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Author: Adebusoye Sanni
Publisher: GRIN Verlag
ISBN: 3668624690
Category : Business & Economics
Languages : en
Pages : 20
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Book Description
Essay from the year 2017 in the subject Business economics - Business Management, Corporate Governance, grade: 61.0, University of South Wales, course: Management Theories and Philosophies, language: English, abstract: Knowledge has been identified as a crucial source of attaining competitive advantage and the creation of value (King and Zeithaml, 2003), and a fundamental component for growth and important criteria for organizations with global interest. Knowledge management is a method of collecting, organizing, and sharing worker intellectual capital all through the organization to guarantee the firm's effectiveness. Kelleher and Levene (2001) sharing knowledge all through the organization to promote current firm's business processes, brings about effective business process and eliminates unnecessary process. The resource based view has advanced to become an important theory in the field of strategy from the 1980's (Wernerfelt, 1984 ; Barney 1991 ; Grant 1991). The resource based view moves concentration of researchers in the field of strategy from external resource to organization's internal resources. It sets up the different types of resources different from other organizations as a crucial sources of advantage amongst rivals (Peteraf, 1993; Barney 1991) and determines different factors that assist organizations to keep up with their superior resource position and competitive advantage (Dierickx and Cool, 1989; Barney 1991; Ghemawat,1986). The necessity for developing competitive advantage over rivals is of top most discussion in strategic management subjects (Rahimli, 2012). Competitive advantage of an organization is said to exist when the resource of an organization is exceptional among other rivalry industries (Kotler and Keller, 2012). This essay will examine more literature in knowledge and knowledge management, the resource based view and competitive advantage and the contribution of knowledge management to attaining competitive advantage.
Author: Adebusoye Sanni
Publisher: GRIN Verlag
ISBN: 3668624690
Category : Business & Economics
Languages : en
Pages : 20
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Book Description
Essay from the year 2017 in the subject Business economics - Business Management, Corporate Governance, grade: 61.0, University of South Wales, course: Management Theories and Philosophies, language: English, abstract: Knowledge has been identified as a crucial source of attaining competitive advantage and the creation of value (King and Zeithaml, 2003), and a fundamental component for growth and important criteria for organizations with global interest. Knowledge management is a method of collecting, organizing, and sharing worker intellectual capital all through the organization to guarantee the firm's effectiveness. Kelleher and Levene (2001) sharing knowledge all through the organization to promote current firm's business processes, brings about effective business process and eliminates unnecessary process. The resource based view has advanced to become an important theory in the field of strategy from the 1980's (Wernerfelt, 1984 ; Barney 1991 ; Grant 1991). The resource based view moves concentration of researchers in the field of strategy from external resource to organization's internal resources. It sets up the different types of resources different from other organizations as a crucial sources of advantage amongst rivals (Peteraf, 1993; Barney 1991) and determines different factors that assist organizations to keep up with their superior resource position and competitive advantage (Dierickx and Cool, 1989; Barney 1991; Ghemawat,1986). The necessity for developing competitive advantage over rivals is of top most discussion in strategic management subjects (Rahimli, 2012). Competitive advantage of an organization is said to exist when the resource of an organization is exceptional among other rivalry industries (Kotler and Keller, 2012). This essay will examine more literature in knowledge and knowledge management, the resource based view and competitive advantage and the contribution of knowledge management to attaining competitive advantage.
Author: Muhammad Adeel
Publisher: GRIN Verlag
ISBN: 3668406324
Category : Business & Economics
Languages : en
Pages : 29
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Book Description
Examination Thesis from the year 2016 in the subject Business economics - Information Management, grade: A, International Islamic University Malaysia (GSM), course: Master of Management, language: English, abstract: We are living in the Knowledge era, a new age which is presumably to have a different perspective or point of view and which will involve a new route for doing businesses. Smart and speedy is vital to the success of organizations in increasingly changing set of the knowledge age. The expansion and practice of KM (knowledge management) is dramatically and continuously growing in firms. For reason of development in knowledge management, the speed for acquiring a competitive advantage by means of knowledge grows at faster rate as compared to the past. KM has also been demonstrated for its prospective contribution in creating SCA (sustained competitive advantages) for firms. The accusation that knowledge management might be able to generate SCA (sustained competitive advantage) for organizations is provoking; working in this field is relatively underdeveloped, both theoretically and empirically. The recent studies on competitive advantage and knowledge management have stressed description, rather than empirical research knowledge management could achieve to such an advantage. A possible or potential infrastructure for expanding the conceptual analysis of knowledge management’s impacts on firm's CA (competitive advantage) is the RBV (resource-based view) of the organization which relates the CA of firms with capabilities and resources that are difficult to imitate and firm-specific. The RBV is recently the commanding theoretical view in strategic management published literature, and it concerns with expensive attributes of an organization which are viewed as the basic pillars of SA (competitive advantage). In RBV (resource-based view), knowledge is viewed as a strategic benefit or asset with the outcome potential to be a source of SCA (sustainable competitive advantage) for a company. The RBV of the organization extends and builds upon the resource-based theory of the organization. It originally developed by Penrose (1959) and enlarged by others (Alavi and Leidner 2001). It encircles the aspects and features to knowledge combination or integration and the four initial method by which knowledge is arranged.
Author: Chilton, Michael A.
