Welcome to Guest !
 
       IUP Publications
              (Since 1994)
Home About IUP Journals Books Archives Publication Ethics
     
  Subscriber Services   |   Feedback   |   Subscription Form
 
 
Login:
- - - - - - - - - - - - - - - - - -- - - - - - - - - - - -
-
   
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
 
The IUP Journal of Knowledge Management
Focus

Identifying the required knowledge is the first step in a knowledge management system, and knowledge management focuses on this step initially. Nonaka and Takeuchi (1995) assert that the conversion of data into knowledge through the process of chain of knowledge creation involves multiple levels—individual, group, organizational, and inter-organizational—with different people getting involved at each level. According to Churchman (1964), the inability of managers to transform the available information into knowledge of action is a serious impediment that affects the process of decision making inside organizations. Proper leadership at group level will lead to a better knowledge management environment and proper utilization of the knowledge of the people. Fareed Hussain (2004) reports that knowledge management requires a major transformation in the organizational culture to create a desire to share the development of methods that ensure that knowledge bases are kept current and relevant, and a commitment at the level of a firm for it to succeed. He added that organizations should establish a culture conducive to more effective knowledge creation, transfer, and use. Technology acts as a foundation for knowledge infrastructure to manage knowledge effectively.

The paper, “The Relationship of Knowledge Identification and Creation with Leadership, Culture and Technology”, by Mohnish Kumar, deals with the descriptive and diagnostic research of knowledge identification and creation dimensions of knowledge management process and attempts to find out the relationship and impact of organizational culture, leadership, background variables and technology in this context. Four leadership groups of activities—expressive environment facilitator, non-bossy leader, democratic leader, and expectancy pressure of a leader—are considered along with eight OCTAPACE ethos, five technology variables and other relevant variables for modeling of the data. It was found that in the presence of positive OCTAPACE organizational cultural ethos and good IT system, expectancy-free and non-bossy leadership practices help the organization to identify and create knowledge.

Knowledge sharing enables an organization to access its own and other organizations’ knowledge as well, leading to extended learning processes and ultimately organizational learning. The employees will be highly benefited with proper provision of task information and know-how, which, in the words of Sveiby (1997), is the key to new organizational wealth. They can help and collaborate with others to meet the the day-to-day work-related challenges in solving problems. The authors, Emad Abu-Shanab, Maram Haddad and Michael B Knight, in the paper, “Knowledge Sharing Practices and the Learning Organization: A Study”, have studied various knowledge sharing practices in the Jordanian communication sector, the level of involvement in those practices within organizations and the benefits of different practices to gain a good level of organizational learning. It was concluded that knowledge sharing practices act as significant predictors of ongoing organizational learning.

A compensatory model, which is a multi-attribute model, allows positive attributes to compensate for negative attributes. In this model, the decision maker arrives at a choice of decision by considering all of the attributes and by mentally trading off the alternative’s perceived weakness on one or more attributes with its perceived strength on other attributes. In the paper, “Quantitative Analysis of Compensatory Model: The Impact of Shopping Malls on the City Structure”, the author, Prathamesh Muzumdar, measures the influence of shopping mall on four major attributes of the city of Bloomington-Normal of USA: (1) change in environment; (2) change in architectural and urban perception; (3) change in communication and transportation; and (4) change in the economic aspect of necessity of a city. The author uses the compensatory model to evaluate each attribute with respect to belief and attitudes of individual towards the attribute. A multivariate correlation analysis was used to assess the interrelationships among the attributes and how the change in one attribute affects another attribute. It was concluded that the change occurring in the environment was sustained by the existing cultural influences on the city; the environment was able to sustain the cultural differences that would have occurred due to the influence of shopping mall on the city; the transport and communication in the city grew up with the increase in shopping malls; and a major change occurred with respect to urbanization and architectural perception.

-- Nasina Jigeesh
Consulting Editor

<< Back
Search
 

  www
  IUP

Search
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
 
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
 
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Click here to upload your Article

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Automated Teller Machines (ATMs): The Changing Face of Banking in India

Bank Management
Information and communication technology has changed the way in which banks provide services to its customers. These days the customers are able to perform their routine banking transactions without even entering the bank premises. ATM is one such development in recent years, which provides remote banking services all over the world, including India. This paper analyzes the development of this self-service banking in India based on the secondary data.

The Information and Communication Technology (ICT) is playing a very important role in the progress and advancement in almost all walks of life. The deregulated environment has provided an opportunity to restructure the means and methods of delivery of services in many areas, including the banking sector. The ICT has been a focused issue in the past two decades in Indian banking. In fact, ICTs are enabling the banks to change the way in which they are functioning. Improved customer service has become very important for the very survival and growth of banking sector in the reforms era. The technological advancements, deregulations, and intense competition due to the entry of private sector and foreign banks have altered the face of banking from one of mere intermediation to one of provider of quick, efficient and customer-friendly services. With the introduction and adoption of ICT in the banking sector, the customers are fast moving away from the traditional branch banking system to the convenient and comfort of virtual banking. The most important virtual banking services are phone banking, mobile banking, Internet banking and ATM banking. These electronic channels have enhanced the delivery of banking services accurately and efficiently to the customers. The ATMs are an important part of a bank’s alternative channel to reach the customers, to showcase products and services and to create brand awareness. This is reflected in the increase in the number of ATMs all over the world. ATM is one of the most widely used remote banking services all over the world, including India. This paper analyzes the growth of ATMs of different bank groups in India.
International Scenario

If ATMs are largely available over geographically dispersed areas, the benefit from using an ATM will increase as customers will be able to access their bank accounts from any geographic location. This would imply that the value of an ATM network increases with the number of available ATM locations, and the value of a bank network to a customer will be determined in part by the final network size of the banking system. The statistical information on the growth of branches and ATM network in select countries.

Indian Scenario

The financial services industry in India has witnessed a phenomenal growth, diversification and specialization since the initiation of financial sector reforms in 1991. Greater customer orientation is the only way to retain customer loyalty and withstand competition in the liberalized world. In a market-driven strategy of development, customer preference is of paramount importance in any economy. Gone are the days when customers used to come to the doorsteps of banks. Now the banks are required to chase the customers; only those banks which are customercentric and extremely focused on the needs of their clients can succeed in their business today.

more...

 
View Previous Issues
Knowledge Management