Role of strategic knowledge management practices in enhancing strategic perspectives of an organisation to improve entrepreneurial performance

Shaik, Aqueeb Sohail, Jain, Monika, Mendiratta, Aparna, Alarifi, Ghadah and Arrigo, Elisa (2024) Role of strategic knowledge management practices in enhancing strategic perspectives of an organisation to improve entrepreneurial performance. Journal of Knowledge Management. ISSN 1367-3270 (In Press)

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The purpose of this study is to investigate the significance and impact of strategic knowledge management (SKM) practices and organisational change capacity (OCC) in improving strategic thinking and strategic orientation in small and medium-sized enterprises (SMEs) and their contribution in overall improvement of entrepreneurial performance.

Quantitative research methodology using partial least square structural equation modelling with data of 296 sample from the target group as managers and owners from various SMEs in the UK has been used in the study.

The findings suggest that SMEs that invest in SKM and OCC are more proficient at adjusting to fluctuations in the business landscape and develop effective strategies that lead to improved entrepreneurial performance. The study provides evidence that SKM encompasses more than just the acquisition and use of information. It also involves the establishment of a learning and innovation culture that facilitates strategic thinking and direction. Similarly, OCC is not just about implementing change but also about developing the agility and flexibility to adapt to market changes, consumer demands and technology.

Practical implications
According to the research, SMEs may boost their entrepreneurial performance and keep a competitive advantage in the modern, dynamic business environment by investing in SKM and OCC. The capacity of SMEs to implement SKM and organisational change should be encouraged and supported by policymakers and practitioners, who should also offer the necessary tools and assistance to do so.

This study offers a valuable addition to the previously published works on SKM and OCC within SMEs. It offers empirical data that highlights the significance of SKM and OCC in fostering strategic thinking, strategic orientation and ultimately, boosting entrepreneurial performance. The study also highlights the challenges faced by SMEs in implementing SKM and OCC and provides recommendations for overcoming these challenges.

Item Type: Article
Keywords: Strategic thinking | Strategic orientation | Strategic knowledge management | Organisational change capacity | Strategic flexibility | Small and medium enterprise (SME) | Structural equation modelling (SEM) | Entrepreneurial performance
Subjects: Social Sciences and humanities > Business, Management and Accounting > Strategy and Management
Social Sciences and humanities > Business, Management and Accounting > Organizational Behaviour
Social Sciences and humanities > Social Sciences > Social Sciences (General)
JGU School/Centre: Jindal Global Business School
Depositing User: Subhajit Bhattacharjee
Date Deposited: 30 Mar 2024 12:34
Last Modified: 30 Mar 2024 12:34
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