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KNOWLEDGE MANAGEMENT PRACTICES IN CORPORATE FINANCIAL ORGANISATIONS: A CASE STUDY OF A NIGERIAN BANK. A study submitted in partial fulfilment of the requirements for the degree of Master of Science in Information Systems Management at THE UNIVERSITY OF SHEFFIELD by OLADEPO OLADAPO TOLULOPE September, 2008

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Page 1: KNOWLEDGE MANAGEMENT PRACTICES IN FINANCIAL ORGANISATIONS: A CASE STUDY …dagda.shef.ac.uk/dispub/dissertations/2007-08/External/... · 2010-05-06 · knowledge management practices

KNOWLEDGE MANAGEMENT PRACTICES IN

CORPORATE FINANCIAL ORGANISATIONS: A CASE

STUDY OF A NIGERIAN BANK.

A study submitted in partial fulfilment of the requirements for the degree

of Master of Science in Information Systems Management

at

THE UNIVERSITY OF SHEFFIELD

by

OLADEPO OLADAPO TOLULOPE

September, 2008

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ACKNOWLEDGEMENT First, I would like to give thanks to Almighty God, the creator of Heaven and Earth

who made it possible for me to be in the position of recognizing people today. I thank

you for Life.

In the process of writing this dissertation, I received a lot of advice from my family,

friends and lecturers. I would want to thank them for their kind suggestions and time

they have dedicated to make my work a success.

I am thanking the Staff Members of the Department of Information Studies who have

made immense contributions to my dissertation especially my supervisor, Dr. Barry

Eaglestone for his professional counsel, guidance, encouragement and criticism. His

excellent support is well appreciated.

A lot of friends and classmates have taken part in my study, particularly Kasup De

Silva, Folake Fapohunda, Olatunde Anjorin, Toye Fasidi, Abioye Dada, Taiwo and

Kehinde Ogundein who gave me support in my work.

To my parents Professor and Mrs. O. Oladepo who altered words of encouragement

when I was discouraged. May the good Lord continue to bless you, love you both.

I would also give thanks to the employees of the bank used as my case study who

took part of the survey for their patience and support. If not for them, the completion

of this dissertation would not have been possible.

I would say a big thank- you to everyone who had contributed directly or in-directly

to my dissertation.

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ABSTRACT Knowledge is a wide and conceptual idea that is clear which has been known to exist

since the 1600’s (Esanu, M.J and Uhlir F.P, 2003). In this present age, Knowledge

has now been identified by organisations to be treated as a very important

organisational resource. Although there has been a lot of literature on the practice of

knowledge management in organisations, no research has been done on the

knowledge management practices in the Nigerian banking sector. This could be as a

result of Nigerian banks being sceptical about giving information in relation to the

methods or ways of their knowledge sharing practices. In this descriptive case study,

knowledge management practices on corporate financial organisations performance of

a Nigerian bank operating in the United Kingdom was explored with a spotlight on its

relative significance and use in its functions.

The methodology adapted was divided into two segments – qualitative which was the

use of a set of questionnaire and qualitative which involved the use of interviews to

get the opinions of staffs on the topic. Quantitative analysis was done using SPSS

software and the qualitative by theme generation from responses.

The main findings show the existence of intellectual human capital in the bank given

the large crop of young highly educated staff. The organisation creates and enables

learning and sharing environment, uses knowledge from external environment for

strategic decision making, uses technology to connect staffs with information and

ensures internal knowledge sharing between all levels of the organisation. However

low trust among staffs and perceived feeling of insufficiency of shared knowledge in

the organisation were critical factors that hinder effective knowledge management

practices. Recommendations in respect of staff training on organisational trust,

innovative knowledge acquisition strategies, and policy review regarding timely

response to concerns from the bank’s external environment were made.

Overall, it could be deduced that Knowledge management is facilitated by the

utilization and development of the knowledge assets present in the bank.

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TABLE OF CONTENTS

CHAPTER 1 ............................................................................................................................. 5

1.1 Introduction and Background to the study .................................................................. 5

1.2 Justification for the study ........................................................................................... 7

1.3 Purpose of Study ........................................................................................................ 9

1.4 Research questions .................................................................................................... 9

1.5 Research Objectives ................................................................................................. 10

1.6 Scope of Research ................................................................................................... 11

1.7 Limitation ................................................................................................................ 11

1.8 Dissertation Structure .............................................................................................. 11

CHAPTER 2 ........................................................................................................................... 13

2.1 LITERATURE REVIEW ........................................................................................ 13

2.2 What is Knowledge? ................................................................................................ 14

2.3 The features of Knowledge ...................................................................................... 15

2.4 Tacit Knowledge and explicit knowledge ................................................................. 17

2.5 Knowledge Asset .................................................................................................... 19

2.6 Differences between knowledge and Information ..................................................... 20

2.7 Knowledge Management ......................................................................................... 24

2.7.1. Organisational Culture .................................................................................... 24

2.7.2 Organisational Leadership ................................................................................ 25

2.8 The importance of Knowledge management ............................................................ 30

2.9 The growth of knowledge management ................................................................... 32

2.10 Knowledge sharing as a component of Knowledge Management .......................... 34

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2.11 Knowledge sharing component of Knowledge Management .................................... 35

