Dynamic Role of Knowledge Management in Pakistani Universities for Competitive Advantages
Keywords:Knowledge Management, Competitive Advantages, Principles, Pakistani Universities
Knowledge management is a relatively new branch of management sciences discussed by different researchers and experts. It offers opportunity for both organizational and individual advancement. The objectives of this paper were; to determine knowledge management principle use as a tool for competitive advantages in university of Pakistan, to find out what the approved supervisor thinks about era of knowledge management practices in Pakistani universities. In this descriptive study the population 4636 PhD faculty members from universities of Pakistan. Following multi-stage sampling techniques 465 PhD faculty members constituted the sample group. Data were collected through adapted Standardized Research Questionnaire. The collected data were analyzed through Descriptive analysis (Percentage) method was used to analyzed the data. The findings of this research reveal that in Pakistani universities, there is a dearth of understanding on how to use the knowledge management principle to obtain a competitive advantage. Respondents were aware of the benefits of knowledge management principles in higher education. Furthermore, knowledge management has never been widely used in Pakistani educational institutions as a means of gaining a competitive advantage. It was recommended that Ministry of Federal Education and Training, and universities of Pakistan have to design and integrate strategic plan for use of knowledge management principles for competitive advantages.