How to make knowledge resources valuable: An insight of knowledge integration process analysis

Abstract

Purpose

This paper aims to offer an integration point for newly acquired heterogeneous knowledge resources to be assessed if these resources qualify to be a part of a firm’s existing knowledge resource portfolio. Focus of this paper will be on the development of knowledge integration point (KIP), in addition to the factors helping in determination of this KIP, for example, manager’s judgment about the firms’ knowledge requirements, knowledge reserve a potential employee should have and firm’s existing knowledge resource portfolio.

Design/methodology/approach

This study includes a content analysis.

Findings

Firms should have only those resources which contribute to value creation for the customers and the organization. Presence of any other knowledge resource which does not have the ability to create value is a waste of value. It is the knowledge managers’ responsibility to decide whether a knowledge resource should be a part of a firm’s existing knowledge portfolio. This decision should be taken before the acquisition of that knowledge resource, i.e. at KIP, then it would be more easy for knowledge managers to handle and integrate them with the existing set of firm’s knowledge resources.

Practical implications

If the potential knowledge resource is evaluated at KIP to know its level of integration and configuration ability with the existing firms’ knowledge resource portfolio, then it will take less time and efforts to integrate. It will take such firms far ahead than those whose acquired resources took much time to integrate. Hence, resource’s integration and configuration ability levels affect the speed of integration, which ultimately provides opportunity to firms to perform well.

Originality/value

KIP may help to make speedier integration process, which eventually leads firms to perform better.

Citation

Hussain, S.A. (2017), "How to make knowledge resources valuable: An insight of knowledge integration process analysis", VINE Journal of Information and Knowledge Management Systems, Vol. 47 No. 1, pp. 42-54. https://doi.org/10.1108/VJIKMS-01-2016-0002