2.12 Knowledge sharing in Financial Organisations ..................................................... 37

2.13 Barriers to sharing knowledge in financial organisations ...................................... 40

2.14 The Banking Sector in Nigeria ..................................................................................... 44

CHAPTER 3 ........................................................................................................................... 48

3.1 METHODOLOGY ........................................................................................................ 48

3.2 Restatement of the research question ............................................................................. 48

3.3 Research Design ............................................................................................................ 49

3.4 Methodology implemented ............................................................................................ 49

3.5 Sample Size and Procedure ............................................................................................ 50

3.6 Data Management and analysis ...................................................................................... 51

3.7 Methodology summary .................................................................................................. 52

CHAPTER 4 ........................................................................................................................... 53

4.1 RESULTS AND DISCSUSSION .................................................................................. 53

SECTION A: Demographic Characteristics of Respondents ............................................. 54

SECTION B: Organisational Culture and Leadership Style .............................................. 59

SECTION C: The Organisational internal Working Environment and Communication .... 60

SECTION D: Acquisition and management of New Knowledge in the organisation ......... 64

SECTION E: Organisational factors promoting and hindering Knowledge Sharing ......... 69

SECTION F: Discussion of Findings ............................................................................... 74

CHAPTER 5 ........................................................................................................................... 79

5.1 Conclusions and Recommendations ............................................................................... 79

5.2 Recommendations for further research ........................................................................... 81

REFERENCES ..................................................................................................................... 83

APPENDIX ............................................................................................................................ 95

Questionnaire ...................................................................................................................... 96

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Interview Questions .......................................................................................................... 104

CHAPTER 1 ........................................................................................................................................... 3

1.1Introduction and Background to the study ....................................................................................... 3

1.2 Justification for the study ............................................................................................................... 5

1.3 Purpose of Study ........................................................................................................................... 6

1.4 Research questions ........................................................................................................................ 7

1.5 Research Objectives ...................................................................................................................... 7

1.6 Scope of Research ......................................................................................................................... 8

1.7 Limitation ..................................................................................................................................... 8

1.8 Dissertation Structure .................................................................................................................... 8

CHAPTER 2 ......................................................................................................................................... 10

2.1 LITERATURE REVIEW ............................................................................................................ 10

2.2 What is Knowledge? .................................................................................................................... 11

2.3 The features of Knowledge .......................................................................................................... 12

2.4 Tacit Knowledge and explicit knowledge ..................................................................................... 13

2.5 Knowledge Asset......................................................................................................................... 14

2.6 Differences between knowledge and Information ......................................................................... 16

2.7 Knowledge Management ............................................................................................................. 19

2.7.1. Organisational Culture ......................................................................................................... 19

2.7.2 Leadership within Organisation ............................................................................................. 20

2.8 The importance of Knowledge management ................................................................................ 24

2.9 The growth of knowledge management........................................................................................ 26

2.10 Knowledge sharing as a component of Knowledge Management ................................................ 28

2.11 Knowledge sharing component of Knowledge Management ...................................................... 29

2.12 Knowledge sharing in Financial Organisations ........................................................................... 30

2.13 Barriers to sharing knowledge in financial organisations ............................................................ 33

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2.14 The Banking Sector in Nigeria ................................................................................................... 37

CHAPTER 3 ......................................................................................................................................... 39

3.1 METHODOLOGY ...................................................................................................................... 39

3.2 Restatement of the research question ........................................................................................... 40

3.3 Research Design .......................................................................................................................... 40

3.4 Methodology implemented .......................................................................................................... 41

3.5 Sample Size and Procedure .......................................................................................................... 41

3.6 Data Management and analysis .................................................................................................... 43

3.7 Methodology summary ................................................................................................................ 43

CHAPTER 4 ......................................................................................................................................... 44

4.1 RESULTS AND DISCSUSSION ................................................................................................ 44

SECTION A: Demographic Characteristics of Respondents ........................................................... 44

SECTION B: Organisational Culture and Leadership Style ............................................................ 48

SECTION C: The Organisational internal Working Environment and Communication .................. 49

SECTION D: Acquisition and management of New Knowledge in the organisation ....................... 53

SECTION E: Organisational factors promoting and hindering Knowledge Sharing ....................... 56

SECTION F: Discussion of Findings ............................................................................................. 60

CHAPTER 5 ......................................................................................................................................... 65

5.1 Conclusions and Recommendations ............................................................................................. 65

5.2 Recommendations for further research ......................................................................................... 66

REFERENCES ..................................................................................................................................... 67

APPENDIX .......................................................................................................................................... 78

Questionnaire .................................................................................................................................... 79

INTERVIEW QUESTIONS .............................................................................................................. 85

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CHAPTER 1

1.1 Introduction and Background to the study

Business community and many other types of organizations have been showing real

interest and enthusiasm for knowledge management as revealed by the increasing

number of publications, library repositories and information press. Many types of

organisations have also developed an interest for KM. For example, a survey conducted

in 1997 showed that of the 200 large US firms, 80, 80% of the corporations had

knowledge initiatives (France Bouthillier and Kathleen Shearer, 2002).

The important role of knowledge in emerging competitive environment where

organisations can succeed or fail depending on their ability to effectively use and

manage their knowledge capital of data, information and knowledge has gained

increased recognition (Denisi et. al, 2003).

