Strategic Experimentation and Knowledge Management

Author(s):  
V. K. Narayanan

Historically, the focus of IT infrastructure has been to capture the knowledge of experts in a centralized repository (Davenport & Prusak, 1998; Grover & Davenport, 2001). These centralized databases contained knowledge that was explicit and historical (e.g., competitor pricing, market share), and the IT infrastructure served to facilitate functional decision-making or to automate routine tasks (i.e., in re-engineering). The users of technology approached the repository to obtain data in a narrowly defined domain (Broadbent et al. 1999). Consequently, IT originally played a significant yet ultimately limited role in the strategy creation process. Management information systems (MIS) arguably generated information that was less applicable to strategy creation, as noted in early writings on the linkage between MIS and strategic planning (Holmes, 1985; Lientz & Chen, 1981; Shank et al., 1985).

2011 ◽  
pp. 3214-3220
Author(s):  
V. K. Narayanan

Historically, the focus of IT infrastructure has been to capture the knowledge of experts in a centralized repository (Davenport & Prusak, 1998; Grover & Davenport, 2001). These centralized databases contained knowledge that was explicit and historical (e.g., competitor pricing, market share), and the IT infrastructure served to facilitate functional decision-making or to automate routine tasks (i.e., in re-engineering). The users of technology approached the repository to obtain data in a narrowly defined domain (Broadbent et al. 1999). Consequently, IT originally played a significant yet ultimately limited role in the strategy creation process. Management information systems (MIS) arguably generated information that was less applicable to strategy creation, as noted in early writings on the linkage between MIS and strategic planning (Holmes, 1985; Lientz & Chen, 1981; Shank et al., 1985).


2011 ◽  
pp. 286-293
Author(s):  
V. K. Narayanan

Historically, the focus of IT infrastructure had been to capture the knowledge of experts in a centralized repository (Davenport & Prusak, 1998; Grover & Davenport, 2001; Nolan, 2001). The centralized databases contained knowledge that was explicit and historical (e.g., competitor pricing, market share), and the IT infrastructure served to facilitate functional decision making or to automate routine tasks (as in reengineering). The users of technology approached the repository to obtain data in a narrowly defined domain (Broadbent, Weill, & St. Clair, 1999). Consequently, IT originally played a significant, yet ultimately limited role in the strategy creation process. Management information systems (MISs) arguably generated information that was less applicable to strategy creation, as noted in early writings on the linkage between MIS and strategic planning (e.g., Lientz & Chen, 1981; Shank, Boynton, & Zmud, 1985; Holmes, 1985). The active management of knowledge was similarly underdeveloped. Despite the fact that strategic decision makers had always emphasized the role of tacit knowledge, the actual importance of knowledge was not explicitly recognized. Formalized knowledge management (Davenport & Prusak, 1998; Dalkir, 2005), with its associated terminology and tools, is a recent development and as such did not inform the strategic planning process. However, the shifts that have taken place in IT infrastructures over the last decade and the recent developments in knowledge management (KM) have brought them closer to the creators of strategy. Indeed, both IT and knowledge management are increasingly enablers in the contemporary strategic management practice: 1. IT infrastructure is transitioning in its focus from the functional work unit to a process orientation. Whereas computer systems were once the focal point, the new infrastructure is network centric, with an emphasis on business knowledge (Nolan, 2001). For example, traditional search engines utilized rule-based reasoning to identify elements matching specific search criteria; the “state-of-the-art” knowledge management systems employ case-based search techniques to identify all relevant knowledge components meeting the user’s request (Grover & Davenport, 2001). 2. IT now takes into account contexts that include crossfunctional experts, knowledgeable on a wide variety of potentially relevant issues. Additionally, there is greater emphasis on the integration of infrastructure with structure, culture (Gold, Malhotra, & Segars, 2001), and organizational roles (Awad & Ghaziri, 2004). In many ways, the newer IT infrastructures have enabled the garnering of explicit knowledge throughout the organization to speed up strategy creation. The objective of this article is to outline how the developments in IT and KM are facilitating the evolution of strategic management to strategic experimentation to create quantum improvements in strategy creation and unprecedented developmental opportunities for the field if IT.


