Managing knowledge for sustained competitive advantage
Managing knowledge for sustained competitive advantage
by S Jackson et al
John Wiley & Sons, 2003
$93.95
This latest addition to the Jossey-Bass Organisational Frontiers Series critically analyses how industrial organisational psychologists recruit and manage different types of knowledge and how that affects competitiveness and capacity for growth and development. It argues that the point to remember is that information acquisition and management is a continuous strategy and that company’s should foster a culture of learning.
In this modern line of HR thought, companies acquire critical human resources and then necessarily develop HR systems to manage and optimise the potential this resource. As people and systems are unique in each company, they represent a sustainable competitive advantage that is next to impossible to copy.
The book expands on this basic premise by presenting a framework derived from traditional strategic management. By concentrating on a renewable resource such as knowledge in human capital and its management, the book purports to analyse how industrial and organisational psychologists not only increase a company’s understanding of knowledge-based competition, but how a company can successfully utilise it.