Knowledge as a strategic asset has been acclaimed as a way whereby organisations

ensure competitive advantage over others that is achieved through a variety of

knowledge management programs which explicitly and proactively harness and exploit

the intellectual resources of organizations (Boisot, 1999). Realising that knowledge

management is a dominant and economic source for today’s innovative enterprise;

many organisations struggle to ensure superior knowledge audition and its strategic

management for competitive advantage (Storehouse and Lumberton, 1999). The

competition among organisations at the international level emphasizing product and

service quality, responsiveness diversity and customization is increasing rapidly making

knowledge an important asset in modern enterprise (Denisi et. al, 2003). Given this

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situation financial institutions should strive to have competitive advantage guarantees

over other banks.

Knowledge provides a unique opportunity to create a sustainable or renewable

advantage by identifying strategically valuable areas where the organization's knowledge

leads the competition, and by investing time, effort and resources to continually built

that knowledge and to seek complementary knowledge, the organisation will be able to

maintain its knowledge superiority (Zack, 1999).. However, despite the potential

strategic advantage from acquiring and applying knowledge which has been evident in

public establishments, it appears that private organizations especially the financial

establishments are lagging behind (Sabri, 2005).

It has been reported that it is only recently that organizations are beginning to realize

that explicit knowledge is not enough to become a leader in a competitive environment

but that the vast majority of knowledge in organizations is tacit knowledge which is hard

to articulate but is held in peoples' heads, and that knowledge has t be created and shared

via direct person-to-person interactions, and shared experience (Nonaka et. al, 2000;

Zack, 1999). The situation of knowledge management in private financial organisations

is still relatively unknown and under researched.

Furthermore, previous research has found that differences in the practices between

private companies and the public sector knowledge management exists (Bouthillier and

Shearer, 2002). Private sector organizations use knowledge management to facilitate the

internal knowledge sharing process, while public sector organizations seek to share

knowledge, acquired either internally or externally, with their external partners or with

the general public (Bouthillier and Shearer, 2002). These differences need to be further

ascertained especially within financial organisations such as banks.

Several recent knowledge management surveys and research projects suggest that most

companies do not put KM as part of their business strategy or as a measure of its success

(Jennex and Olfman, 2006). Despite acknowledging the strategy, many organizations

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most frequently conceive knowledge management as an operational issue addressed by

information technology with online repositories of data representing the primary

approach to managing and sharing explicit or codified knowledge (Borghoff, 1997). The

current situation on this assumption is yet to be revealed through research.

At present, the Nigerian banking sector seems to be a poorly understood sector regarding

the use of knowledge management (Boyd et. al, 2001). The poor level of knowledge

management is postulated to have been responsible for the collapse of many Nigerian

banks. According to Triba (2004), the collapse of many Nigerian banks three years ago,

due to their inability to meet the required capitalisation mandated by the central bank of

Nigeria, caused a lot of Nigerian banks no option than to merge or be acquired and this

might have resulted from poor knowledge management. The central argument is that the

key strategic resource is knowledge which goes beyond systems thinking and that

financial organisations are not acquiring knowledge beyond the customers banking

datasets, and therefore are not strategically positioned to competitively lead other banks.

To remain competitive, organizations need to benchmark their learning capability as

well as their knowledge (Rulke et. al., 2000). This can be done by either aligning its

strategy with its existing knowledge resources and learning capabilities or initiate

knowledge management and learning programs to enhance those resources and

capabilities sufficiently to support its strategy (Anumba and Carrillo, 2002). This study

explores the issues related to inputs and processes of knowledge acquisition and sharing

including the factors that hinder these processes in a financial institution.

1.2 Justification for the study

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While knowledge management has been recognised as a single most significant source

of competence (Parallax and Hormel, 1990), it is important to recognise the process

between knowledge creation and application on the one hand, and knowledge sharing

and reuse on the other. This distinction which has led organizations to supplement their

information technology with new organizational forms and cultures that promote

interaction and collaboration is yet to be adequately explored through research in the

banking sector. In the context of this study, the way in which the Nigerian banks in the

United Kingdom perceive, acquire and use knowledge management for productive

opportunity and competitive advantage is unclear. This is important because by aligning

and integrating technological and organizational capabilities, financial organisations like

banks can become well positioned to create, share and apply knowledge. Obtaining such

information through research study of this nature will add value by showing where there

are knowledge gaps in the organisation and how the gaps could be effectively addressed

or filled thereby improving corporate efficiency and assets. Thus, it is important to know

how the banking organisations view their experiences in the marketplace and their move

from focusing on data to information and to knowledge.

Furthermore, while a number of KM initiatives have been identified in some studies,

identifying processes and specific activities involved in these initiatives especially in the

banking sector are needed to give a better understanding of KM in this financial sector

(Storey and Barnett, 2000).

This would enable identification of organisations, areas of intellectual strength and

weakness relative to their current strategy and competitive position so that the results

can be used to focus their efforts on improving their strategically important knowledge.

The second is to create a process for continual learning which may require research

(Zack, 1999). My present study is in this direction geared towards understanding the

process of knowledge generation and sharing, as well as barriers to knowledge sharing.

Thus, the data collected through my study could be used by the organisation in

generating policy discussions and modifications that might have long term impact on

their overall business decisions and programmes.

