By Andrea Back, Ellen Enkel, Georg von Krogh
Companies are continuously looking for new methods of making better revenue and a bigger industry proportion. development looks the main acceptable tactic for surviving economically in tough occasions. New tools and strategies as a help to a company’s development process might be crucial in gaining a aggressive virtue. wisdom administration is among the solutions to this problem. it may well help strategic pursuits comparable to the development of potency, the minimization of danger and a rise in innovation, but in addition has inherent potentials that have no longer been leveraged but.
The first a part of the publication includes 3 case studis which illustrate the belief of data networks for development. The step by step technique of the second one half indicates the reader the best way to increase and continue those networks . The templates within the final a part of the e-book ease the difference of networks for the reader's personal corporation or his or her particular company wishes.
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2 Supporting Integration after M&A through Knowledge Networks within RWE Net Grzegorz Gurgul1, Ellen Enkel1, Kordula Schulte2 and Carl-Heinrich Kruse2 1 2 Research Center KnowledgeSource, University of St. Gallen, Switzerland RWE Net Abstract After a hundred years of market control in Germany, the electricity market is currently characterized by partial market deregulation and, consequently, the utilities have to cope with increased competition. To remain competitive, a major growth factor can be stimulated through mergers and acquisitions (M&A) that encourage synergies as well as providing access to new geographical areas.
The members’ roles as representatives of their business group seem to be clear, but the important role of the network leader has not yet been clarified. Network members are facilitated by a network leader who, in turn, is directed by a board of managers. The network leader should help to create a positive and knowledge-friendly atmosphere that supports the processes and helps to build trust. The network leader is responsible for organizing the working processes and integrating tools that are regarded as helpful to all the participants.
There were two issues that the managers had to understand. Firstly, they had to recognize the urgency of the business’ need. They had to realize that the business field of street lighting and the sharing of knowledge of this field are essential for the competitiveness of the company, since important contracts would be expiring within a few years. Secondly, they had to understand that in the long run a knowledge network would deliver more time for all employees, because they could benefit from the work done by the knowledge network members.