Since the currently developing countries are unable to fund the growing needs of the public, international bodies help them out. This presentation discusses the issues faced in dealing with these projects.

1. Managing knowledge for
international projects
Submitted by:
Shivangi Saxena

2. 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.

3. 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

4. Institutions
Works at
instinct level
Insti
Tutors your
mind, heart
and body
tut
Charge you
either
positively or
negatively
ion
Institutions creates followers with a good charge

5. 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.

6. 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.

7. 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.

8. Knowledge FLOW
• The theory of knowledge conversion assumes that knowledge is created, converted and flows
through a spiral like process involving four steps:
Socialization
Combination
Externalization
Internalization

9. Case study

10. Preliminary findings
• Importance of knowledge on Global Projects:
Knowledge about the local project environment is necessary

11. 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

12. 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.

13. Thank You…