This is just yet another my college assignment on Strategic Knowledge Management. In this paper I tried to find a connection between knowledge management and the hype of social media.
Application of knowledge management on the Internet is increasing. This is because the Internet offers new opportunities to use the knowledge assets, defining new types of knowledge assets, and spread even outside the organization. On the Internet itself now appears social media as a system of Internet-based knowledge sharing. Social media itself is nothing new, but now has changed into enabling more interactions in a more interactive ways and the number of the users has increased more then ever. The results showed knowledge management and social media have almost the same components. This allows the role of social media on the application of knowledge management, such as a collaboration tool with a clear business objective.
Many have argued that the Internet renders strategy obsolete. In reality, the opposite is true. Because the Internet tends to weaken industry profitability without providing proprietary operational advantages, it is more important than ever for companies to distinguish themselves through strategy. The winners will be those that view the Internet as a complement to, not a cannibal of, traditional ways of competing.
This is another group presentation we did on Corporate IT Strategy class. The presentation will walk you through a paper called The Strategic Potential of The Internet, Strategy and the Internet by Michael E. Porter published by Harvard Business Review or the HBR. Since all HBR paper is a looooong one, you might find this helpful.
Still though, read the whole paper to get in touch with the very inspirational minds of Mr. Porter. You can find the paper here:
This paper talked how people especially business so eager to jump into the intenet and made a big deal out of it. Not to mention to be the first mover myth. Remember the big dot com falls? But by doing so they had forgotten their strategy and just hoping everything will be settled after they used the internet.
This is a group presentation we did on class. Here we did a comparison for 3 international consumer product. In this case they were Nokia, Samsung Mobile, Sony Ericsson. You might find it interesting. Before jumping into the comparison in detail, I want to highlight some points, such as how cell phones (They are the big 3 in cell phones industry) has evolved and why web is important for these companies?
Most cellphone user internet literature and familiar with e-commerce.
User need detail info of the product (specification, dimention,etc)
Upgrade/download system or other application (even can drive more profit)
Vendors need third party development to improve their platform
You also can find some unique characteristics in these webs, such as: