Japan’s move to preserve geographical brands in China and its implication to Korea
Troubles are widely found in both private and public sectors. Especially, cases regarding the intellectual property rights are often being heard recently. This is no wonder in a time when the significance of the intangible assets is getting unprecedentedly highlighted as a key source of national competitiveness.
For example, a company files a suit against its rivals in neighboring countries in charge of severe copyright infringement. A governmental agency is also embarrassed to catch its publications have been openly used in another country without legitimate process of offer and acceptance.
Japan’s move to preserve geographical brands in China and its implication to Korea
As the wave of globalization is getting bigger and bigger, national economies also impact to each other more frequently. Thus, snowballing international disputes are reported here and there in the international stage.
This is no exception in Northeast Asia. In fact, growing number of cross-border conflicts have been observed in this region. It is mainly because Japan, Korea and China have not only cooperative partnership but also competitive relationship.
Strategy is in Knowledge Management
That’s why companies are strongly pushed to carefully look at the outer circumstances and utilize their own resources at the maximum level. As showed above, Mando Corporation is one of the best role models for strategic management. Undoubtedly, as a strategic concern, knowledge management resurrected a dishonored company into a highly promising star.
As Mr. Oh indicated, without knowledge management, Mando may already have been liquidated. In this point of view, lessons from the story of Mando insist that strategic management should be spread into every single parts of an organization.
Strategy is in Knowledge Management
Tacit knowledge such as craft and know-how, explicit knowledge such as manuals and management system exchanged with each other harmoniously and created a virtuous circle of ever–advancing knowledge management system of Mando. In short, strategic decision of realizing knowledge management incredibly worked well and finally bore the fruit of the rebirth of a deadly-ill company.
It is not too much to say that strategic management will draw more and more attention from all types of organizations in the future. Definition of strategy can be differed from one company to another. However, nobody argues that only the firm establishment of strategic management can guarantee the survival of any given organization.
Strategy is in Knowledge Management
- Verifying Resources: To the eyes of the top management, people in Mando were the most valuable and rare resources to overcome the dark era and to attain the sustainable competitive advantage. In that Mando's employees had always been highly observed and evaluated in the market, human capital were also turned out to be non-substitutable.
- Managing Resources: Now the question is how to manage and systemize the tacit knowledge of the people. At this point, Mando introduced the concept of knowledge management. Adopting and establishing knowledge management throughout the organization, Mando succeeded in developing new technology and bridging partners all over the world in the most efficient way.
