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1 controlling company knowledge productivity index through the 4-dimensional cost of management model: system dynamics approach by.
| Content Provider | CiteSeerX |
|---|---|
| Author | El-Badry, Omar Kholief, Mohamed Abouelenein, Yasser Tower, Dallah Corniche, A. Nil, El Wahba, Khaled |
| Abstract | Knowledge has become the vital source of company’s competitive advantage. It also has become accepted that knowledge represents an intangible as well as significant cornerstone of a company’s market value and hence an asset to be measured and managed, just like others tangible assets are measured and managed. So, no wonder that knowledge-workers have now replaced capital and labor as the scarce resource limiting growth. As a result, there is already an expanding literature on the subject – much of it theoretical, but all regarding the identification and management of a company’s knowledge assets as crucial for commercial success. This paper is about how organizations can better manage their knowledge, viewed from a practical standpoint with the emphasis on the impact of investing in knowledge on a company’s productivity. Investment on knowledge management in this study has been subdivided into 4 main categories (dimensions), namely; investing on Training, allocating budget for Total Quality Management, Investing on Internal Organization Learning, and finally, Hiring New Skilled and Experienced employees. So, all costs associated to the above mentioned dimensions are considered the cost of management, that will be used to evaluate the company’s productivity index using the system |
| File Format | |
| Access Restriction | Open |
| Subject Keyword | System Dynamic Approach Company Knowledge Productivity Index Management Model 4-dimensional Cost Company Knowledge Asset Internal Organization Learning Company Competitive Advantage Total Quality Management Knowledge Management Others Tangible Asset Productivity Index Significant Cornerstone Company Market Value Vital Source Practical Standpoint Commercial Success Main Category Company Productivity Experienced Employee New Skilled Scarce Resource |
| Content Type | Text |
| Resource Type | Article |