Jitendrasxn Blogs

  CHANGE MANAGEMENT In this   entire   world , nothing is permanent   e.g.   time , age , nature , human behaviour , circumstances , thoughts , way of working , working techniques , law and order and so on . According to the Great Greek philosopher – Heraclitus of Ephesus   “ The only thing that is Constant is Change “     Change is   mandatory for development , growth , invention , creation , production etc. It is useful to remember that life does not get better by   chance , it gets better by change . Change is the law of life and those look only to the past or present are certain to miss the future . The inherent nature of life is constant change . to fear change is to fear life itself. While   Change is discussed   in the context of business, productivity   and creation   Change is necessary for growth and   modernisation of business. Without change any business would reach on its saturation point very soon , after that further growth and development is not possible , and th

  RISK MANAGEMENT Risk management encompasses the   identification , analysis and response to risk factors that form part of the life of an organisation. Risk Management is the process of identifying , assessing and controlling threats to an organisation capital and earning . Effective Risk Management mean attempting to control as mush as possible, future outcomes by acting proactively rather than reactively therefore effective risk management offers the potential to reduce both the possibility of a Risk occurring and its potential impact , these threats or risks could stem from a wide variety of sources including Financial uncertainty , Legal liabilities , Strategic management errors , Accidents and Natural disasters. Information Technology security threats and data related risks are the risk management strategies to alleviate them have become a top priority for digitised organisation . As a result a Risk Management plan increasingly includes organisation processes for identif

    KNOWLEDGE MANAGEMENT Knowledge management has been around in some form for Centuries .   As a term, it was introduced in the during 1980 by  Peter Drucker    According to him Knowledge Management is     “ The coordination and exploitation of organisational knowledge resources, in order to create benefit and competitive advantage ” Knowledge Management is a combination of Tools, Procedures, Methods, Practices, and Desired behaviours that help an organisation to be more productive. It is a discipline promoting an integrated approach to identifying, capturing, evaluating, retrieving, and sharing all of an organisation’s   information assets. The assets may include databases, documents, policies and other related expertise and experience of individual workers.  Knowledge Management is also known as Knowledge Driven Business Management   where Knowledge Management facilitates the use of knowledge sharing methods to promote learning and innovation across the organisation.  It re