rent business operations and processes. With this the company has become able in gathering, organizing, sharing and analyzing its knowledge in regard to resources, documents, and people skills.
Here, in this paper the current role of KM in Toyota will be analyzed along with the specific recommendations in the form of new interventions will be presented to the company. This will enhance company's ability to manage all its resources in a way through which, it can enhance its knowledge organization and sharing (Wiig1997, p. 7).
Existing Knowledge Management Plan of Toyota Motor Corporation
Toyota Motor Corporation has attained immense growth from the time of its initiation and with this the company have also confronted several troubles related to expansion and its management. In starting the company use to develop and produce cars only in Japan and export in some abroad countries but with increasing demand and globalization it started operating in several different foreign markets. With this increase in its operations base, the company confronted troubles related to management of its resources. For resolving this trouble the company made use of knowledge management as it become aware with its significance and need (Ichijo & Kohlbacher 2006).
The company operations started growing significantly and in this concern it also made use of several advanced approaches like lean production, total quality management etc. All these approaches assisted the company in attaining a significant place in emerging markets. In addition to these approaches, the company also understood the significance of knowledge and its use for company and its employee's management (Armistead 1999, p. 143). The company understood that managing knowledge among its organization is essential and for this it adopted several knowledge management approaches like development of knowledge sharing networks and use of tactic knowledge (Pena 2002, P. 470).
Knowledge Management 知识管理
The company management is aware with the fact that the creation of knowledge is not only an aggregation of information but it is a distinctive human process that cannot be decreased or replicated easily. The company management tries to alter data into information that can be used a knowledge for all by collection, organizing, summarizing, analyzing, synthesizing and making final decision (Alwis & Hartmann 2008, p. 134). Management of Toyota is also aware that effective management of knowledge is essential that includes knowledge creation, sharing, security, and abandonment (Wang & Ahmed 2005, p. 327). All this relies on enabling context that can be developed with the help of significant knowledge enablers that are as follows:
Introducing a knowledge vision
Handling conversations
Displacing knowledge reformers
Establishing appropriate context
Globalizing local knowledge (Ichijo & Kohlbacher 2006).
All these knowledge enablers are introduced by Toyota that evidences its knowledge management practices. Although Toyota Motor Corporation has adopted a significant approach towards knowledge management and knowledge sharing but still it is not able to effectively manage knowledge among all its resources (Towill 2010, p. 335). Nowadays, the company is operating in different foreign markets but still it is not able to improve its production efficiency and quality and it
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