scholarly journals Knowledge management: A concept for achieving and maintaining competitive advantage

2020 ◽  
Vol 13 (2) ◽  
pp. 13-36
Author(s):  
Vladimir Mitrović
Keyword(s):  
Knowledge Management ◽  
Competitive Advantage ◽  
New Economy ◽  
Sustainable Growth ◽  
Business Organization ◽  
Business Organizations ◽  
Amount Of Knowledge ◽  
Creativity And Innovation ◽  
The Relationship ◽  
The City

The concept of "knowledge management" is increasingly becoming one of the key concepts for achieving and maintaining a competitive advantage in the new economy and management. This paper presents the basic elements and the relationship between knowledge management and competitiveness. After introductory considerations, knowledge as a strategic resource is analyzed, as well as the awareness of the importance of knowledge for achieving and maintaining competitiveness. The continuation of the paper is dedicated to research into the level of education and knowledge of employees, identification of the needs for additional knowledge and missing knowledge in business organizations of the city of Niš, followed by conclusions arising from the research. The fact is that shifting the focus towards creativity and innovation requires an even greater amount of knowledge. However, it is not enough for employees of business organizations to just possess the necessary knowledge, but also to be able to use it and share it effectively. Only the knowledge used in such way can become a source of sustainable growth and development of the business organization in question.

scholarly journals BİLGİ TABANLI YENİ EKONOMİDE BİLGİ YÖNETİMİ VE YENİLİKÇİ İŞLETMELER

2018 ◽  
Vol 6 (3) ◽  
Author(s):  
Saadet Ela PELENK
Keyword(s):  
Knowledge Management ◽  
Competitive Advantage ◽  
Information Acquisition ◽  
Organizational Innovation ◽  
Continuous Learning ◽  
Significant Positive Effect ◽  
Technological Changes ◽  
Knowledge Based ◽  
The Relationship ◽  
Positive Effect

Economic, social, cultural and technological changes increase the importance of information. It is possible for organizations to adapt to change, by sharing up-to-date information. Knowledge-based new economies which consist dynamic market conditions, network-based organizational structure, continuous learning, digitalization, innovations and innovative businesses as competitive advantage source, corporate knowledge management has a strategic importance. Th eaim of this research is to determine the relationship among innovation and sub-dimensions of knowledge management as "information acquisition” and “education and communication". For this purpose, a survey was conducted with 120 employees of 3 innovative organizations that operate in various sectors. According to the results of the research, the acquisition of information has a significant positive effect on organizational innovation (β=0,29; t=3,10; p<0,05); education –training and communication variables have no significant effect on organizational innovation (p>0,05).

scholarly journals Relationship Marketing: A competitive Marketing StrategyIt’s Importance, Nature and Need: A Review

2013 ◽  
Vol 1 (3) ◽  
pp. 444-452
Author(s):  
Jiwan Jyoti
Keyword(s):  
Relationship Marketing ◽  
Inflation Rate ◽  
Sustainable Growth ◽  
Business Organizations ◽  
New Economic Policy ◽  
Fuel Prices ◽  
Strategic Competition ◽  
Loyal Customer ◽  
The Relationship ◽  
Do So

In today‟s intense competition, it is very important for any business organization to keep their customers otherwise the competitors will attract them as business is all about creating customer, satisfying a customer and retaining a customer. Increasing inflation rate, increasing rate of interests, hike in fuel prices, global slowdown in economic growth are a few reasons of worry for the companies to think differently to maintain their sales and profit. The business organizations are struggling for their survival and sustainable growth. On the other hand, the new economic policy of India has also opened its trade for the multinationalcompanies. Therefore companies are trying to do something by which they can keep their customers and it is the Relationship Marketing which helps the companies to do so. It is an important tool for strategic competition management. As it is well known fact that a satisfied and loyal customer brings three new customers, therefore companies try all their efforts to maintain good relations with its customers. They are providing value for their money & efforts, they areproviding information about their actions, they are inviting them for feedback etc.

Developing Business Aligned Knowledge Management Strategy

2011 ◽  
pp. 2631-2645
Author(s):  
El-Sayed Abou-Zeid
Keyword(s):  
Knowledge Management ◽  
Competitive Advantage ◽  
Business Strategy ◽  
Strategic Alignment ◽  
Strategic Choices ◽  
Knowledge Management Strategy ◽  
Knowledge Strategy ◽  
Alignment Model ◽  
Knowledge Strategies ◽  
The Relationship

With the growing awareness of the crucial role that knowledge can play in gaining competitive advantage, several issues with regard to knowledge management (KM) initiatives have challenged executives. The articulation of the relationship between an organization’s competitive strategy and its knowledge strategy is the most eminent. This chapter addresses the issue of how to align knowledge strategy with enterprise business strategy. Based on the premise that the realization of business value from KM investments requires alignment between business and knowledge strategies, the issue is addressed by developing a strategic alignment model for KM. This model, which is based on the Henderson-Venkatraman strategic alignment model, includes the external domains (opportunities/threat) and internal domains (capabilities/arrangements) of both business (B-) and knowledge (K-) strategies and the relationships between them. Furthermore, it provides alternative strategic choices. The model is used to study a KM initiative at Buckman Laboratories.

