Audit Plan and Organizational Strategy †MyAssignmenthelp.com

Question: Discuss about the Audit Plan and Organizational Strategy. Answer: Rich picture of the Relationship between the Knowledge Audit plan and Organizational Strategy: Synopsis: Knowledge audit is the process of assessment of the information imparted by the person or process. It also evaluates the organizational strategy. Auditing of knowledge gives the organizational head the list of requirements that would be needed for obtaining better results and also enhances the skills of the employees (Oerlemans, Knoben and Pretorius 2013). Knowledge auditing has a direct relationship with organizational strategy. Auditing of the knowledge plan provides clear perception of the level of understanding of the employees and additionally it also brought in the concept of knowledge inventory which would prove to be beneficial for the employees as well as the organization in the long run (Jones and Sallis 2013). Critique: The article is written by the authors is a lucid language and the content is discussed in a simple and approachable way. The authors have clearly mentioned the advantages of knowledge audit plan and how those plans can affect the organizational strategies. Reflection: The authors have clearly explained the purpose and plan of the knowledge auditing process which gave me a clear perception of the need of knowledge auditing. Auditing of knowledge is basically performed to identify the knowledge needed by the organization so as to reach the goal and also enhance the performance of the employees. They also provided a clear explanation of the process of knowledge auditing. I also understood that the company needs to analyze what the company should know and what the company knows. If there is a mismatch between these criterias then the company evaluates some conditions such as: what the company can do to enhance the knowledge and what the strategies that the company should follow. Thus, I understood that there is a clear relationship between knowledge auditing and organizational strategy. It also enabled me to analyse the knowledge flows within the organization so as to assess people and the business process. Thus, the articles gave a clear perception o n how the auditing of knowledge can lead to the development of the organization as well as that it provides various benefits to the organization as well. The article also helped me to analyse the knowledge flows within the organization so as to assess people and the business process. It also brought to my information that a knowledge inventory would prove to be beneficial for the employees and also for the organization in the long run. References: Jones, G. and Sallis, E., 2013.Knowledge management in education: Enhancing learning education. Routledge. Oerlemans, L.A., Knoben, J. and Pretorius, M.W., 2013. Alliance portfolio diversity, radical and incremental innovation: The moderating role of technology management.Technovation,33(6-7), pp.234-246.