Knowledge and strategic management

The article summarizes recent developments in the field of knowledge management and its vital influence on strategic management. Knowledge has become a resource of key importance with regard to the competitive advantage of a business. It thus strengthens the resource-based view of competitive advant...

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Main Author: J. Hron
Format: Article
Language:English
Published: Czech Academy of Agricultural Sciences 2006-03-01
Series:Agricultural Economics (AGRICECON)
Subjects:
Online Access:https://agricecon.agriculturejournals.cz/artkey/age-200603-0001_knowledge-and-strategic-management.php
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author J. Hron
author_facet J. Hron
author_sort J. Hron
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description The article summarizes recent developments in the field of knowledge management and its vital influence on strategic management. Knowledge has become a resource of key importance with regard to the competitive advantage of a business. It thus strengthens the resource-based view of competitive advantage and develops it further by providing guidelines for developing, storing, and sharing knowledge within a business with the use of the concept of organisational learning. Tacit and explicit knowledge is distinguished in order to differentiate their contribution towards the competitiveness of a business. Based on these developments major trends affecting current development of strategic management are defined as well as recommendations drawn from the experience of leading subjects in the field.
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spelling doaj.art-2f45c727cb9c405eb33cb1c7f9cdc5812023-02-23T03:23:09ZengCzech Academy of Agricultural SciencesAgricultural Economics (AGRICECON)0139-570X1805-92952006-03-0152310110610.17221/5001-AGRICECONage-200603-0001Knowledge and strategic managementJ. Hron0Czech University of Agriculture, Prague, Czech RepublicThe article summarizes recent developments in the field of knowledge management and its vital influence on strategic management. Knowledge has become a resource of key importance with regard to the competitive advantage of a business. It thus strengthens the resource-based view of competitive advantage and develops it further by providing guidelines for developing, storing, and sharing knowledge within a business with the use of the concept of organisational learning. Tacit and explicit knowledge is distinguished in order to differentiate their contribution towards the competitiveness of a business. Based on these developments major trends affecting current development of strategic management are defined as well as recommendations drawn from the experience of leading subjects in the field.https://agricecon.agriculturejournals.cz/artkey/age-200603-0001_knowledge-and-strategic-management.phpknowledge and strategic managementcompetenceorganisationinformation systems
spellingShingle J. Hron
Knowledge and strategic management
Agricultural Economics (AGRICECON)
knowledge and strategic management
competence
organisation
information systems
title Knowledge and strategic management
title_full Knowledge and strategic management
title_fullStr Knowledge and strategic management
title_full_unstemmed Knowledge and strategic management
title_short Knowledge and strategic management
title_sort knowledge and strategic management
topic knowledge and strategic management
competence
organisation
information systems
url https://agricecon.agriculturejournals.cz/artkey/age-200603-0001_knowledge-and-strategic-management.php
work_keys_str_mv AT jhron knowledgeandstrategicmanagement