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Finally, there are few organizational initiatives that have been well documented as KM

projects and organizations practicing KM are not prone to document and share their

experiences (Storey and Barnett, 2000). This study will ensure that this is done and the

product outcome shared with the organisation thus ensuring the beginning of such

documentation in the organisation which it could adopt and repeat annually to produce

trends in KM practice.

1.3 Purpose of Study

Motivated by the lack of research into knowledge management in Nigerian banks, the

purpose of this study is to investigate knowledge management practices on corporate

financial organisations performance of a Nigerian bank operating in the United Kingdom

with a focus on its relative importance and use in its operations. This will enable me gain

insight into how the banking sector is practicing the management of knowledge and the

internal environment that drives the process. In order to protect the bank researched on,

the name of the bank would not be mentioned and therefore the bank would be referred

to as bank “X”.

In particular, the study goal is to determine Knowledge management practice and its

possible impact on the growth of Nigerian financial organisations in the United

Kingdom with a targeted focus on Bank “X”.

1.4 Research questions

Following the above lack of understanding of the role of knowledge management within

the UK Nigerian Bank sector, this research is designed to address the following

fundamental issues:

What is the current organisational culture and leadership style in bank X?

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How does the bank increase the knowledge assets of its workers and systems?

What indicates to the bank that existing knowledge is outdated and needs to be

discarded or upgraded?

What factors hinder the banks acquisition of knowledge management for productive

opportunity and competitive advantage?

1.5 Research Objectives

The specific objectives of this study are:

- To apply relevant theory to the understanding of knowledge management in the

banking sector with particular reference to Nigerian Banks and comparable

nations.

- To document the current organisational culture and leadership in the selected

bank

- To document the organisational internal environment, it effects communication

for knowledge management.

- To assess how the bank acquires new knowledge for it staffs and the organisation

to gain competitive advantage.

- To assess the process by which new information and knowledge are shared and

managed within the organisation.

- To identify the barriers that hinder knowledge management practice in the

selected financial organisation.

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1.6 Scope of Research

This research focuses on the significance of knowledge management in a Nigerian bank,

looking at how it is acquired and used to increase competitive advantage over their

competitors. It would also look at the challenges currently experienced and barriers that

might hinder knowledge management within the bank employing quantitative and

qualitative methods of data gathering

1.7 Limitation

In light of financial constraint, the data was collected from one Nigerian Bank. This case

study approach used is a universally acceptable research design (Bregen and While 2000)

and did not affect the quality of the information generated as the results was not totally

generalised to all Nigerian banks. Efforts were made to ensure adequate data collection.

1.8 Dissertation Structure

This section provides a sketch of what is to be expected in the dissertation and it is also

presented to give the reader an idea of how the research is fashioned.

Chapter 1: Introduction

This chapter provides an in-depth view of the topic to be researched on throughout the

dissertation. It includes the purpose of the study, the background, the scope, aims,

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objectives, research questions, limitation and finally; the way the research is being

structured.

Chapter 2: Literature review

In the literature review, the reader would be introduced to the main themes, ideas and

other views treated. Emphasis is laid on this chapter because it introduces ideas from

various authors, making the reader understand the difference between ideas and views

which is the main background to this research.

Chapter 3: Research Methodology

In this chapter, a methodological basis of the research would be presented which would

include the qualitative and quantitative research.

Chapter 4: Analysis, Results and Discussion

In this chapter the analysis, presentation and discussion of the results would be done

Chapter 5: Conclusion

The last chapter goes over the results and answers that were presented in the previous

chapter and looks into other areas for further research.

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CHAPTER 2

2.1 LITERATURE REVIEW

In this chapter, related literature is reviewed to show some critical points on knowledge

management. In this regard, it would be viewed from the organisational perspective.

The structure of this chapter would be presented below:

It starts with what knowledge is, looking at it from an organisational perspective. It

follows with the features of knowledge together with the types, and then knowledge

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asset is also looked into. The difference between Knowledge and Information would be

taken into consideration and then, Knowledge management would be introduced

following the organisation culture and leadership as knowledge management practice.

The importance knowledge management and its growth would also be highlighted.

Furthermore, emphasis would be made of knowledge sharing, the importance of

knowledge sharing, knowledge sharing in financial organisations, the barriers to

knowledge sharing in financial organisations. It finally looks at the Nigerian banking

sector.

The first scholar to be acknowledged in relation to the recognition of the role of

knowledge in business organisations, approached knowledge in a social learning manner

which states:

“The increase in knowledge not only causes the productive opportunity of a firm to

change in ways unrelated to changes in the environment, but also contributes to the

uniqueness of the opportunity of each individual firm” (Penrose, 1959).

2.2 What is Knowledge?

Before discussing Knowledge management (KM) within the context of financial

organisations, a necessary preliminary is to discuss first the concept of knowledge within

the organisational context, differentiate information from knowledge, and describe the

importance of knowledge in financial organisations. This will then be followed by

describing and differentiating information management from knowledge management,

the importance of knowledge management and sharing information as a major attribute

of knowledge management.

