Information mechanism, knowledge management and arrangement of corporate stratagem

  • Authors:
  • Zhengqing Tang;Jianping Li;Zetao Yan

  • Affiliations:
  • Guanghua School of Management, Peking University, Beijing, P. R. China;Institute of Policy & Management Science, Chinese Academy of Sciences, Beijing, P. R. China;Institute of Policy & Management Science, Chinese Academy of Sciences, Beijing, P. R. China

  • Venue:
  • CASDMKM'04 Proceedings of the 2004 Chinese academy of sciences conference on Data Mining and Knowledge Management
  • Year:
  • 2004

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Abstract

General application of information technology leads to modern corporate information mechanism. With this mechanism corporation can make full use of knowledge resource, improve managing efficiency and make corporate performance better. But on the other hand, competition among corporations also becomes more drastic under the unifying trend of global economy. This paper gives a brief view of some characteristics of knowledge and information. We show what constitutes corporate stratagem. In our analysis, corporate dominance comes from knowledge management and knowledge innovation. All of it involves collecting, processing, innovating and utilizing information and knowledge resource. To success, corporation must turn to knowledge management and knowledge innovation. From this point of view, we put forward two arrangements for corporation to win dominance in drastic market competition. The first is about practice of knowledge management in corporate activity. The other is strategic framework of corporate management and competition based on knowledge management.