Publisher: IGI Global
ISBN: 1466646802
Category : Business & Economics
Languages : en
Pages : 387
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Book Description
"This book examines current research in support of knowledge management by focusing on how knowledge resources can be used to create and sustain competitive advantages, combining imitation and innovation theories"--Provided by publisher.
Author: Ordoñez de Pablos, Patricia
Publisher: IGI Global
ISBN: 1466664584
Category : Business & Economics
Languages : en
Pages : 386
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Book Description
Strategy management has always been a crucial business aspect that a company must understand to remain successful in the business world. However, there are a number of different approaches that a company can employ in order to differentiate themselves from the competition. Knowledge Management for Competitive Advantage During Economic Crisis brings together the various approaches that affect the superiority of a companys organizational performance and the gains they can make over their competitors. By focusing on concepts such as organizational learning and intellectual capital, this book is an indispensable reference source for researchers, practitioners, graduate students, and business managers interested in understanding what approaches are necessary to ensure superior organizational performance.
Author: Harish Chandra Chaudhary
Publisher: Excel Books India
ISBN: 9788174464378
Category : Knowledge management
Languages : en
Pages : 184
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Book Description
Aims to study the importance of knowledge management in organizations. This work reviews and presents the state of knowledge management.
Author: Stefan Sabrautzki
Publisher: GRIN Verlag
ISBN: 3640664779
Category : Business & Economics
Languages : de
Pages : 76
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Book Description
Bachelorarbeit aus dem Jahr 2010 im Fachbereich BWL - Unternehmensführung, Management, Organisation, Note: 1,7, FOM Hochschule für Oekonomie & Management gemeinnützige GmbH, Berlin früher Fachhochschule, Sprache: Deutsch, Abstract: Subject of this thesis is to illustrate how knowledge can contribute to sustainable value creation in companies and to explain the benefits and challenges of successful KM. The characteristics of organisational KM will be illuminated from an outside-in perspective: Firstly, the previous and present economic and technological developments that led to knowledge being identified as one of the most important resources companies nowadays possess are analysed. Chapter 2 then provides an overview about the multiple characteristics of knowledge in companies followed by chapter 3 which explains how knowledge can create value. Afterwards, in chapter 4 the organisational knowledge lifecycle is introduced with organisational knowledge processes being explained in detail. Based on these insights, chapter 5 illuminates organisational, technological as well as cultural requirements for enabling organisational knowledge to be utilized successfully. In this chapter, problems and limits that KM initiatives have to face are examined as well. Finally, the last chapter of this thesis presents an outlook and specifically addresses aspects of KM that are considered to play a higher role in future. The underlying assumption in this chapter is that the ongoing globalisation increases the need of companies to enter networks, operate decentred and develop according decision-making and information infrastructure.
Author: Joe Tidd
Publisher: World Scientific
ISBN: 1783261935
Category : Business & Economics
Languages : en
Pages : 362
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Book Description
Latest Edition: From Knowledge Management to Strategic Competence: Assessing Technological, Market and Organisational Innovation (3rd Edition)The business and academic communities pay much interest to the concept of knowledge management and strategic competencies or core capabilities; that is, how organizations define and differentiate themselves. This book attempts to establish the links between strategic competencies, knowledge management, organizational learning and innovation management — specifically, how an organization identifies, assesses and exploits its competencies, and translates these into new processes, products and services.The contributors to the book include leading researchers and consultants in the field. Adopting a practical but rigorous approach to the subject, they focus on the measurement, management and improvement of organizational, technological and market competencies, and identify the relationships with strategic, operational and financial performance.
Author: K. Koskinen
Publisher: Springer
ISBN: 0230595073
Category : Business & Economics
Languages : en
Pages : 219
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Book Description
Knowledge management is a prerequisite to sustain a competitive advantage in project-based companies. However, in these companies and projects in general, activities like knowledge acquisition and sharing are often very complex tasks. This book presents a new portfolio of various concepts and insights into the management of knowledge.
Author: Joe Tidd
Publisher: World Scientific
ISBN: 1908979933
Category : Business & Economics
Languages : en
Pages : 452
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Book Description
Latest Edition: From Knowledge Management to Strategic Competence: Assessing Technological, Market and Organisational Innovation (3rd Edition)The business and academic communities continue to have an interest in the concepts of knowledge management and strategic competencies or core capabilities. This book attempts to establish the links between strategic competencies, knowledge management, organisational learning and innovation — specifically, how an organisation identifies, assesses and exploits its competencies, and translates these into new processes, products and services.The contributors to this book include leading researchers and practitioners in the field. Adopting a practical but rigorous approach to the subject, they focus on the measurement, management and improvement of organisational, technological and market competencies, and identify the relationships with strategic, operational and financial performance.In this second edition, the original material is updated and three new chapters are added, reflecting the latest developments in the field.
Author: Peter Holdt Christensen
Publisher: Copenhagen Business School Press DK
ISBN: 9788763001199
Category : Business & Economics
Languages : en
Pages : 126
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Book Description
"Knowledge management buzzes around as the best way for organizations to gain and sustain competitive advantage in the knowledge-based economy. During recent years, the number of books, articles, seminars and conferences on knowledge management has increased dramatically - leaving it even more difficult to understand what knowledge management is, and how to actually practice it. Furthermore, knowledge management combines the fluffiness of knowledge with the rationality of management creating an oxymoron that is quite difficult to understand, practice and evaluate. "