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Although most executives and managers today embrace the notion of knowledge as a

strategic asset, defining knowledge has presented a challenge to many business

organisations because unlike information that can be made tangible and represented as

objects outside of the human mind. Knowledge is hard to pin down because it is an

intangible resource that exists within the mind of the individual (Sveiby, 1997). The

most widely used definition of Knowledge is that knowledge is a well reasonable, true

belief while Ingwerson (1992); Nonaka, (1994) further enlarged this definition stating

that knowledge is a person’s understanding of a particular thing following all that

evolves around it which includes recognition, thinking, emotional and spontaneous

activities. Wig (1999) also defined knowledge as a set of truths and beliefs, perspectives

and concepts, judgments and expectations, methodologies and know-how. Knowledge

has also been known to be the power of individuals since the early 1600’s (Esanu, M.J

and Uhlir F.P, 2003).According to Ahmed et. al. (2002) knowledge is the merging of an

individual’s experience, skills, instinct, ideas, perception, context, drive and

interpretation. The author posits that the initiative behind knowledge creation is similar

to learning because a learner who can be an individual or an organisation will undertake

learning if there is an ability to retain stable learning behaviour (Yolles, 2000).

According to Alavi (1999) Knowledge is the justification of personal belief that

increases an individual’s capacity to take an effective action and could also be seen as a

shared collection of principles, facts, skills and rules.

2.3 The features of Knowledge

The following classifications have been articulated in Knowledge management

Literature.

Knowledge cannot be straightforwardly stored (Gopal and Gagnon, 1995) but it is

something that resides in people’s minds to some extent than computers (Quintas et. al.,

1997). Knowledge is usually not coded, audited for employees, inventoried and staked in

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a storehouse for employees to use whenever it is needed. It is usually scattered in messy

and east to lose (Galagan, 1997). Knowledge is multi-dimensional (Chapman and

Dunstan, 1990). According to Allee (1997), knowledge can be seen to have twelve

qualities: knowledge is disordered, it is self organising; it seeks community; it travels on

language; it is slippery; it likes looseness; it experiments; it does not grow forever; it is a

social phenomenon; it involves organically; it is multi-modal and multi-dimensional.

In order to build up ways in which the flow of data can be used, one must engage in the

development of effective ways to make input and access to information easy and class

the useful from the useless (Mayo, 1998; Schaefer, 1998). The human mind is

responsible for the transformation of information to knowledge this is because

information has a tiny value and would not become knowledge until it is processed by

the human mind (Ash, 1998). Knowledge involves the creation, processing and the use

of the information by the mind of a person (Kirchner, 1997).

Although information and knowledge are not the same, information is a vital part in

knowledge (Martensson, 2000). An illustration showing what knowledge consists of is

shown below:

Knowledge = information + [experience, context and interpretation, reflection and

perspective] (Deavenport et. al, 1998; Kirchner, 1997; Frappaolo, 1997).

From this it could be said that knowledge is as a result of instinctive processing followed

by the inflow of new stimuli. In line with this observation, information switches to

knowledge once it is processed in the mind of individuals.

Knowing what knowledge constitutes, it would be worthy to distinguish between tactic

and explicit knowledge the types of knowledge.

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2.4 Tacit Knowledge and explicit knowledge

There are various terms that are used in describing types of knowledge but the two most

familiar are the tacit knowledge and the explicit knowledge. Tacit knowledge is defined

as action-based and considered to be the fundamental type of knowledge on which

organisational knowledge is built (Bouthillier and Shearer, 2002; Choo 1998).

According to Oakes (2003) the tacit knowledge is said to be hidden and cannot be easily

expressed in papers and hard to share with people. It dwells in the human mind,

behaviour and perception (Duffy, 2000). It is a kind of knowledge the person in

possession of it gains overtime from experiences and exposures which include insights

and the sensation of the way things are done. Individuals gain tactic knowledge from the

time they have spent on a particular responsibility in an organisation. In the case of new

intakes into an organisation, tacit knowledge would take time to acquire. It was argued

by Maceviciute and Wilson (2005) that the major goal of knowledge management is

tactic knowledge which could be linked to the organisation’s culture that merges the

individual views, values and shared mindsets. Also Michael Zack (1999) pointed out

that knowledge management goes a long way in impacting on elements which are:

systems, structure, strategy and culture of the capital of the organisation.

On the other hand, explicit knowledge is defined as knowledge that can be codified and

therefore more easily communicated and shared (Boutherillier and Shearer (2002). It is

explicit knowledge that can be referred to things an individual knows and be easily

written down; a documented and public; structured and fixed content , eternalised and

conscious (Dufy,2000). Here learning is done by observing, reading or discussing. It is

usually described in a formal language, print or electronic media which is often based on

established work process (Smith, 2001). This knowledge is driven by information

technology. The distinction between tactic and explicit knowledge has been articulated

by Zack, 1999). The author stated that the vast majority of knowledge in organizations

is tacit, hard-to-articulate, and held in peoples' heads, created and shared via direct

person-to-person interaction, story-telling, and shared experience. While explicit

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knowledge is more easily managed and shared, tacit knowledge potentially has more

strategic value, being derived from particular circumstances and events and thus unique

and hard to imitate. In the framework developed by Professor Ikujiro Nonaka quoted by

Zack (1999), tacit knowledge is made explicit so that it may be shared with others in the

organization who then internalizes it as tacit knowledge by reusing it in a new context.

