Strategy is in Knowledge Management(15)

Global Mando, strategy is in knowledge management

According to the company, productivity was estimated to escalate by more than 200% and 20 billion won-equivalent outcomes were achieved due to the global R&D knowledge management. Besides, Mando did full-page revision of its intellectual assets such as company codes, information system manuals and quality management system into a 'global Mando standard manual'. 

One of the distinguished aspects of the Mando's knowledge management is the unique performance evaluation indexes. Mando came up with its own evaluation tools which measure how much knowledge management contributed to the corporate performance on the strategic purpose.

Strategy is in Knowledge Management(4)

Global Mando, strategy is in knowledge management

Mando's competitive advantage lies in knowledge management through which all employees share, utilize and recreate core knowledge of the organization. Thus, the essence of Mando's knowledge management as the core organizational strategy can be defined as not mere 'information system' rather something 'human-based'.  

It is because Mando has been endlessly raking values by inserting the clothes of knowledge management on the top of information system.

Enhancing the Quality of MBA Education in Korea, Japan and China(7)

Improving the Quality of MBA Education in Korea, Japan and China - Integrating East & West

Last but not least, inducing western applications to Korean, Japanese and Chinese MBA schools is of great significance. It is basically because Asian value needs be passed to Western students so that they can broaden or deepen their horizon in Asian context. However, it is also true that we still need Western value in many ways. 

Thus, the ideal model of Asian MBA education can be achieved by balancing Western curriculum with newly-introduced Eastern curriculum. For example, existing subjects such as international strategy, management information system and new subjects such as Confucianism and Buddhism, both of them should make their presence.

Knowledge Network is Power(9)

'Global Mando', Knowledge Network is Power

Thanks to this innovation, Mando could dramatically reduce customer complaints and costs in quality control and inventory, all of which had caused big fraction in and outside of the organization. It is due to Mando's sharing of real-time information of domestic, overseas research centers and factories. 

This sharing also narrowed information gap and even expanded the knowledge scope of the organization. Throughout all these, Mando perfectly established a 'global cooperation system'. Moreover, Mando also cut down management cost and enhanced customer satisfaction by maintaining concrete production information and improving product quality. All of them led to the upgrade of Mando's global management capability.

According to the company, productivity was estimated to elevate by more than 200% and 20 billion won-equivalent outcomes were attained thanks to the global R&D knowledge management. Besides, Mando did full-page revision of its intellectual assets such as company codes, information system manual and quality management system into a 'global Mando standard manual'.

Knowledge Network is Power(2)

'Global Mando', Knowledge Network is Power

Regarding the question of knowledge management, where does Mando's competitiveness come from?

Mando's competitive advantage lies in knowledge management through which all employees share, utilize and recreate core knowledge of the organization.

Thus, the essence of Mando's knowledge management can be defined as not mere 'information system' rather something 'human-based'. It is because Mando has been endlessly ripping out values by inserting the clothes of knowledge management on the top of information system. 

People in Mando bragged that they finished establishing information system such as ERP (Enterprise Resource Planning), PLM (Product Lifecycle Management) long time ago.

Strategy in Knowledge Management(8)

'Global Mando', Strategy is in Knowledge Management

According to the company, productivity was estimated to escalate by more than 200% and 20 billion won-equivalent outcomes were achieved due to the global R&D knowledge management. Besides, Mando did full-page revision of its intellectual assets such as company codes, information system manuals and quality management system into a 'global Mando standard manual'.

One of the distinguished aspects of the Mando's knowledge management is the unique performance evaluation indexes. Mando came up with its own evaluation tools which measure how much knowledge management contributed to the corporate performance on the strategic purpose.

Starting in 2006, Mando designated the knowledge asset assessment and management system as the top priority of CKO (Chief Knowledge Officer). Consequently, Mando set up the overt goal and evaluated the performance of knowledge management, which brought the active participation of the employee and never-ending commitment of the management.

On top of that, Mando has changed the corporate culture so that employees can freely use the communities of practice into works. For example, through community of practice activities, employees defined what Mando's core competency was in terms of the competitive advantage and recreated core knowledge. Additionally, in pursuit of global communities of practice between oversea investors and partners, Mando widened knowledge management activities even outside the company.

Strategy in Knowledge Management(2)

'Global Mando', Strategy is in Knowledge Management

In this regard, Mando Corporation, unlisted, one of the top Korean auto parts suppliers whose sales reached 1,575 billion won in 2008, is sure to be the best example. By making strategic decisions of fully concentrating on knowledge management in time of the big crisis, Mando showed splendid performance over the considerable amount of period.

Let's take a look at Mando’s strategic movement especially focusing on knowledge management so that the significance of strategy can be enlightened in this fast-changing era once again. Regarding the question of strategic management, how Mando originates its own strategy and secure competitiveness?

Mando's competitive advantage lies in knowledge management through which all employees share, utilize and recreate core knowledge of the organization. Thus, the essence of Mando's knowledge management as the core organizational strategy can be defined as not mere 'information system' rather something 'human-based'. 

It is because Mando has been endlessly raking values by inserting the clothes of knowledge management on the top of information system.