Working in a Networked Organization

Working in a Networked Organization

TEAM MEMBERS

Contents

1. INTRODUCTION 4

2. WHAT IS A NETWORKED ORGANIZATION? 5

3. HOW TO BECOME A NETWORKED ORGANIZATION 7

4. ORGANIZATIONAL LEARNING IN A NETWORKED ORGANIZATION 9

5. ADVANTAGES OF A NETWORKED ORGANIZATION 10

6. RISKS AND DISADVANTAGES IN A NETWORKED ORGANIZATION 11

6.1. REASONS FOR FAILURE OF NETWORKED ORGANIZATION 11

7. CHALLENGES IN A NETWORKED ORGANIZATION 12

8. OVERCOMING THE CHALLENGES 12

8.1. ROLE OF LEADERS 12

9. ROLE OF INFORMATION TECHNOLOGY IN A NETWORKED ORGANIZATION 14

9.1 SOME IT TOOLS USED IN A NETWORKED ORGANIZATION 16

10. CONCLUSION 17

11. REFERENCES 18

1. Introduction

The world, in the twenty-first century has become a global village. Organizations, however small or large they may be are not alien to this change. Adding to this is the growth of service sector and foreign investments in India. This growth resulted in the need of an organization wherein people at different places (sometimes across continents) work together on the same project. This is what resulted in the birth of networked organizations.

Rapid improvement in technologies helped these organizations to a very large extent. People now, irrespective of the geographical distances between them can interact normally. The advent of new communication technologies such as teleconferencing, video conferencing, telepresence etc. have helped these organizations to work as they want. A networked organization is essentially a by-product of computerization of business. The internet has facilitated exchange of data among places thousands of miles apart. People can now work together even though they may not meet or see each other. This also allows people to work as freelancers or independent contractors who have the freedom to choose their work and