This interplay between tacit and explicit knowledge has provided a balance between

knowledge creation and application on the one hand, and knowledge sharing and reuse

on the other and this distinction has led organizations to supplement their information

technology with new organizational forms and cultures that promote interaction and

collaboration. By aligning and integrating technological and organizational capabilities,

these firms become well positioned to create, share and apply both explicit and tacit

knowledge.

Thus from the reviewed literature, the distinction between explicit and tacit knowledge

could be referred to as a theoretical dimension to the organisational knowledge creation

(Nonaka, 1994). It clinches to a continual discussion between explicit and tactic

knowledge which leads to the creation of new ideas (Nonaka, 1994).Although it is

known that the formation of ideas are done in people’s mind the communication

between individuals plays a vital role in the development of the ideas which simply

means that interaction within a group contributes to the strengthening and development

of new knowledge (Kusunoki, 1998). This group might be departments within the

organisation but the most important point is that it characterizes a further breadth to

knowledge creation which is linked to the level of social interaction between individuals

that share and develop knowledge. This could be referred to as the ontological

dimension of knowledge creation (Nonaka, 1994). While tactic and explicit knowledge

are differentiated with conceptual clarity, it is important that they relate to intellectual

asset in an organisation.

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2.5 Knowledge Asset

According to Green (2006), Knowledge asset involves obtaining knowledge from

different sources and experiences. It involves the recognition of products, markets and

technologies an organisation needs in order to make it have competitive advantage in

terms of profits (Camarinhah- matos et. al. 2000). In the valuation of knowledge, gaining

an elementary understanding of the operational knowledge assets drives organisational

performance (Green, 2006).Furthermore, Prusak (1996) highlighted the importance of

Knowledge as an asset in organisations having stated that the only thing that gives an

organisation a competitive edge was that it is what it knows, how it uses what it knows

and how fast it can learn something new.

It is perceived that most knowledge management practitioners usually assume that

knowledge is a modern organisation’s most important resource, the resource not easily

replicated by competitors; therefore it has a way it stands out having an edge over others

(Davenport and Pursak, 1998). Davepenport and Pruask (1998) also stated that all

healthy organisations generate and use knowledge; and as organizations interact with

their environments, they absorb information, turn it into knowledge and take action

based on it in combination with their experiences, values and internal rules. Without

knowledge, an organization could not organize itself and would be unable to maintain

itself as a functioning enterprise. Biosot (1999) reported that Knowledge offers

potentially one of the most sustainable advantages stressing that Knowledge - especially

the tacit, context-specific knowledge embedded in complex business activities and

processes and developed from experience - is unique and very difficult to imitate. Since

such knowledge cannot be purchased in the market in a ready-made form, competitors

must develop it through similar experiences over time as investing funds cannot

accelerate learning. In this context, the company that knows more than its competitors

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has an opportunity to stay in the lead as long as it continues to learn more about those

things that support its competitive position.

It could be deduced from the cited literature that knowledge provides a unique

opportunity to create a sustainable or renewable advantage through the identification of

strategically valuable areas where the organization's knowledge leads the competition,

and by investing time, effort and resources to continually build that knowledge and to

seek complementary knowledge.

Following the relevant literature on knowledge asset, it would be of great benefit to

highlight the features of knowledge .or difference between knowledge and information.

2.6 Differences between knowledge and Information

In recent years, knowledge has become a vital quality in modern enterprise due to

increasing global competition in which product and service qualities are of major

importance (Alvi and Leider, 2001). On the other hand, information has been defined as

facts and data organised to characterise a particular situation (Wig 1999). This

definition is further confirmed by Mitchell (2000) who stated that information is data

made meaningful by being put into a context. Organizations seek for and assess

information in order to make vital decisions. In theory, this choice is to be made

logically, based upon complete information about the organization's goals, practicable

options, and probable outcomes of these options and the values of these outcomes in the

development of the organization (Choo, 1996).

Although information and knowledge are often interchangeably used, it should be noted

that there is an obvious distinction between information and knowledge. This is seen in

the works of Machlup (1983) where he stated that information was a flow of messages

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or meanings which might be added to, reorganize or change knowledge. Also, in the

words of Dretske (1993) some definitions could be found. These definitions stated that:

“Information is that commodity capable of yielding knowledge and what information a

signal carries is what we can learn from it” (Dretske, 1981, pp 44).

Knowledge is identified with information produced (or sustained) belief, but the

information received by a person has a relation to what the person already knows about

the possibilities of the source” (Nonaka, 1994). Knowledge is data made meaningful

through a set of beliefs about the causal relationships between actions and their probable

consequences, gained through either inference or experience (Mitchell, 2000).

Knowledge therefore differs from information in that it is predictive and can be used to

guide action while information merely is data in context. From the above it could be

deduced that information is a flow of messages while knowledge is created then

organised by the very flow of information hooked by the compulsion of its holder.

Business literature has further tried to clarify the confusion between knowledge,

information and data. Davenport and Pursak, (1998) suggested that Knowledge should

not be seen as data or information because they are closely related to an extent. This is

simply because they are usually discussed in the same situation. The clarification

become necessary in light of the confusion over the use of these terms which has

resulted in massive expenditures on technology initiatives that rarely distribute what the

firms spending the money needed or thought they were getting. Frequently firms do not

understand what they really need until they devote greatly in a system that fall short of

their expectation (Schank, 2001; Davenport and Pursak, 1998).

