managing communications knowledge and information.docx

Upload: nayomi-ekanayake

Post on 10-Feb-2018

223 views

Category:

Documents


0 download

TRANSCRIPT

  • 7/22/2019 managing communications knowledge and information.docx

    1/21

    BTEC EDEXCEL AND DIPLOMA IN BUSINESS (MANAGEMENT & HUMAN

    RESOURCES) OFFERED BY INTERNATIONAL COLLEGE OF BUSINESS AND

    TECHNOLOGY

    Individual Assignment

  • 7/22/2019 managing communications knowledge and information.docx

    2/21

    Managing Communications, Knowledge and Information Individual Assignment

    Page 1

    CT/HNDBM/39/32

    Acknowledgement

    I would like to express my gratitude to Mr.Frank Gunasekara and Mr.Eranda Bandara who

    gave me the possibility to complete this assignment and for the guidance and support they

    gave in preparation of this study.

    Especially, I would like to give my special thanks to my parents who enabled me to complete

    this work.

    However, it would not have been possible without the kind support and help from my friends.

    Last but not the least I would like to thank all our peers and staff at I.C.B.T and specially

    Mr.Dhilum our coordinator who were ready to lend a hand in whatever way they can.

    I am making this project not only for marks but also to increase my knowledge.

    Thanks again to all who helped me.

  • 7/22/2019 managing communications knowledge and information.docx

    3/21

    Managing Communications, Knowledge and Information Individual Assignment

    Page 2

    CT/HNDBM/39/32

    Executive Summary

    The main purpose of this project is to show how communications, knowledge and

    information can be improved within an organization and making better use of Information

    Technology systems.

    Information, knowledge systems and communication are three aspects where a business

    needs to be concerned of, in order to run a business successfully. Effective management of

    these three areas is crucial to the success and effective use of organizations resources. These

    areas can help the firm to gain a competitive advantage.

    The aim of this report is to analyze the importance of communication in business and main

    stake holders ofCargills food city and the significance & benefits of making networks with

    them. And which includes how to contact and maintain relationships between them and the

    ways of getting stakeholders involvement into decision making and analyzing about further

    strategies to develop relationships.

    This study further explains about creating strategies to increase personal networking to widen

    involvement in the decision making process, developing communication processes and so on.

  • 7/22/2019 managing communications knowledge and information.docx

    4/21

    Managing Communications, Knowledge and Information Individual Assignment

    Page 3

    CT/HNDBM/39/32

    Contents

    List of Tables, Figures and Illustrations ................................................................................................... 4

    1. List of Figures .............................................................................................................................. 4

    2. List of Tables ............................................................................................................................... 4

    1 - Preface ............................................................................................................................................... 5

    1.1 About Cargills Food city ................................................................................................................ 5

    1.2 Subsidiary and Associate Companies ............................................................................................ 6

    1.3 Organizational Hierarchy .............................................................................................................. 7

    1.3 Cargills Organizational Hierarchy .................................................................................................. 8

    1.4 Decisions taken at different levels ................................................................................................ 9

    2 - Managing Information .................................................................................................................... 10

    2.1 Organizational Information Requirements and Systems ............................................................ 10

    2.2 Internal and external sources of information ............................................................................. 11

    2.3 Information management at Cargills food city ........................................................................... 12

    Evaluation of data collection methods ............................................................................................. 12

    Information dissemination methods (Stimpson.P, 2002) ................................................................ 13

    3. Technologies of communication.................................................................................................. 14

    Existing processes of communication ............................................................................................... 14

    Verbal communication process of Cargills ........................................................................................ 15

    Digital communication process of Cargills ........................................................................................ 15

    .............................................................................................................................................................. 15

    4. Improvements through a personal development plan.......................................................... 16

    Personal Networking and Business: .................................................................................................. 19

    Networking techniques ..................................................................................................................... 19

    Reference.............................................................................................................................................. 20

  • 7/22/2019 managing communications knowledge and information.docx

    5/21

    Managing Communications, Knowledge and Information Individual Assignment

    Page 4

    CT/HNDBM/39/32

    List of Tables, Figures and Illustrations

    1. List of Figures

    Figure 1 - Information, collection and storage methods at Cargills food city. ..................................... 12

    Figure 2- Communication ...................................................................................................................... 14

    Figure 3 - Cargills hierarchy chart ......................................................................................................... 15

    2. List of TablesTable 1 - Decisions .................................................................................................................................. 9

    Table 2 - Organizational information .................................................................................................... 10

    Table 3 - Personal development Plan ................................................................................................... 16

    Table 4 - Barriers .................................................................................................................................. 18

