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A review of knowledge management strategies – Issues, contexts and benefits for the construction industry

Mohd Zin, IN and Egbu, CO 2010, A review of knowledge management strategies – Issues, contexts and benefits for the construction industry , in: CIB World Congress 2010, 10-13 May 2010, The Lowry, Salford Quays, United Kingdom.

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    Abstract

    In the last few years, knowledge management has become one of the hot topics discussed by scholars and industry practitioners. There is also an increasing awareness that to survive and maintain sustained competitive advantage in an uncertain and global market place, organisations need to give due consideration strategies that lead to effective knowledge management initiatives and outcomes. Despite the increasing in adoption of knowledge management concepts and initiatives in other industrial sectors, the construction industry has, arguably, been slow to adopt effective knowledge management practices and strategies; hence many construction organisations are yet to fully exploit the potential benefits of knowledge management concepts and initiatives. The main objectives this paper are, inter alia, to identify the importance and benefits of formal and informal knowledge management approaches in construction organisations and to critically appraise some of the strategies of knowledge management being adopted by organisations from which lessons learned are discussed for the benefits of the construction industry. The paper concludes that there are many knowledge management strategies currently being adopted and used by organisations and each having its own strengths, weaknesses, benefits and potentials. It also concludes that there is no one knowledge management strategy that is likely to lead to successful outcomes in all organisations, but there are certain issues worthy of consideration in developing a knowledge management strategy that offers potential for success. The realisation of this success will, however, depend on a host of factors, including organisational capabilities. This latter conclusion leads to important recommendations for the attention or industry, organisations and the academic community. These are also documented in the paper.

    Item Type: Conference or Workshop Item (Paper)
    Themes: Subjects / Themes > T Technology > TH Building construction
    Built and Human Environment
    Schools: Colleges and Schools > College of Science & Technology
    Colleges and Schools > College of Science & Technology > School of the Built Environment
    Colleges and Schools > College of Science & Technology > School of the Built Environment > Management in Construction Research Centre (MIC)
    Journal or Publication Title: CIB world congress 2010
    Publisher: School of Built Environment, The University of Salford
    Refereed: Yes
    Depositing User: IN Mohd Zin
    Date Deposited: 27 Jan 2011 13:25
    Last Modified: 20 Aug 2013 17:46
    URI: http://usir.salford.ac.uk/id/eprint/12821

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