The table below also provides a snapshot of other definitions that differentiate data from

information and knowledge.

TABLE 1 Source: Stenmark (2000)

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Author(s) Data Information Knowledge

Wigg, (1993) - Facts organised to

describe a situation

or condition.

Truths and beliefs,

perspectives and

concepts,

judgements and

expectations,

methodologies and

know how.

Nonaka and

Takeuchi (1995)

- A flow of

meaningful

messages

Commitments and

beliefs created

from these

messages

Spek and Spijkervet

(1997)

Not yet

interpreted

symbols

Data with meaning The ability to acing

meaning

Davenport (1997) Simple

observations

Data with

relevance and

purpose

Valuable

information from

the

human mind

Davenport and

Prusak (1998)

A set of discrete

facts

A message meant

to change the

receivers

perception

Experiences,

values, insights,

and contextual

information

Quigley and Debons

(1999)

Text that does not

answer questions

to a particular

problem

The texts that

answers who,

when, what, or

where

The text that

answers why and

how

Choo et al.(2000) Facts and

messages

Data vested with

meaning

Justified, true

beliefs

Formatted: Left

Formatted Table

Formatted: Left

Formatted: Left

Formatted: Left

Formatted: Left

Formatted: Left

Formatted: Left

Formatted: Left

Formatted: Font: Not Italic

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Despite the differences in definitions, the concepts have a correlation in the sense that

information could be referred to as data that is meaningful to the originator (Davenport

and Pursak, 1998).

To further the understanding of the relationship between the three entities, a

diagrammatic presentation below illustrates the correlation between them.

Source: Stenmark (2000)

Fig 1

Thus from the table of definitions and relationships above, it could be seen that

knowledge is made up of Information given textually and the understanding of that

information.

An argument was brought up by Tuomi (1999) stating that the believed hierarchy from

data to knowledge was actually the opposite, stating that knowledge must exist before

information could be put together and before data could be considered from information

meaning that there is no such thing as raw data and the little piece of data has already

been influenced by knowledge process that has led to its identification.

DATA

INFORMATION

KNOWLEDGE

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In contrast to this, knowledge does not exist without a knower; it is fashioned by ones

needs together with the preliminary stock of knowledge (Fahey and Prusak, 1998;

Tutomi, 1999).

After going through the series of definitions stated above, the working definition of this

study would be that knowledge is a justified belief that increases an entities capacity and

effective action (Huber, 1991: Nonaka, 1994).

2.7 Knowledge Management

Before describing knowledge management, it is important here to describe

organisational culture and leadership since both are related to the type of KM practices

in an organisation.

2.7.1. Organisational Culture

Organisational culture has an important role in organisational behaviour which in other

words means that the culture of an organisation has a direct impact on the behaviour of

people in the organisation (Barely, Meyer and Gash 1988; O’Reilly, 1989; Smircich,

1983).

There has been a lot of definitions of organisational culture but there is a common

meaning they suggest which states that they join together the members of the

organisation based on the shared pattern that encompasses basic values, beliefs and

assumptions in an organisation (Rose,2008).

Formatted: Normal

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Various forms of organisational cultures have been proposed by some researchers as

Goffee and Jones (1998) who recognized four types of organisational cultures which

includes networked, mercenary, fragmented and communal while Martin (1992)

identified organisational culture from three different views which is integration,

differentiation and fragmentation. For the purpose of this study, Goffe and Jones view

would be adapted. A high degree of organisation performance is interconnected with an

organisation which possesses a strong culture with a well incorporated set of values,

beliefs and behaviours (Cameron and Quinn, 1999). As mentioned by Schulz (2001), an

organisation could be said to be high performing if it the culture present in the

organisation gives the employees the responsibility needed to meet customer needs on

time thereby ensuring success in business.

According to Stevens (2000), an organisation could be referred to as high performing if

it possesses the following which includes: high productivity or outputs; sustained and

increasing market share, greater profitability or shareholder value, innovation and

having a different service from that off its competitors in the same sector. High

performance could be continuous if only the culture could adapt to new changes that

might be as a result of the environment. Also it should be noted that cultural strength is

linked to short term financial performance, this is because Schneider (1990) stated that

focused cultures provides a better financial returns (high return on Investments, high

return on assets and high return of equity). All this is made possible if the organisation

operates under the perfect leadership style.

2.7.2 Organisational2.7.2 Organisational Leadership

From the definition of leadership, it is obvious that it is able to influence a group of

people towards the achievement of a particular goal (Lussier, 1990). It could also be

deduced that a leader has a lot of responsibilities in achieving this. In doing this, a

leader must be able to trust his employees by giving them lack of restrictions to be able

make their own decision. Employees can be guided by their leaders when they tend to

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go astray which could be achieved by proper communication (Robbins and Coulter,

2001; Lussier, 1990).

Leadership plays an important role on organisational performance (Avolio and Bass,

1993) as they are required to create visions for the future and also to carry the

organisational members along by influencing and inspiring them in order to make them

achieve the dream (Rahman, 2000).

