Abstract
This study examines the knowledge management strategies on profitability of selected deposit money banks in Nigeria. The study employed the survey research design. The population was 2,405 management staff of the selected deposit money banks in Nigeria. The sample size of 481 was determined using Krejcie and Morgan table. Multi-stage sampling was used to select the respondents. A validated questionnaire was used for data collection. The result revealed that knowledge management strategies had significant influence on the profitability (Adj.R2 = 0.520, F(2, 429) = 234.452, p < 0.05) in the selected deposit money banks in Nigeria. The study concludes that knowledge management strategies contributed to profitability of deposit money banks in Nigeria. The study recommends that person-to-person transfer of knowledge should be improved on. Finally, the Central Bank of Nigeria should formulate a policy to establish knowledge management in the deposit money banks.
 Keywords: Deposit money banks, Profitability, Knowledge management strategies, Knowledge management
Highlights
Profitability the ability of a given investment to earn a return (Nishanthini & Nimalathasan, 2013); it is a necessary construct that reflects the performance of an organization
This study explored the influence of knowledge management strategies on profitability of selected deposit money banks in Nigeria
The main objective of this study is to investigate the influence of knowledge management strategies on profitability of selected Deposit Money Banks in Nigeria
Summary
Profitability the ability of a given investment to earn a return (Nishanthini & Nimalathasan, 2013); it is a necessary construct that reflects the performance of an organization. This concept can make organizations outstanding if there are prompt payments of dues to regulatory and governing bodies if internal revenue is generated by the organization and if organizations can pay off outstanding debts in due course. Knowledge management strategy refers to the choice of an organization to create new knowledge or reuse an existing one. Knowledge management strategy is applied as the organization's means to achieve knowledge approach by using a human interaction based and information technology-based methods. Personalization and codification strategies are the constructs of knowledge management strategies (Bhatt, 2002)
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