Knowledge Network is Power(5)

'Global Mando', Knowledge Network is Power

Performance and safety of a car highly relies upon the quality of core parts, to name a few, breaks, suspension and steering, Mando succeeded in achieving world-class competitiveness in the development and production of core parts through knowledge management.

Other than Hyundai Motors, a long-time Korean customer, GM, Ford and Daimler-Chrysler also became new buyers of Mando. And this vividly shows even American 'Big 3'  highly values Mando's technological capability.

 

The very secret of knowledge management lies in the flip side of Mando's success story. First, in virtue of knowledge management, Mando initiated enterprise-level changes and innovation. In addition, as a knowledge-based company, Mando enhanced its competitiveness in technology by sharing knowledge throughout the organization. Moreover, as a result of close cooperation between central and local research centers located all around the Korea, plenty of new knowledge is endlessly being created.

Knowledge Network is Power(1)

'Global Mando', Knowledge Network is Power

It is no doubt that we are living in a knowledge-oriented society. Knowledge is considered one of the core competitiveness to companies, universities and even governments. 

That could explain why many organizations rush to adopt knowledge management and take subsequent steps to improve their capabilities in various ways.

In this regard, taking a look at a company which shows wonderful performance in knowledge management over the considerable amount of times serves as an opportunity to enlighten the importance of knowledge management in this fast-changing era once again. 

And as far as knowledge management concerns, Mando Corporation, unlisted, one of the top Korean auto parts supplier whose sales reached 1,575 billion won  in 2008, is sure to be the best example.