selecting best practices from existing consulting
services databases. They then generalized them into reusable templates.
12 February 2014
13. Network Communications, made up of industry news and events details
Sales and Marketing Material, comprising brochures, presentations, proposals, credentials, client
and competitor information.
Service Delivery, made up of exemplary client deliverables, tools and methodologies, internal
best practices and war stories.
Process Models, Benchmarks and Leading Practices— such as external practices, processes and
performance measures.
Regulations and Technical Standards, which are industry specific regulations and standards.
E&Y Articles, Publications & Research, such as published articles, speeches, white papers, and
position statements.
Learning Resources, which are training materials and external reference material.
12 February 2014
14. E&Y has put in place a central service responsible for internal knowledge
management, the Center for Business Knowledge (CBK).
The center is in charge of:
Strategic analysis at both industry and company level.
The knowledge infrastructure. This involves designing tools, processes, and
principles for knowledge sharing throughout the organization.
Specialist research services, offered to the rest of the firm on a cost recovery
basis. These services are delivered through a business research team and a
strategy analysis team. These teams carry out in-depth, focused analysis on
demand.
12 February 2014
15.
The firm’s approach to KM is, therefore, fairly centralized. E&Y thinks the
centralized approach is necessary to ensure adequate coordination of the
knowledge efforts of the firm, develop and apply common standards, and
ensure best practice.
A key feature of KM at E&Y is the building of knowledge networks across
the firm.
Knowledge networks are virtual groups of people who participate in a
particular industry, process, or discipline.
12 February 2014
16.
The main “home” for knowledge at E&Y is called Knowledge Web
(KWeb). The KWeb is essentially a gateway to:
In excess of 1,000,000 documents—a number which is growing on a daily
basis.
5,000 internal “Lotus Notes Databases”, of which 8% to 10% are full
knowledge bases (the others being workflow or administration databases).
External content, such as Reuters Business Briefing, Gartner Group
research, Forrester, OneSource, and other company financial databases, etc.
12 February 2014
17. Architecture Implementation
As Web and connectivity technologies have improved, the firm has “Dominoized” most of its Notes-based architecture. It has developed a succession of
increasingly powerful Web-based navigation tools:
Knowledge Catalogue : a simple “table of contents” searchable directory of
the firm’s 1000+ knowledge repositories.
Knowledge Search Engine : a complete key-word index of over 1 million
knowledge objects, with relevancy ranking and an ability to display retrieved
objects in both native (e.g. Notes, Word or PowerPoint) and Web format.
12 February 2014
18.
Service Delivery Tools : self-documenting software applications that take
practitioners step-by-step through a professional sale, service delivery, or
practice management process, and automatically extract the knowledge
from the “KnowledgeWeb” that is relevant to each process step.
Personal Home Page : a completely configurable personal Intranet Home
Page that links to all of the profiled news, repositories, communities of
interest, service delivery tools, schedules and work-lists.
Community HomeSpaces : navigators that give members of a Community
of Interest dynamic access to all of the knowledge, and only the
knowledge, about the community’s subject matter.
12 February 2014
19. People and Culture:
E&Y’s Knowledge Culture initiatives encompass training, internal marketing,
communication, measurement, and reward mechanisms. These are all designed to
reinforce the importance of making knowledge sharing an integral part of what
everyone in the firm does.
Ultimately, the goal is to embed “knowledge behaviors” into all core business processes
so that knowledge sharing simply becomes, as one practitioner recently put it, “the way
we do things around here.”
The CBK provided curricula, internal marketing material and “train the trainer”
sessions to these departments. The customization was left to localized needs.
E&Y’s KM/OL training focuses on three things: awareness of KM/OL resources, how
to use repositories and access tools, and effective knowledge network training.
12 February 2014
20.
Training for the knowledge professionals (CBK staff plus practitioners with specific KM/OL
roles described earlier) is separate from training for end users.
Knowledge training is currently integrated into all service line PD programs. Three training tools
and techniques are used:
An entry-level curriculum to bring new hires up to speed;
The Global Deployment Hub to house KM/OL training materials and DTL modules.
Business Unit training liaisons which are people from the CBK who train-the-trainers and
help business units embed KM/OL modules into their training curricula.
Through these three training methods, over 80,000 E&Y employees have been trained since
1996, one business unit at a time.
Each training started with a pilot group in each country and each service line to adapt the
training to local and specialty needs.
The critical aspects of the implementation program have all been Knowledge Culture change
aspects: communication, training, internal marketing, measurement & reward, and achieving
external recognition for KM/OL achievements. It is a never-ending challenge.
12 February 2014
21.
E&Y continues to offer “lunch & learn” training in new KM/OL products.
E&Y offers an automated “assisted navigation” feature in its access toolkit
that helps users find what they need online by asking and answering simple
English-language questions.
The goals now are to simplify tools and processes to make the use of
KM/OL easier, reduce training needs, and handle information overload.
12 February 2014
22. E&Y’s KM/OL strategy has benefited the firm in six ways.
Its Return on Investment (“ROI”) in technology is much higher the
proportion of practitioners using their laptops for more than just e-mail has
risen from under half to over 90 percent since 1996.
New staff has become knowledgeable and hence productive in the field
much faster.
Many deliverables are built on templates or on deliverables from previous
assignments, rather than built from scratch.
As testimonials and customer data indicates, E&Y clients, its people, and
outside evaluators all see E&Y as a global leader in KM/OL.
12 February 2014
23.
Its clients see E&Y as more knowledgeable about their business, and
therefore view it as a more rounded service provider.
Potential new recruits now perceive E&Y as an excellent learning
environment to work in and hence E& Y is an Employer of Choice.
12 February 2014
24. The four types of measures described in Phase One remain the firm’s key evaluation
criteria:
Rate of contribution of knowledge to the firm’s repositories (number of new knowledge
objects added).
Rate of re-use of knowledge from the firm’s repositories (number of user sessions per
day).
User-surveyed quality of knowledge in the firm’s repositories, and of deliverables of
CBK staff (users rate completeness, accuracy, subjective value and timeliness on a 10point scale).
Recognition of E&Y’s KM/OL leadership by three groups: outside awards, E&Y’s own
people (unsolicited kudos), and university recruiters (becoming an Employer of
Choice).
12 February 2014
25.
E&Y faces two main challenges in sustaining its “Knowledge
Advantage” The next KM/OL frontier after Knowledge Sharing is
Knowledge Collaboration the leveraging of knowledge in a collaborative
environment, rather than just person-to-person knowledge transfer Work
assignments (even those meted out by work teams) are to individuals.
This raises the KM/OL ante from knowledge sharing to knowledge-
collaboration.
It will require a quantum increase in effort, cultural change, improvement
in supporting technologies, and KM/OL thought leadership. While E&Y is
working with several leading-edge organizations to grapple with this issue,
the challenge is daunting.
12 February 2014
26.
Delivering Value
Delivering value is a key objective of the knowledge management effort at
E&Y.
Financially, partners need to be convinced that resources (people, time,
money, purchase of external content) need to be committed to the KM
efforts.
12 February 2014
27.
In the first stages of implementation, for instance, the roll-out of the full text
search engine was put on hold for a while. This was partly due to budgetary
constraints, essentially brought about by the need for benefits to be
demonstrated before further funds were committed. Demonstrating value is
also seen as an important building stone of the knowledge sharing culture.
Being involved in the knowledge process takes time and effort at all levels,
and this has to be justified, and justifiable.
The firm and, therefore, the business units need to keep funding the effort,
and individuals need to share and use knowledge. It is an onerous process at
all levels.
12 February 2014