Knowledge Management: Philosophy, Processes, and Pitfalls

Based on a survey of 317 firms and in-depth cases on six firms, this article examines the management of the most intangible asset of the firm—its knowledge. This article examines the sources, uses, and outcomes of knowledge and shows how successful firms acquire and absorb more information and know-...

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Veröffentlicht in:California management review 2002-07, Vol.44 (4), p.129-150
Hauptverfasser: Soo, Christine, Devinney, Timothy, Midgley, David, Deering, Anne
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container_title California management review
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creator Soo, Christine
Devinney, Timothy
Midgley, David
Deering, Anne
description Based on a survey of 317 firms and in-depth cases on six firms, this article examines the management of the most intangible asset of the firm—its knowledge. This article examines the sources, uses, and outcomes of knowledge and shows how successful firms acquire and absorb more information and know-how. More importantly, these firms have more effective decision-making processes that enable them both to create new knowledge and to apply this knowledge to generating more innovation in products and processes. Greater levels of innovation in turn lead to improved market and financial performance. This article identifies eight key lessons for knowledge managers and demonstrates how rather than attempting to manage knowledge, firms should measure the change in the innovative outputs that arise from their knowledge management strategies and practices.
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subjects Business innovation
Business management
Business service industries
Business structures
Decision making
Enterprises
Executive search firms
Innovations
Knowledge
Knowledge management
Leadership
Management
Management philosophies
Management styles
Philosophy
Process management
Strategic management
Surveys
Technological innovation
title Knowledge Management: Philosophy, Processes, and Pitfalls
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