Strategies for Managing Knowledge in Organisations: A Conceptual Study

Authors

De-Graft Johnson Dei, University of GhanaFollow
Thomas Bingle van der Walt, University of South AfricaFollow

Date of this Version

3-8-2020

Document Type

Article

Abstract

Strategies for managing and safeguarding knowledge are crucial for organisations, which calls for proper preservation and retention. The ability to create closer ties and better understanding between knowledge management (KM) and organisational performance is by establishing strategies. Strategies are used to plan, monitor and assess knowledge in organisations. Several factors need to be considered when deciding on a particular strategy to adopt, as the choice of strategy depends on the nature of the organisation. This study sought to analyse the strategies that organisations deploy to facilitate KM practices. It was discovered that the main strategies used to promote and safeguard knowledge at the universities were coaching, e-learning, communities of practice, mentorship, apprenticeship, and storytelling as the main strategies for managing knowledge. Organisations, therefore, put in place policies to encourage the use of these strategies. These are essential for organisations who want to maintain a coherent and align their practice.