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The Alignment of Knowledge Management and Strategic Orientation

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The Alignment of Knowledge Management and Strategic Orientation
THE ALIGNMENT OF KNOWLEDGE MANAGEMENT AND STRATEGIC ORIENTATION

Mrs. Aparna Gaur
Faculty HR & IT
International Business School, Kota
Rajasthan, India tel. 0744-6999364, 982898990,9829035702 hiaparnagaur@yahoo.com Mr. Arun Deshmukh
Faculty Marketing & IB
International Business School, Kota
Rajasthan, India tel. 0744-6999364, 9571006798 arund178@gmail.com Abstract

Purpose

This paper focuses on the value of knowledge management (KM) for strategic management of organizations. While doing so, the perspective here is to find out the significance of knowledge management, how it does reside in strategic management. And how does it have a potential, to be used as a tool to enhance strategic advantage. To the extent that KM can serve the purpose of enhancing strategic advantage of an organization it is effective. Beyond that it could be superfluous. A model-in-the making for explaining the relationship of KM to strategic advantage, is applied to three cases of Indian organizations to demonstrate that KM can be used in a variety of ways to lead to operational effectiveness as well as to take strategic decisions. It is concluded that KM can be applied both for the limited purpose of operational effectiveness as well as for the purposes of strategic management. It should not be hyped into a wonder technique that is panacea for all organizational problems. Nor should it be under-estimated and dismissed as a passing fad.

Design / methodology / approach – The paper follows an exploratry approach and is based on the results of a collection of secondary data of three Indian companies who have traversed the journey of successful implementation of knowledge management concepts and analyzing the factors that contributed to their corresponding strategic advantage.
Findings – The findings in the paper suggest that a model can be developed which links the knowledge management orientation of organization to its strategic orientation
Research



References: Andriessen, D. (2004), Making sense of intellectual capital: designing a method for the valuation of intangibles, Elsevier Butterworth Heinemann, Oxford. Ansoff HI. 1965. Corporate Strategy. McGraw-Hill: New York Ansoff HI, Sullivan PA Argyris, C. (1982), Reasoning, learning, and action: individual and organizational, Jossey-Bass, San Francisco. Argyris, C. (1990) Overcoming organizational defenses: facilitating organizational learning, Allyn and Bacon, Boston. Argyris, C. and Schön, D. (1978), Organisational learning: a theory of action perspective, Addison-Wesley, Boston. Arora, R. (2002), "Implementing KM: a balanced scorecard approach", Journal of Knowledge Management, Vol. 6, No. 3, pp. 240-249. Dess GG, R.B. R. 1984. Measuring Organisational Performance in the Absence of Objective Measures". Goh, A. (2004), "Enhancing organisational performance through knowledge innovation: a proposed strategic management framework", Journal of Knowledge Management Practice, Vol. 5, October. Grant, R. (1996), "Towards a knowledge-based theory of the firm", Strategic Management Journal, Vol. 17, pp 109-123. Handy, C. (1996), "Intelligence – capitalism 's most potent asset", HR Monthly, December, pp 8-11. Hansen MT, Nohria N, Tierney T. 1999. What 's Your Strategy for Managing Knowledge? Harvard Business Review Mar-Apr 1999: 106-116 Huber, G IFAC (1998), The measurement and management of intellectual capital: an introduction, IFAC, New York Marchand D, Kettinger W, Rollins J Marchand DA, Kettinger WJ, Rollins JD. 2001. Information Orientation - The Link to Business Performance.Oxford University Press: New York Neely, A Spender, J.C. (1996), "Competitive advantage from tacit knowledge? Unpacking the concept and its strategic implications", in Moingeon, B. and Edmondson, A. (eds.), Organisational learning and competitive advantage, Sage Publications, London. Sveiby, K.-E. (1997), The new organizational wealth: managing and measuring knowledge-based assets, Berrett- Turner, G Wernerfelt, B. (1984), "A resource-based view of the firm", Strategic Management Journal, -----------------------

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