Role of Knowledge Sharing Culture and Knowledge Management on the Corporate Performance: A Theoretical Discussion

Abstract

In this paper, an attempt has been made to illustrate the significance of Knowledge Sharing Culture (KSC) and Knowledge Management (KM) on the performance of a company. Besides, the various issues pertaining to KSC and KM in a corporate organisation have dieoretically been discussed in detail by reviewing some of the important case studies. The management of knowledge and developing a sound KSC assume a very significant role in die corporate structure in accomplishing numerous objectives of a firm, namely, competitive advantage, performance, profit, lower transaction cost, agency cost etc., in the post 1990s era. Developing a sound KSC dirough KM brings about lot of advantages in a company in terms of revenue, marketing and cost of production. However, the development of KSC depends largely on die organisational, technical, managerial and technical cultures/environments of a company. These cultures are to be nurtured and developed in order to improve and install a sustainable KSC for accomplishing the corporate objectives in the highly competitive world economy in the long run. The focus of die managers should be on the various components of corporate cultures and factors before embarking on in installing and improving a sound KSC to enhance the overall performance of a company.