Author(s):  
V. K. Narayanan

Historically, the focus of IT infrastructure had been to capture the knowledge of experts in a centralized repository (Davenport & Prusak, 1998; Grover & Davenport, 2001; Nolan, 2001). The centralized databases contained knowledge that was explicit and historical (e.g., competitor pricing, market share), and the IT infrastructure served to facilitate functional decision making or to automate routine tasks (as in reengineering). The users of technology approached the repository to obtain data in a narrowly defined domain (Broadbent, Weill, & St. Clair, 1999). Consequently, IT originally played a significant, yet ultimately limited role in the strategy creation process. Management information systems (MISs) arguably generated information that was less applicable to strategy creation, as noted in early writings on the linkage between MIS and strategic planning (e.g., Lientz & Chen, 1981; Shank, Boynton, & Zmud, 1985; Holmes, 1985). The active management of knowledge was similarly underdeveloped. Despite the fact that strategic decision makers had always emphasized the role of tacit knowledge, the actual importance of knowledge was not explicitly recognized. Formalized knowledge management (Davenport & Prusak, 1998; Dalkir, 2005), with its associated terminology and tools, is a recent development and as such did not inform the strategic planning process. However, the shifts that have taken place in IT infrastructures over the last decade and the recent developments in knowledge management (KM) have brought them closer to the creators of strategy. Indeed, both IT and knowledge management are increasingly enablers in the contemporary strategic management practice: 1. IT infrastructure is transitioning in its focus from the functional work unit to a process orientation. Whereas computer systems were once the focal point, the new infrastructure is network centric, with an emphasis on business knowledge (Nolan, 2001). For example, traditional search engines utilized rule-based reasoning to identify elements matching specific search criteria; the “state-of-the-art” knowledge management systems employ case-based search techniques to identify all relevant knowledge components meeting the user’s request (Grover & Davenport, 2001). 2. IT now takes into account contexts that include crossfunctional experts, knowledgeable on a wide variety of potentially relevant issues. Additionally, there is greater emphasis on the integration of infrastructure with structure, culture (Gold, Malhotra, & Segars, 2001), and organizational roles (Awad & Ghaziri, 2004). In many ways, the newer IT infrastructures have enabled the garnering of explicit knowledge throughout the organization to speed up strategy creation. The objective of this article is to outline how the developments in IT and KM are facilitating the evolution of strategic management to strategic experimentation to create quantum improvements in strategy creation and unprecedented developmental opportunities for the field if IT.


2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Sami Wasef Abuezhayeh ◽  
Les Ruddock ◽  
Issa Shehabat

Purpose The purpose of this paper is to investigate and explain how organizations in the construction sector can enhance their decision-making process (DMP) by practising knowledge management (KM) and business process management (BPM) activities. A conceptual framework is developed that recognises the elements that impact DMP in terms of KM and BPM. The development of this framework goes beyond current empirical work on KM in addition to BPM as it investigates a wider variety of variables that impact DMP. Design/methodology/approach A case study is undertaken in the context of the construction industry in Jordan. A theoretical framework is developed and assessment of the proposed framework was undertaken through a questionnaire survey of decision-makers in the construction sector and expert interviews. Findings The outcomes of this research provide several contributions to aid decision-makers in construction organizations. Growth in the usage of KM and BPM, in addition to the integration between them, can provide employees with task-related knowledge in the organization’s operative business processes, improve process performance, promote core competence and maximise and optimise business performance. Originality/value Through the production of a framework, this study provides a tool to enable improved decision-making. The framework generates a strong operational as well as theoretical approach to the organizational utilization of knowledge and business processes.


2021 ◽  
Vol 2 (1) ◽  
pp. 15-31
Author(s):  
Andrei Bonamigo ◽  
Camila Guimarães Frech ◽  
Nathalia Corrêa

During the value co-creation process, organizations share several resources with their partners, including knowledge. This intangible resource is essential for innovations development, which ensures companies' competitiveness. However, the knowledge transfer across organizational boundaries exposes companies to some risks. Thus, this study aims to examine which KM strategies for value co-creation in industrial services have been presented in the literature. To achieve this goal, first, the authors carried out a systematic literature review (SRL). Then, the resulting portfolio was analyzed following the content analysis proposed by Bardin. From this analysis, it was feasible to identify four KM strategies for value co-creation in industrial services. Among them, adoption of information systems showed a higher frequency. Based on these study findings, it is possible to broaden the knowledge of factors that influence KM in value co-creation and offer advice to managers on how to manage the knowledge shared among firms that jointly create value.


