Strategic Management Model with Lens of Knowledge Management and Competitive Intelligence: A Review Approach

Purpose:
First purpose of this study is to discuss the synergic and separate use of knowledge and
intelligence, via knowledge management and competitive intelligence, in each stage of strategic
management process. Second purpose is to discuss the implications of each stage of strategic
management process for knowledge management and competitive intelligence and vice versa.
Methodology/Design/Approach:
A systematic literature review was performed within timeframe of 2000 to 2016. Extracted
information from reviewed studies was synthesized and integrated in strategic management
model of Fred David.
Findings:
A strategic management model with lens of knowledge management and competitive
intelligence is proposed. Each stage of knowledge management process has implications for
knowledge management and competitive intelligence and vice versa. In addition, synergic and
separate use of knowledge and intelligence results in effective decision making leading to
competitive advantage.
Research Limitations:
Learning curve of knowledge management and competitive intelligence and being limited to use
of Fred David model are among key limitations.
Practical Implications:
Experts of knowledge management, competitive intelligence, and strategic management can use
this study to gain competitive advantage based on knowledge and information resources.
Organizations should have knowledge management function as well as competitive intelligence
to support the strategy formulation, implementation and evaluation.
Social Implications:
Readers can take a view that how they can manage their knowledge and information resources
from a strategic perspective?
Originality/Value:.
This study proposes a strategic management model with lens of knowledge management and
competitive intelligence. Model discusses the ways for synergic and separate use of knowledge
and intelligence in each stage of strategic management, leading to competitive advantage. In
addition it discusses the holistic and integrated implications of knowledge management and
competitive intelligence for each stage of strategic management process and vice versa