    Table 5 - Tips to minimize barriers ........................................................................................................ 18

    http://c/Users/all%20user/Desktop/HND-assesments/MANAGING%20COMMUNICATIONS/managing%20communications%20knowledge%20and%20information.docx%23_Toc344913604http://c/Users/all%20user/Desktop/HND-assesments/MANAGING%20COMMUNICATIONS/managing%20communications%20knowledge%20and%20information.docx%23_Toc344913605http://c/Users/all%20user/Desktop/HND-assesments/MANAGING%20COMMUNICATIONS/managing%20communications%20knowledge%20and%20information.docx%23_Toc344913605http://c/Users/all%20user/Desktop/HND-assesments/MANAGING%20COMMUNICATIONS/managing%20communications%20knowledge%20and%20information.docx%23_Toc344913604
  • 7/22/2019 managing communications knowledge and information.docx

    6/21

    Managing Communications, Knowledge and Information Individual Assignment

    Page 5

    CT/HNDBM/39/32

    1 - Preface

    1.1 About Cargills Food city

    Cargills (Ceylon) PLC is a Sri Lankan corporate established in 1844 and built on a strong

    foundation of values and ethics. Guided by trusted leadership it spearheads the sustainable

    development of the food industry in Sri Lanka.

    Cargills food city was established in 1983 as a first supermarket chain in Sri Lanka. First

    outlet was at Staple Street. In 1993 when the company invested in its first manufacturing

    facility, Cargills ventured into the production of processed meats and Cargills supermarket

    began to source fresh fruits and vegetables directly from farmers.

    Cargills supermarket provides nutritious high quality products to consumer at the lowest

    possible price. Now Cargills food city is rated the fourth most valuable brand in Sri Lanka

    and the most valued retail super market in island. The retail chain has expanded with over

    150 outlets spread across the Sri Lanka in more than 20 districts.

  • 7/22/2019 managing communications knowledge and information.docx

    7/21

    Managing Communications, Knowledge and Information Individual Assignment

    Page 6

    CT/HNDBM/39/32

    1.2 Subsidiary and Associate Companies

    Cargills

    Magic

    Kotmale

    Kist

    Kist

    Knuckles

    Kist

    Biscuits

    Supremo

    Finest

    MilcaCargillsLanka

    Milk

    KFC

    Food

    City

    Express

    Book

    City

    Private

    Labels

    Store

    Locator

    Millers

    Limited

  • 7/22/2019 managing communications knowledge and information.docx

    8/21

    Managing Communications, Knowledge and Information Individual Assignment

    Page 7

    CT/HNDBM/39/32

    Strategic

    LevelTactical

    LevelOperational

    Level

    1.3 Organizational Hierarchy

    In an every organization there are three main levels of management.

    Strategic level Tactical level Operational level

    Strategic levelIn this level mostly the information is used to plan organizations objectives and strategies. Tactical level

    In here this kind of information is used by the middle level managers for management control

    activities, purchasing, distribution, stocking and etc.Operational levelIn this level line managers have to ensure whether they have done their particular work or

    task.

  • 7/22/2019 managing communications knowledge and information.docx

    9/21

    Managing Communications, Knowledge and Information Individual Assignment

    Page 8

    CT/HNDBM/39/32

    Operational

    level

    Tacticallevel

    Strategic

    level

    OperationalManager

    Executives Clarks

    DivisionalHeads

    Low level

    Staff

    Other

    Functional

    Managers

    1.3 Cargills Organizational Hierarchy

  • 7/22/2019 managing communications knowledge and information.docx

    10/21

    Managing Communications, Knowledge and Information Individual Assignment

    Page 9

    CT/HNDBM/39/32

    1.4 Decisions taken at different levels

    Decisions taken differ according to the levels in the hierarchy. Higher level managers

    take important, unique decisions which can be also known as programmed decisions or

    strategic decisions. On the other hand non programmed decisions or routine decisions are

    taken by lower level managers.

    Decisions can also be categorized as strategic decisions, tactical, and operational

    decisions.

    Table 1 - Decisions

    Decisions Examples Who makes the decision

    Strategic Decisions:

    it sets the direction of

    the company

    - Market new products

    - Expanding the distribution

    network

    Top level managers:

    Chairman, Directors

    Tactical Decisions:

    It is about how

    things will get done- How to market the new

    product

    - Recruiting and training

    marketers

    Managers

    Operational Decisions: Day

    to day decisions that keep

    the organization running

    successfully

    - At Cargills the marketers

    or the operational level

    staff decides daily on

    which product to market

    according to customer

    requirement. For e.g. if the

    marketer is going to market

    a medicine

    Operational level,

    employees

  • 7/22/2019 managing communications knowledge and information.docx

    11/21

    Managing Communications, Knowledge and Information Individual Assignment

    Page 10

    CT/HNDBM/39/32

    2 - Managing Information

    2.1 Organizational Information Requirements and Systems

    Information is important for long term benefits of a firm as well as to run day to day

    operations. Firms daily gather information and also give out information. Organizations

    require information for several reasons.

