Abstract
Knowledge management plays a vital role in sustaining organizational performance of private academic institutions over time. Nonetheless the linkage between knowledge management, managing talent practices and organizational performance is not adequately addressed. This study therefore is aimed to investigate the relationship between knowledge management and organizational performance of Malaysian private colleges and whether managing talent practices, namely managing talent development and talent retention mediate the relationship between knowledge management and organizational performance of Malaysian private colleges. PLS-SEM technique is deployed to test the hypothesized relationships in the model. Data to all variables of interest studied is collected through a survey using structured questionnaires. A total of 785 sets of questionnaires was distributed to academic and non-academic staff above the executive level from 157 selected private colleges in Malaysia, out of which 243 (31%) of them were valid and useable to this study. Empirical findings in this study highlight that knowledge management has a significant positive relationship with organizational performance of private colleges. Managing talent development rather than talent retention is found to have a significant direct positive influence on organizational performance of private colleges. In addition, knowledge management is predicted to have a significance positive influence on talent development and talent retention respectively. The mediation effects of talent development is statistically significant and in this regard, talent development is shown to have partially mediated the relationship between knowledge management and organizational performance of Malaysian private colleges. Both limitations and managerial implications are also highlighted in this paper.
Highlights
As Malaysia is making a transition from its production-based economy to a knowledge-based economy, the initiative of knowledge management among the Malaysian higher learning institutions is critically important to their organizational success (Nasiruzzaman, Qudaih & Dahlan [1]; Nawaz & Gomes [2])
Since the findings further reveal that talent development mediates the relationship between knowledge management and organizational performance of private colleges, it is in the interest of the Malaysian private colleges to invest adequate resources in establishing a well-functioning knowledge management mechanism such as the setting up of network multimedia and e-learning facilities to drive the development of talented workforce in enhancing their knowledge and skills competencies that in turn contributing to the long-term business success
It fills the gap by addressing organizational performance that is linked with knowledge management mediated by managing talent practices, of Malaysian Private Colleges: A Mediating Role of Managing Talent Practices namely talent development and talent retention respectively
Summary
As Malaysia is making a transition from its production-based economy to a knowledge-based economy, the initiative of knowledge management among the Malaysian higher learning institutions is critically important to their organizational success (Nasiruzzaman, Qudaih & Dahlan [1]; Nawaz & Gomes [2]). Several past studies (Mohamad, Manning & Tatnall [3]; Attallah et al [4]) have suggested that knowledge management has largely been accepted by the Malaysian public institutions of higher learning as a way to achieve better organizational outcomes. In the study of Yusoff, Mahmood and Jaafar [7], the practice of managing organizational knowledge-related activities in determining the business success of academic institutions in Malaysia still appears to be at its early stage. A study by Demchig[8] has further suggested that higher educational institutions tend to neglect knowledge at the organizational level. A systematic way of managing organizational knowledge among private colleges in Malaysia is paramount in fostering management and technical competencies to
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