Thursday, January 2, 2020

Organizational Structure And Information Sharing Culture

The cumulative knowledge of employees, suppliers, customers and other key stakeholders has seen many organizations become dependent on individuals other than their employees. This is because the global economy has transformed into an information-driven economy while heavily relying on technology. A great influence on an organization’s success is its ability to share available information among organizational members. Proper sharing of information, which requires a free flow of information among the members of an organization, breeds a competitive advantage. An organization’s wealth information is, therefore, a combination of the information held by all stakeholders. To pool this information for easier access, the formality in an†¦show more content†¦In fact, the significance of sharing information among members of an organization can be analyzed from the perspective of dealing and adapting to situations that can be termed as disastrous or emergency. The free flow of information is a concern with the movement of information or data between the members of an organization. In information sharing, there is need to distinguish between information, data, and knowledge. The transferable knowledge is tacit in nature (Ferreire Plessis, 2009). The information sharing aspects of an organization are driven by the organizational characteristics of culture and subculture (Ferreire Plessis, 2009). Exchange of information between and within an organization reinforces response activities by members of the team during disasters. In times of disasters, multiple organizations collect, collate and communicate data and information to decide how resource allocation will be done as a means to minimize social and economic impacts. To increase performance within an organization, there is need to disseminate new information continually to key individuals. This information plays the role of an economic resource (Li Lin, 2006). Li Lin (2006) relates sharing of information to activities of a value chain within the subcultures of the organization. Each subculture tends to: (i) need different data, information, andShow MoreRelatedEssay On Knowledge Sharing1479 Words   |  6 Pagesthrough knowledge sharing has been constantly overlook and ignored in less developing countries like Pakistan. Under the current study attempt was made to delineate the factors that enhance, facilitates and influence knowledge sharing in developing countries. The current research focuses on banking sector and made contribution in Pakistani scholarly circle within the context of banks. The limited evidences are found that focus on these variable in banking context. 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