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Correlations of Company Strategy and KM
Abstract
This chapter focuses on the presentation of the interrelationship between corporate strategy and the KM system, how could requirements and tasks related to the latter be derived from the former and not separately and for its own sake but to facilitate the implementation of the strategy. It contemplates system approach and KM operating as a system. A fundamental methodological belief of the author is that a KM system adapted to a corporate strategy necessitates harmonizing along various dimensions. In view of the focal points of a corporate strategy and on the ground of an actual knowledge map, determination of new competencies and knowledge elements are necessitated by the strategy to be implemented. This could be followed by the elaboration of a KM strategy whose main dimensions are: human resource allocation (People dimension); inclusion of KM into the expediently reengineered new corporate processes (Process dimension); and the deployment of information technologies that are adequate for the processes and ultimately with the specific knowledge demand (Technology dimension).
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