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Advancing the Concepts & Practices of Information Resources Management in Modern Organizations

Examining Strategic Fit and Innovation in Terms of Competitive Strategies and Knowledge Management

Examining Strategic Fit and Innovation in Terms of Competitive Strategies and Knowledge Management
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Author(s): Zafer Adiguzel (Istanbul Medipol University, Turkey)
Copyright: 2020
Pages: 28
Source title: Handbook of Research on Strategic Fit and Design in Business Ecosystems
Source Author(s)/Editor(s): Umit Hacioglu (Istanbul Medipol University, Turkey)
DOI: 10.4018/978-1-7998-1125-1.ch002

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Abstract

Employees working for knowledge management change traditional concept of labor and become an important activator of organizational value. Therefore, in the age of technology, organizations started to give importance to “knowledge management” to reach their performance targets. Knowledge management plays a key role in organizations' accumulation of intangible assets and the organizations use information resources of social networks to maintain their competitive advantage and increase their level of competitiveness. Knowledge management is an important intangible asset for the organizations. Therefore, it is necessary to examine how the information and knowledge management affect organizational performance, and what are the best strategies to achieve good impact. The path to successful strategy and innovation goes through well-implemented knowledge management.

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