    Table 2 - Organizational information

    Requires knowledge of the available resources, possible timescales and the likely outcome under alternative scenarios.

    PLANNING

    Once a plan is implemented information is required to assesswhether it is actually preceeding as planned and to check forvariations.

    CONTROLLING

    Information about each transaction or event is required forreasons such as evidence, legal requirement, and operationalinformation.

    RECORD TRANSACTION

    Comparisons against budget or the plan is able to be made.PERFORMANCE MEASUREMENT

    Information is required at different levels of the organizationto make decisions.

    DECISION MAKING

  • 7/22/2019 managing communications knowledge and information.docx

    12/21

    Managing Communications, Knowledge and Information Individual Assignment

    Page 11

    CT/HNDBM/39/32

    2.2 Internal and external sources of information

    Internalsources of

    informationTelephone

    E-mails

    month-end

    conference Daily reports

    Conversations

    Free sims

    Externalsources of

    information

    Telephones

    Emails Groupwebsite

    Suggestionbox

  • 7/22/2019 managing communications knowledge and information.docx

    13/21

    Managing Communications, Knowledge and Information Individual Assignment

    Page 12

    CT/HNDBM/39/32

    2.3 Information management at Cargills food city

    Information management is the collection and management of information from one or more

    sources and the distribution of that information to one or more audiences. (Course material)

    The marketing department at Cargills food city gathers a great amount of information relating

    to different areas. Marketing and the sales staff provides important information to the other

    departments and to different levels in the organization.

    Figure 1 - Information, collection and storage methods at Cargills food city.

    Evaluation of data collection methods

    Primary methods Meetings,Telephone calls,

    Catalogues and leaflets

    Secondary methods - Dealers ,Competitors,

    Consumers.

    Information gathering can be categorized as shown above. Cargills uses various

    methods in gathering information however these methods also have limitations up to a

    certain extent and might be unsuitable on certain occasions. Therefore it is necessary

    to evaluate and check the effectiveness of these methods.

    INFORMATION Customers Supplier Products Competitor

    Communication Surveys verbally Product

    catalogues ,verbally.

    Companywebsite

    Storage computerised

    database computerised

    database computerised

    database computerised

    database

  • 7/22/2019 managing communications knowledge and information.docx

    14/21

    Managing Communications, Knowledge and Information Individual Assignment

    Page 13

    CT/HNDBM/39/32

    Information dissemination methods (Stimpson.P, 2002)

    Intranets: it is a mini version of internet. Employees in an organization use networkedcomputers to access the data held in a server. The user interface is a browser, similar to

    those used on the internet. It consists of information relating to a wide variety of topics.

    Extranets: this is an intranet that is accessible to authorized outsiders, using a validusername and password. The user name will have an access right that is which areas of

    the extranet are possible to be viewed.

    Internet: through websites, and sites such as LinkedIn, Cargills is able to disseminateinformation on their company and products. Therefore it is better if Cargills can create

    their own website so that a large amount of information can be given out.

    Database system: this is also another method of disseminating information internally atCargills. Employees in different departments can access to the data held in the database.

    All the tools used to communicate can also be identified as dissemination methods for

    e.g.: the leaflets and catalogues given out to customers disseminate information regarding

    the products.

    Furthermore the marketers task is to disseminate information to their customers.

    Marketing itself is a method of information dissemination.

    Also at Cargills it is the marketing that gathers data on customers, products, competitors

    through research and make available to other departments. E.g. the information on

    competitors is useful for the accounts department when it comes to pricing decisions

  • 7/22/2019 managing communications knowledge and information.docx

    15/21

    Managing Communications, Knowledge and Information Individual Assignment

    Page 14

    CT/HNDBM/39/32

    3. Technologies of communication

    Existing processes of communication

    Communication means exchange of information, between two or more people at work. Most

    of the companies dont have proper communication and plan so all the time misunderstanding

    can occur between two individuals and resentments build because people are not

    communicating effectively with each other. Company would receive bad outcomes but to

    avoid that problem Cargills has communication process to deliver proper information tomanagement people.

