Question: can you please solve question2 (a,b,c) with details , would help alot thank you in advanced. A newly established start-up in Beirut's Digital District (BDD)

can you please solve question2 (a,b,c) with details , would help alot thank you in advanced. can you please solve question2 (a,b,c) with
can you please solve question2 (a,b,c) with
A newly established start-up in Beirut's Digital District (BDD) named MedEntr aims to establish online support tools for surgeons to employ during surgical operations. The start-up's vision is to enable surgeons around the world to perform all or most of the surgical operations required, especially in countries that are short on medical cquipment and surgical expertise. The start-up has won $25,000 from BDD and another investing firm in Beirut as funds for their IT infrastructure. They intend to use this money to develop their website and mobile app and try to build an online community which is ready to take part in their initiative. MedEntr has two co-founders, three full-time employees and two part-time developers. Both co- founders are biomedical engineers who recently graduated from university. The employees are also their friends from their time at the university who are willing not to be paid until the start-up can secure more investments. The co-founders benefit from unlimited medical advice from mentors in the incubator along with their previous university professors, as they believe MedEntr has the potential to gain global recognition All stakeholders of the start-up believe that knowledge is their greatest asset, as they could have a lot more money, but that will lead them nowhere if they do not employ the needed technologies, mechanisms and tools to discover, capture, share and apply knowledge. For that. both co-founders are in constant discussions with their mentors to establish a knowledge management plan to employ in the early stages of their start-up that would pave the way for a proper entrepreneurial endeavor. The majority of their mentors suggested focusing MedEntr's efforts on knowledge capture for several reasons. First, capturing knowledge could be the least expensive but most integral knowledge process, as both knowledge sharing and application are dependent on it. Second, knowledge capture systems are easy to integrate in a business culture, especially an entrepreneurial one. Third, being part of BDD encourages employees to capture knowledge in innovative ways as the environment surrounding MedEntr is highy supportive of knowledge management and knowledge management processes. However, capturing knowledge is dependent on several other prerequisites. To ensure that a proper knowledge capture system can be put in place before the end of July, and considering the limited financial budget at hand, both Ms. Mira Hilal and Mr. Jad Youssef, previous university professors of the co-founders of MedEntr, have called for external support using their own research funds from the university. They believe that outsider input from KM specialists is highly beneficial and can lift the ambiguity (related to several unclear KM tools) surrounding them. KM specialists know better, and they can help MedEntr use the right and needed tools from the start. Accordingly, consider yourself a KM consultant receiving MedEntr's profile for advice on how they can capture knowledge properly. You are required to prepare a report i.e. maximum 10 pages) that addresses the following: 2. Highlight and explain how communities of practice can be an important knowledge capture tool to adopt. a. Explain the concept of communities of practice and the importance for start-ups and/or small enterprises. (10 points) b. Explain at least 3 types of knowledge that can be captured through communities of practice. (10 points) c. Discuss, through the use of examples, how KM technologies can support communities of practice. (12 points)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!