Connecting the Dots

2017 ◽  
pp. 26-41
Author(s):  
Olajumoke Ogunsanya
Keyword(s):  
Creative Thinking ◽  
Business Practices ◽  
Business Organizations ◽  
Sustainable Business ◽  
Term Survival ◽  
Collective Creativity ◽  
Connecting The Dots ◽  
Creativity And Innovation ◽  
The Relationship

Calls for businesses to act with concern for the environment and society create new operating scenarios in which sustainability concerns must be taken into consideration along with the primary objectives of profitability and competitiveness. These additional obligations contribute to dynamism of the marketplace and make it important for businesses to draw on creativity and innovation to find connections between the unrelated in order to establish new efficiencies that can create competitive advantage and differentiation in the environment they find themselves. The central theme of this chapter is how bisociation informs collective creativity and innovation, and influences sustainability for business organizations competing in an environment that is in a permanent state of flux. This chapter trails a series of concepts to find the relationship between the concept of bisociation, collective creativity and sustainable business practices. The aim is to show how consistent creative thinking and exploration of information in different spaces of thought can proffer innovative solutions organizations require for their long term survival and prosperity.

Relationship Between Leadership Capability and Knowledge Management: A Measurement Approach

2008 ◽  
Vol 07 (02) ◽  
pp. 83-92 ◽  
Author(s):  
G. Suri Babu ◽  
T. Mohana Rao ◽  
Salma Ahmed ◽  
K. S. Gupta
Keyword(s):  
Knowledge Management ◽  
Competitive Advantage ◽  
Human Resource ◽  
Research Study ◽  
Process Models ◽  
Academic Press ◽  
Correlation Relationship ◽  
Leadership Capability ◽  
The Relationship ◽  
Measurement Approach

The importance of leadership capability (LC) and knowledge management (KM) are well recognised in the popular and academic press to achieve competitive advantage. Although organisations are applying many skills and practices to address the problems for the achievement of competitive advantage, but unable to focus on the measurement and relationship aspects of LC and KM. Many organisations are succeeding and achieving their goals and targets generally with their human resource skills, and particularly with LC and KM. But there are no methodologies for their measurement aspects to plan for the required human resource with necessary competencies as per the desired organisational goals. A research is carried out to develop a methodology for the measurement and relationship aspects of the LC and KM. As the main purpose of this paper is to investigate a relationship between LC and KM, a research study is carried out in: (i) development of process models for LC and KM, (ii) developed an instrument for measuring the LC and KM efforts and (iii) investigated for the relationship between LC and KM. Based on the survey of 247 managers in the three major public sector undertakings, the LC and KM skills have been measured, and analysed for their relationship. The analysed data interprets that there is a positive correlation relationship between the LC and KM. Finally, this research limitations and implications have been examined.

scholarly journals Effect of internal R&D activities to the accumulation of organizational technical knowledge with the mediation role of absorptive capacity to establish the innovation capability of electronic industries

2018 ◽  
Vol 154 ◽  
pp. 01059 ◽  
Author(s):  
Bambang Purwanggono ◽  
Yohana Aeria Damyana
Keyword(s):  
Knowledge Management ◽  
Competitive Advantage ◽  
Absorptive Capacity ◽  
Innovation Process ◽  
Electronics Industry ◽  
Technical Knowledge ◽  
Sustainable Competitive Advantage ◽  
Innovation Capability ◽  
The Relationship

Innovation is a strategy for the electronics industry to create a sustainable competitive advantage, in the midst of a rapidly changing environment with all its complexity. Seven AT program as an effort for PT. Hartono Istana Teknologi (Polytron) into enterprise knowledge, will accelerate the innovation process, combined with good organizational technical knowledge management. Organizational technical knowledge will be instrumental in innovation capabilities properly if there is an internal R & D activities that support and absorptive capacity as a mediator. This study reviewed the organizational technical knowledge influence to innovation capability, the influence of R & D activities to organizational technical knowledge, as well as the role of absorptive capacity as a mediator. The study was conducted by distributing questionnaires to 130 employees of PT. Hartono Istana Teknologi. Data processing was conducted using SEM. The results showed that the absorptive capacity mediate the relationship between R & D activities and organizational technical knowledge by 51%, and organizational technical knowledge affect innovation capabilities by 64%.

