Role of strategic knowledge management practices in enhancing strategic perspectives of an organisation to improve entrepreneurial performance

IF 6.6 2区 管理学 Q1 INFORMATION SCIENCE & LIBRARY SCIENCE Journal of Knowledge Management Pub Date : 2024-03-18 DOI:10.1108/jkm-04-2023-0300
Aqueeb Sohail Shaik, Monika Jain, Aparna Mendiratta, Ghadah Alarifi, Elisa Arrigo
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Abstract

Purpose

The purpose of this study is to investigate the significance and impact of strategic knowledge management (SKM) practices and organisational change capacity (OCC) in improving strategic thinking and strategic orientation in small and medium-sized enterprises (SMEs) and their contribution in overall improvement of entrepreneurial performance.

Design/methodology/approach

Quantitative research methodology using partial least square structural equation modelling with data of 296 sample from the target group as managers and owners from various SMEs in the UK has been used in the study.

Findings

The findings suggest that SMEs that invest in SKM and OCC are more proficient at adjusting to fluctuations in the business landscape and develop effective strategies that lead to improved entrepreneurial performance. The study provides evidence that SKM encompasses more than just the acquisition and use of information. It also involves the establishment of a learning and innovation culture that facilitates strategic thinking and direction. Similarly, OCC is not just about implementing change but also about developing the agility and flexibility to adapt to market changes, consumer demands and technology.

Practical implications

According to the research, SMEs may boost their entrepreneurial performance and keep a competitive advantage in the modern, dynamic business environment by investing in SKM and OCC. The capacity of SMEs to implement SKM and organisational change should be encouraged and supported by policymakers and practitioners, who should also offer the necessary tools and assistance to do so.

Originality/value

This study offers a valuable addition to the previously published works on SKM and OCC within SMEs. It offers empirical data that highlights the significance of SKM and OCC in fostering strategic thinking, strategic orientation and ultimately, boosting entrepreneurial performance. The study also highlights the challenges faced by SMEs in implementing SKM and OCC and provides recommendations for overcoming these challenges.

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战略知识管理实践在增强组织战略视角以提高企业绩效方面的作用
目的本研究旨在探讨战略知识管理(SKM)实践和组织变革能力(OCC)在改善中小型企业(SMEs)战略思维和战略导向方面的意义和影响,以及它们在全面提高企业绩效方面的贡献。研究结果研究结果表明,投资于 SKM 和 OCC 的中小企业更善于适应商业环境的波动,并能制定有效的战略,从而提高企业绩效。研究证明,科学知识管理不仅包括信息的获取和使用。它还包括建立学习和创新文化,促进战略思维和方向。同样,OCC 不仅涉及实施变革,还涉及培养适应市场变化、消费者需求和技术的敏捷性和灵活性。实际意义根据研究,中小企业可通过投资于 SKM 和 OCC 来提高创业绩效,并在现代动态商业环境中保持竞争优势。中小企业实施 SKM 和组织变革的能力应得到政策制定者和从业人员的鼓励和支持,他们还应为此提供必要的工具和帮助。 原创性/价值本研究为之前出版的有关中小企业 SKM 和 OCC 的著作提供了宝贵的补充。它提供的实证数据强调了 SKM 和 OCC 在促进战略思维、战略导向以及最终提高创业绩效方面的重要性。本研究还强调了中小企业在实施科学知识管理和业务协调委员会方面面临的挑战,并提出了克服这些挑战的建议。
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来源期刊
CiteScore
13.70
自引率
15.70%
发文量
99
期刊介绍: Knowledge Management covers all the key issues in its field including: ■Developing an appropriate culture and communication strategy ■Integrating learning and knowledge infrastructure ■Knowledge management and the learning organization ■Information organization and retrieval technologies for improving the quality of knowledge ■Linking knowledge management to performance initiatives ■Retaining knowledge - human and intellectual capital ■Using information technology to develop knowledge management ■Knowledge management and innovation ■Measuring the value of knowledge already within an organization ■What lies beyond knowledge management?
期刊最新文献
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