Knowledge management and the competitive strategy of the firm
Abstract
Purpose
Knowledge management (KM) has emerged as a strategy to improve organizational competitiveness. Our purpose is to identify the relationship between KM and the firm's competitive advantage.
Design/methodology/approach
We review the existing literature on KM and strategy formulation. We utilize the resource‐based view approach as a lens for fitting KM with strategic planning. The concept of strategy and KM integration is introduced.
Findings
We relate KM strategies to business strategy through a thorough review of the literature.
Research limitations/implications
Future research should investigate the circumstances under which KM can create a sustainable competitive advantage within the framework of the RBV. Another area involves the investigation of the degree of integration between the competitive strategy and KM strategy.
Practical implications
A very useful source of information for practitioners to refine their thinking about KM and the firm strategic resources. It offers the practitioner a framework for understanding strategy concepts while illustrating how we can derive business results from KM.
Originality/value
This paper offers practical help for corporate executives and practitioners embarking in a KM initiative or program.
Keywords
Citation
Halawi, L.A., McCarthy, R.V. and Aronson, J.E. (2006), "Knowledge management and the competitive strategy of the firm", The Learning Organization, Vol. 13 No. 4, pp. 384-397. https://doi.org/10.1108/09696470610667751
Publisher
:Emerald Group Publishing Limited
Copyright © 2006, Emerald Group Publishing Limited