Knowledge Risk and its Mitigation: Practices and Cases

Yip, Jessica Y. T.; Shek, Vivien W. Y.; Lee, Rongbin W.B.

doi:10.1108/9781789739190

Cited by 6 publications

(6 citation statements)

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“…Hence, a grey-based DEMATEL technique is a combined methodology that enhances judgmental decisions using cause-effect diagraphs (Rajesh and Ravi, 2017). As Lee et al (2021) suggest that most risk evaluation is governed by judgmental opinion and choice, so it is appropriate to use a grey-based DEMATEL technique in this study. In addition, this technique helps resolve complex issues (Govindan et al, 2016;Khan et al, 2020;Seker et al, 2017) such as dealing with knowledge risks, which are typically dynamic (Bratianu, 2018).…”

Section: Methodsmentioning

confidence: 99%

Evaluation of Operational Knowledge Risks in SMEs – Using a Grey-Dematel Technique

Foli,

Durst,

Romero

2023

J. Info. Know. Mgmt.

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The increasing recognition of the negative impact of knowledge risks on the operations of small and medium-sized enterprises (SMEs) has led to a need for effective methods to evaluate and manage these risks. SMEs often adopt a reactive approach to risk management, which may not be sufficient to address the complex and evolving nature of knowledge risks. This study aims to use the grey-DEMATEL technique to evaluate operational knowledge risks in SMEs, with a focus on identifying the most critical risks and their potential causes and effects. The results revealed 11 operational knowledge risks, and found that outsourcing risks are the most critical among them. Communication risks and improper knowledge application were also found to be significant. Additionally, these risks were successfully categorised into effect risks (including relational risk, espionage, knowledge waste, and continuity risk) and causal risks (including knowledge waste, risks related to knowledge gaps, and the risk of using obsolete or unreliable knowledge). These categories provide a framework for understanding the potential causes and effects of operational knowledge risks and may be useful for designing risk management strategies. To the best of the authors’ knowledge, this is one of the first studies to use the grey-DEMATEL technique to evaluate operational knowledge risks in SMEs.

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Section: Methodsmentioning

confidence: 99%

Evaluation of Operational Knowledge Risks in SMEs – Using a Grey-Dematel Technique

Foli,

Durst,

Romero

2023

J. Info. Know. Mgmt.

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“…Furthermore, lack of technical knowledge and poor training and institutional actions are often significant. This highlights the need to develop awareness and commitment to the implementation of policies and guides at all levels of development planning (Lee et al, 2021;Cimellaro et al, 2010). Overall, there is a consistent pattern to research outcomes that point Disaster knowledge management to the inadequacy of holistic transition mechanisms that involve all stakeholder groups.…”

Section: Introductionmentioning

confidence: 94%

The role of disaster knowledge management in improving housing reconstruction outcomes: with particular reference to Postearthquake reconstruction in Pakistan

Shaikh

Brown

Enegbuma

2022

IJDRBE

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Purpose Rural building practices, especially in developing communities, are often plagued by inadequate local construction knowledge and a limited understanding of the best building practice guidelines. This has contributed significantly to compounding the effect of significant catastrophic events. The purpose of this paper is to examine the potential impact of disaster knowledge management (DKM) on improving housing resilience and makes particular reference to the 2005 earthquake in rural Pakistan. Design/methodology/approach Our research uses a comprehensive literature review that involves a qualitative approach to research aimed at understanding the 2005 earthquakes, their impacts, reconstruction challenges and DKM. Conventional published journals, articles, previous case studies and books were included. But importantly, to take in relevant local information, the review also took in published government reports, disaster mitigation policy documents, national and international NGOs publications, conference proceedings and news articles. More than 80 research papers and conference proceedings over 21 years, from 2001 to 2021, were analyzed in eight major online databases. These include Google Scholar, Science Direct, Research Gate, Scopus, Jstor, Springer, Emerald and Semantic Scholar. Findings The investigation identified that DKM has an important role to play in capacity building and technical knowledge transmission relating to seismic guidelines aimed at improving housing resilience. Consequently, a theoretical framework was developed, focused primarily on the post-2005 rural reconstruction mechanism and the identification of key challenges to disseminating seismic guidelines effectively in relation to rural construction practices. Originality/value This paper makes an original contribution by developing a DKM framework via the identification of key challenges that need to be addressed, in relation to rural construction practices, generally, but particularly in the Pakistan context.

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“…All organizations can be exposed to one or more knowledge risks, both private [17,40] and public [41]. SMEs are at particular risk, as they may experience greater difficulties in managing knowledge risks due to their lower capital endowments [42].…”

Section: Knowledge Risks: the State Of The Artmentioning

confidence: 99%

Relationship between Work-Life Balance and Job Performance Moderated by Knowledge Risks: Are Bank Employees Ready?

et al. 2022

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Despite the focus on knowledge risks in the literature, a limited number of studies have empirically examined technological knowledge risks in terms of digitalization, old technologies, and cybercrime as moderating variables in the relationship between work-life balance and job performance. To address this gap, this paper investigated the moderation effects of technological knowledge risks on the relationship between work-life balance and job performance during the pandemic period in employees of cooperative credit banks. A quantitative approach that involved gathering surveys was adopted. Applying PLS-SEM, the empirical findings revealed that technological knowledge risks have a significant impact on the relationship between work-life balance and job performance. Additionally, this research encourages managers to create and maintain a healthy work environment that promotes valuable employees’ job performance while also evaluating the use of new technological advances and their related risks.

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Knowledge Risk and its Mitigation: Practices and Cases

Cited by 6 publications

References 0 publications

Evaluation of Operational Knowledge Risks in SMEs – Using a Grey-Dematel Technique

Evaluation of Operational Knowledge Risks in SMEs – Using a Grey-Dematel Technique

The role of disaster knowledge management in improving housing reconstruction outcomes: with particular reference to Postearthquake reconstruction in Pakistan

Relationship between Work-Life Balance and Job Performance Moderated by Knowledge Risks: Are Bank Employees Ready?

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