October 28, 2023 2:34 PM |
Updated: October 28, 2023 14:34
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In a rapidly changing world, knowledge is considered one of the most valuable assets for organizations. The world of business intelligence (BI), which involves the process of collecting, analyzing and utilizing data to improve decision-making processes, is increasingly important in facing modern business challenges. But how can we fully exploit the potential of combining knowledge and business intelligence? This is what brings us to an interesting study discussing ” SECI Knowledge Models and Opportunities Involving Business Intelligence by Maturity Level: Case Studies in Selected Businesses in the Czech Republic”.
This research was authored by a number of leading researchers, including Way Chen, Eduardo Dr, Schering Flores Bermudez, and others in 2023. In this engaging article, we will journey to reveal key findings, noteworthy contributions, concrete implications, and final resolution of the investigation that preceded this. Along the way, we will explain the profound impact that can be exerted on a company through a harmonious blend of knowledge and business acumen.
Knowledge as a Valuable Asset
First and foremost, this paper emphasizes the importance of knowledge in today’s economic era. Knowledge has turned into a highly valued asset for companies, serving as a source of innovation and a driver of competitive advantage. Companies that manage their knowledge with a clear vision and approach tend to be more successful. This brings us to the key question: how can we integrate this knowledge with business intelligence?
Integrating Business intelligence and Knowledge Management
One of the main contributions of this paper is understanding the potential of integrating business intelligence (BI) with knowledge management (KM). This idea is very interesting because business intelligence (BI) is concerned with an organization’s ability to collect and analyze information, while knowledge management (KM) includes complex processes in collecting, storing, and disseminating knowledge.
In this context, this study uses the SECI Model (Socialization, Externalization, Combination, Internalization) to describe the knowledge conversion process. This research embarks on an exciting journey in the Czech Republic, delving deeper into a fascinating case study. The aim is to assess the level of involvement of Business intelligence in the Knowledge Management process. As this journey progresses, this research seeks to reveal the maturity level of this harmonious union and identify the various opportunities available in combining these two extraordinary domains.
Paper as a Practical Guide
One of the most valuable aspects of this research is the provision of practical insights and concrete recommendations on how to implement BI into KM processes. It provides much-needed tools for managers to optimize knowledge conversion within their organizations.
More than theory, research notes the benefits that organizations may gain through the integration of BI and KM. With better access to knowledge and sharing, organizations can advance personal and organizational learning and innovation.
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