scholarly journals INVESTIGATING THE ROLE OF KNOWLEDGE MANAGEMENT AS A TOOL FOR ENHANCING INNOVATION AND CREATIVITY IN ORGANIZATIONS

2016 ◽  
Vol 4 (4) ◽  
pp. 82-89
Author(s):  
Mahboubeh Shateri ◽  
Roya Safari ◽  
Noosha Hozhabrnejad ◽  
Hamid ShateriBaghiabadi
Keyword(s):  
Knowledge Management ◽  
Competitive Advantage ◽  
Creative Thinking ◽  
Emerging Market ◽  
Allocation Of Resources ◽  
Competitive Edge ◽  
Corporate World ◽  
Management Literature ◽  
Creativity And Innovation

According to modern management literature in the fields of innovation and creativity, it is vital for organizations to innovate to keep up with increasing competition, consumer demands and emerging market fields. Here is where the role of knowledge management is highlighted as a potential key competitive advantage. This paper brings together knowledge from various areas to show that innovation is a form of organizational advantage which can be obtained by appropriate knowledge management. Focus is made the role of knowledge management in sustaining and enhancing creativity in organizations. The simulation of creativity and the allocation of resources for creative thinking methods for employees are also of vital importance. Thus, in the current corporate world, the utilization of knowledge management as a tool for enhancing creativity and innovation will present a competitive edge for organizations.

scholarly journals Membangun Kinerja Organisasi Melalui Komunikasi Interpersonal pada Organisasi Bisnis Pendidikan di Kota Pekanbaru

2016 ◽  
Vol 2 (3) ◽  
pp. 221-226
Author(s):  
Masirun Masirun
Keyword(s):  
Data Collection ◽  
Organizational Performance ◽  
Interpersonal Communication ◽  
Business Organization ◽  
Business Organizations ◽  
The City ◽  
Simple Regression

Business organizations are effective in achieving its objectives requires the power of communication both owned personally and of the organization itself. This study proves that using the case of the commercial business organizations in the city of Pekanbaru with the use of a sample of educators as many as 56 people in the census and data collection using questionnaires and analyzed with simple regression showed that the interpersonal communication significantly influence the performance of the business organization. Keywords: organizational performance, interpersonal communication

scholarly journals Pengaruh Konflik Pekerjaan-Keluarga Terhadap Kepuasan Kerja (Kasus Karyawan Bank BJB Cabang Utama Bandung)

2019 ◽  
Vol 4 (3) ◽  
pp. 34-46
Author(s):  
Afina Azka Yasyifa ◽  
Sri Raharso
Keyword(s):  
Job Satisfaction ◽  
Family Conflict ◽  
Work And Family ◽  
Business Organization ◽  
Business Organizations ◽  
Work Family Conflict ◽  
Family Conflicts ◽  
Negative Effect ◽  
Work Family ◽  
The Relationship

The current business organization is important to review the conflict between work and family. It can impact on the survival of employees in business organizations. Work-family conflicts can be one reason employee dissatisfaction with work. The relationship between work-family conflict and job satisfaction. Based on research conducted on 118 respondents employees Bank Bjb Office Main Branch Bandung obtained results that show there is a relationship between work family conflict with job satisfaction. This is evidenced by the results of correlation analysis between work family conflict variables with job satisfaction included in the negative and significant relationship. Furthermore, work family conflict also has a negative effect on job satisfaction in the regression analysis done.

scholarly journals THE ROLE OF ATTITUDE TO MONEY IN MEDIATING THE RELATIONSHIP BETWEEN KNOWLEDGE MANAGEMENT AND FINANCIAL PERFORMANCE: A STUDY OF MSMES USING ECOMMERCE AND NONECOMMERCE IN THE CITY OF PONTIANAK – INDONESIA

2021 ◽  
Vol 5 (2) ◽  
pp. 72-76
Author(s):  
Aprina Kuswardani ◽  
Girang Permata Gusti
Keyword(s):  
Knowledge Management ◽  
Financial Performance ◽  
Significant Influence ◽  
Optimal Behavior ◽  
Money Attitudes ◽  
Independent Variable ◽  
The Relationship ◽  
The City

The purpose of this research is to look into the function of money attitudes in mediating the link between knowledge management and financial performance. Knowledge Management is the independent variable in this study, whereas financial performance is the dependent variable, and Attitude to Money is the mediating variable. Using SPSS 23 analytic software. Data was collected utilizing the questionnaire approach with Linkert’s scale, a randomly selected sample based on specified criteria, and a total of 219 MSMEs in Pontianak City. The findings of this research are the knowledge management variable of MSME actors in the city of Pontianak has a significant influence on the Attitude to money variable. The more knowledge management increases, the better and optimal behavior to money will also be. However, the role of the attitude toward money variable appears to be ineffective in mediating the association between knowledge management and financial performance.

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