The Knowledge Value Chain: how intellectual capital impacts on business performance – Article Review
The article researched the fundamental issues of how knowledge management impacts on business performance that creates value for the business in general. The main focus of the article has been to identify the linkage between knowledge management and core competencies, strategic processes, business performance and value creation.
The article states that the knowledge is a distinguishing factor of business factor through which the company creates a successful value chain. Due to strong human capital, the companies achieve their core competencies and comparative advantages.
The article has assumed that the improvement in business results in value generated for the stakeholders of the company. And the value generated is the result of an organization’s ability to manage its business processes, and finally, to manage the business processes effectively and efficiently is directly correlated with the knowledge management of any organization.