Knowledge retention for sustaining competitive advantage in construction industry: a conceptual

Knowledge retention for sustaining competitive advantage in construction industry: a conceptual. Malaysian Construction Research Journal (MCRJ), 3 (1). pp. 10-17. ISSN 2590-4140 (2018)



Abstract

Knowledge is an important resource for the companies to remain active and perform in business environment. It is also a valuable resource for the improvement of the company’s competitive advantage. Similar to other companies, construction companies also depend on ideas, knowledge and experience from various sources to meet the stakeholder expectations and requirements. However, and most unfortunately, construction companies are losing their knowledge due to as knowledge is remaining in the mind of the individual. There are several strategies in managing knowledge effectively including knowledge transfer, knowledge retention, knowledge acquisition, knowledge conversion, knowledge application and etc. Among others strategies, knowledge retention is the most significant strategy to retain knowledge in the organization, as this strategy is the first effort to ensure organization
knowledge is retain in the organization before effectively managing its. The objective of this paper is to provide a comprehensive literature on the concept of knowledge retention, competitive advantage and develop a research model that can be a direction to undertaking further study that will benefit key players, other stake holders and researchers in built environment discipline.

Item Type: Article
Keywords: Competitive Advantage, Construction Industry
Taxonomy: By Subject > Architecture, Planning & Surveying > Construction Management
Local Content Hub: Subjects > Architecture, Planning & Surveying
Depositing User: Eza Eliana Abdul Wahid
Date Deposited: 06 Feb 2021 07:05
Last Modified: 06 Feb 2021 07:05
Related URLs:

Actions (login required)

View Item View Item