Kybernetes ◽  
2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Tian Ming ◽  
Wang Teng ◽  
Susan Jodaki

Purpose Decision-making and problem-solving are ongoing progressions of evaluating situations or problems, considering substitutes, making choices and following them up with the necessary actions. The relationship between managers’ decision-making and information technology (IT) has long been of interest to researchers. This study aims to examine the changes in novel technologies in facilitating managers’ decisions that influence the quality and timeliness of information and decision-making. Design/methodology/approach The present paper is a descriptive-correlative study in terms of the data collection method and is applicable in terms of purpose. In addition, the library-field method was used to collect information. Because of the target and subject of the research of the statistical population, this research contains all managers of a management organization that are 100 people. The present study is used in the structural equation modeling method to examine causal models and evaluate the reliability and validity of the measurement model. The presented model and the gathered information from the questionnaires were analyzed through SmartPLS software. Findings The results indicate that the IT infrastructure, expert systems, marketing information systems (ISs) and organizational variables significantly influence the ease of managers’ decision-making and considering these dimensions is a step in the success of managers’ decisions. Research limitations/implications This study used a questionnaire to collect information, which may result in some people refusing to provide a real answer and giving an unrealistic answer. This study is also cross-sectional, and therefore, makes it difficult to conclude about causality. In addition, access to statistics and information is one of the significant pillars of research. Practical implications The paper presents useful advice for improving decision-making. In addition, the topic is relevant to the ease of managers’ decisions. A better understanding of the impact of IT infrastructure, expert systems, marketing ISs and organizational variables could significantly enhance managers’ success. Originality/value The ideas and topics discussed are equally applicable to libraries and can provide new insights into the impact of IT infrastructures, expert systems, marketing ISs and organizational variables on the ease of decision makers as a source of competition.


1992 ◽  
Vol 8 (2) ◽  
Author(s):  
John Hedberg ◽  
Barry Harper ◽  
Deborah Bloch

<span>This paper describes the issues surrounding the provision of information systems to small educational organisations, in particular, the concerns which need to be considered when generating a comprehensive strategy for the implementation of an educational integrated information system. The paper reviews both information systems strategy research and innovations in educational technology, and reports on two studies of the problems in information systems strategy of educational professionals. In the major study, survey responses from 432 high schools were analysed to examine the relative use of microcomputer school information systems for efficiency of routine functions versus effective decision-making defined as greater use of information by school personnel. Schools showed significantly greater use of the systems for more efficient processing of routine tasks. However, operational factors related to the use of the systems as informing tools for more effective decision-making were able to be singled out, and relationships among measures of efficiency, effectiveness, decision-making and operational factors were identified. The article concludes with implications for institutional practice, related research and professional preparation of educational administrators.</span>


Author(s):  
Syafriadi Syafriadi

Development of information resources will lead to changes in the role of managers in decision making, and they are always required to be able to obtain the most accurate information, and the current can be used in the decision-making process. An information system is a combination of work procedures, information, people, and information technology organized to achieve objectives within an organization by providing information for decision makers. In which every manager must manage all information resources effectively and efficiently as possible Because information has Become one of the resources that must be managed properly. The purpose of this research is to find out information about a company's systems, information resources planning and systems of information on information resources can be used to control information management. By limiting the scope of the discussion addressed only Reviews those elements of information systems and information systems role, approach to strategic planning information resources and information systems models of information resources. The results of the study noted that information is an integral part of the (human and equipment) that work together to carry out the processing of the information from the beginning of the collection, processing, storage and distribution, where managers need information before taking a decision. Information is one of the resources that it needs a lot of report manager. With the use of or display of information to reflect the company's physical condition and information resources are managed by the CIO (Chief Information Officer), as manager of information services expertise in solving problems related to sources of information as well as other areas of company operations. The benefit of the company's strategic planning information can find out the important factors needed to develop information systems that are aligned with the corporate strategy since it as well as other resources, the which should be available in all the required information, resources must Also be available when required. So that the necessary information is always available, we need a system that will serve to provide information necessary.


Author(s):  
Syed Raiyan Ghani

Library requires mighty technologies to support, sort and categorize information in the shortest span of time for better knowledge-tasks and decision-making. Ontology is one of the needs and adroitness which helps library users in acquiring better standardized vocabulary, better routes and better search. The chapter discusses how ontology libraries can process as a connection in modifying versatile users and diligence to reveal, judge, utilize, and disseminate the information overload. The Ontology–based Information Systems (IS) and Knowledge Management Systems (KMS) helps cognitive process of reaching a decision which are used to draw out user information and fuzzy ontologies are applied to store the accumulated knowledge.


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