    Figure 2- Communication

  • 7/22/2019 managing communications knowledge and information.docx

    16/21

    Managing Communications, Knowledge and Information Individual Assignment

    Page 15

    CT/HNDBM/39/32

    Verbal communication process of Cargills

    Cargills always follows verbal method with their stakeholders. Companys specific goal is to

    have people understand and what management is trying to say through the verbal

    communication in order to communicate the valuable message. In this process company uses

    oral and written communication with their stakeholders e.g. presentations, announcements,

    feedbacks, and conversations etc also are using by Cargills to share the collected information.

    Digital communication process of Cargills

    This process in this is by using email messaging system, websites suggestions, online group

    chats, fax, social Medias and internet to communicate message. By using this method Cargills

    could able to convey the information at the same time could maintain strong relationships and

    it is very faster & easier and company dont want to spend too much time and paper wastage

    is also low.

    When we look at the Cargills communication processes they need to make some

    improvement for effective communication inside the company so this report has suggested

    appropriate improvements.

    Figure 3 - Cargills hierarchy chart

  • 7/22/2019 managing communications knowledge and information.docx

    17/21

    Managing Communications, Knowledge and Information Individual Assignment

    Page 16

    CT/HNDBM/39/32

    4. Improvements through a personal development planTable 3 - Personal development Plan

  • 7/22/2019 managing communications knowledge and information.docx

    18/21

    Managing Communications, Knowledge and Information Individual Assignment

    Page 17

    CT/HNDBM/39/32

    There are many ways that Cargills can implement within company to ensure the greater

    systems of communication processes in Cargills.

    Establish a defined employee orientation process that outlines the company policiesand employees roles within them.

    Create monthly employee newsletter with company news and holiday calendars andother morale building information.

    Conduct regular staff meetings, group discussions to keep people updated oncompany changes and aspects. Company wants to encourage the people input and

    participation at the meetings and other events.

    Implement anonymous employee communication survey where people can providetheir independent feedback about companys policies.

    Ensure the appropriate channels through which company can communicate areworking and are effective. E.g.; internal publication, messages on websites, email,

    broad casts, posters. Any way sufficient feedback has to give by company.

    Hold employee grievances programs, suggestion programs such as quality circles toimprove communication in company.

  • 7/22/2019 managing communications knowledge and information.docx

    19/21

    Managing Communications, Knowledge and Information Individual Assignment

    Page 18

    CT/HNDBM/39/32

    Table 4 - Barriers

    Table 5 - Tips to minimize barriers

  • 7/22/2019 managing communications knowledge and information.docx

    20/21

    Managing Communications, Knowledge and Information Individual Assignment

    Page 19

    CT/HNDBM/39/32

    Personal Networking and Business:

    Networking is building relationships with others and getting to know each other. In a

    business context networking is developing business relationships and enhancing trust and

    communication to do business easily and profitably. More often this is done by exchanging

    leads and referrals to their potential customers. A referral is the opportunity to do business

    with someone who potentially needs your products or services and is expecting you to contact

    them.

    Networking techniques

    Business cards: a business card is a simple but a very useful tool in networking. It is

    common but networking would be effective only if the card has the necessary relevant

    information, such as who you are? What you do and why someone should have your contact..

    Social networking sites: There are a large number of sites these days e.g. LinkedIn, face

    book, Twitter and so on. These sites help businesses to promote their company, introduce

    their products and basically to meet people and build relationships. Cargills marketers have

    their profiles on face book, with the company details. It has a large audience.

    Greetings: To keep the relationship with their customers and suppliers Cargills send wishes

    on customers and suppliers birthdays and for various festive.

    Suggestion boxes: Customers and even employees can give their suggestions on the

    companies current activities and improvements. Anyone would feel free to give their ideas

    as it is more confidential.

  • 7/22/2019 managing communications knowledge and information.docx

    21/21

    Managing Communications, Knowledge and Information Individual Assignment

    Page 20

    CT/HNDBM/39/32

    Reference

    Text books references

    Jane. P. Laudon_ management information systems_ Pearson education_ India 2004

    John adair_ effective communication_ macmillan publishers Ltd_ London 1997

    Stimpson.P,Business Studies, Cambridge University Press, New York.

    Websites References

    http://www.cargillsceylon.com/OurBusinesses/FoodCity.aspx

    For company introduction (viewed on 27th of Dec 2012)

    http://human-treasures.com/Communication.htm

    For communication process (viewed on 23rd of Dec 2012)

    http://www.cargillsceylon.com/OurBusinesses/FoodCity.aspxhttp://www.cargillsceylon.com/OurBusinesses/FoodCity.aspxhttp://human-treasures.com/Communication.htmhttp://human-treasures.com/Communication.htmhttp://human-treasures.com/Communication.htmhttp://www.cargillsceylon.com/OurBusinesses/FoodCity.aspx