Overall, literature on the relationship between culture and performance and between

leadership and performance has shown that organisational culture and leadership are

intertwined together suggesting that the relationship between the two concepts

represents an ongoing interplay in which the leader shapes the culture and is in turn

shaped by the existing culture. Thus according to Schulz (2001), a high performance

firm is one in which the culture provides employees with the accountability and

responsibility necessary to meet customer needs in a timely manner to ensure business

success. A high performance company is characterized largely by the following: high

outputs or productivity, sustained and increasing market share, greater profitability or

shareholder value, innovation, and differentiation of service from that of its competitors

in its sector in one way or another (Stevens, 2000). The same is expected of the practice

of KM. Having explained the relationship between organisation and management, it

would be worthy to describe Knowledge management in depth since most frequently

asked questions arise around this area.

In this section, the definition of information management (IM) as different from

knowledge management (KM) will be given including the similarities and differences

followed by a description of its importance, growth and role in organisations.

Although there has been a strong interest in KM in the business community, its

distinction from IM is far from being well articulated in literature. While some see KM

as an emerging discipline, Goulay, 2000 and Beckman, 1999), others such as Wilson and

Streatfield (1999) as quoted by (Bouthillier and Shearer, 2002) claim that firms and

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information professionals have been practicing for years KM-related activities. This

controversy notwithstanding the distinction between the two has emerged in business

literature.

Davis (1997) defined Information management (IM) as “the process in which relevant

information are provided to decision makers in a timely manner”. The material form in

which this information occurs includes book, journals, and databases. Practitioners

select, describe, classify, index, and abstract this information to make it more accessible

to a target audience, either within or outside their organization. In a development

context, IM is concerned to provide transparent and standardized access to information

both within and outside the organization.

On the other hand, Zack, (1999) defined Knowledge management (KM) as a

purposefully, systematically enhancing and exploiting the intellectual resources

available to an organization, to increase the firm's value.

Knowledge management is a part of management that focuses on the performance of

business from an organizational perspective looking closely at the enhancement of the

organizations capacity in learning, innovation and solving problems (McElroy, 2003). It

should be noted that it is an emerging, interdisciplinary business model, dealing with all

parts of knowledge within the circumstance of the organization including knowledge

creation, codification and sharing and also focuses on how these activities promote

learning and improvement (Herder et. al, 2003).

Gold (2001) emphasized that KM practitioners summarize, contextualize, value-judge,

rank, synthesize, edit and facilitate to make information and knowledge accessible

between people, either within or outside their organization. In this context, KM

concerns itself with the social interactions around the sharing and use of knowledge and

it is largely based on tacit interpretation and less on rules. Thus KM has often been

framed in terms of knowledge in action for an end purpose.

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According to Marchand and Davenport (2000), knowledge management includes

intentional efforts in order to make optimum use of the organization’s performance

through creating, sharing and leveraging knowledge and experience from internal and

external sources. There are some processes in knowledge management which was stated

by Galagan (1997) which are generating new knowledge, accessing data from external

sources, generating documents in data bases (software), embedding knowledge in

processes, products or services, transferring existing knowledge around the organisation,

using accessible knowledge in decision making, facilitating knowledge growth through

culture incentives, measuring the value of knowledge assets and the impact of

knowledge management. On the contrary, Wilson (1999) saw knowledge as a thing that

cannot be managed. He went further by saying knowledge consisted of people and

communities endlessly generated and renew the exchange of information in order to

meet the new challenge and openings that might come up.

In the practice of modern knowledge management, emphasis is made on the creation of

new knowledge and the suitable application of organisation knowledge to maintain

strategic advantage assuming that systems exists within the organisation that support

knowledge creation. In this context, relevant knowledge from internal and external

sources has been recorded and filed in a way it could be easily retrieved and used (Lim

and Klobas, 2000). Organisations should discard knowledge that has become outdated

(Drucker, 1993).

The relationship between IM and KM concepts has been recognized. Davenport and

Prusak (2002) reported that Knowledge management makes sense of information in the

context of its users. (Bouthillier and Shearer, 2002 quoting Kakabadse et al. (2001)

reported that "information and data management are important pillars of knowledge

management" and that both IM and KM require a high degree of human involvement.

However, differences between the concepts have also been highlighted. Kakabadse et. al.

(2001) emphasised that KM “encompasses broader issues than IM and, in particular,

creation of processes and behaviours that allow people to transform information into the

organization and create and share knowledge” and in addition, their objectives are often

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very different. This is further buttressed by Bouthillier and Shearer (2002), who stated

that the ultimate goal of IM is to ensure that information is stored and retrievable, while

the ultimate purpose of KM is tied more closely to organization outcomes. This outcome

is largely knowledge sharing involving the transfer of knowledge from one (or more)

person to another one (or more) implying that in KM, the most important drivers relate

to human behaviour and interchange (Davenport and Prusak (2000). Thus the success of

a KM program ultimately depends on the sharing of knowledge as illustrated within the

conceptual framework of Martensson (2000).

Source: Martensson (2000)

Fig 2: Theoretical structure of the knowledge management processes

Creation of new knowledge

Storage and organization of Knowledge

Sharing of Knowledge

Use and application of knowledge

Classification of Knowledge Needs

Acquisition of knowledge

Discovery of existing knowledge

Creation of new knowledge

Storage and organization of Knowledge

Sharing of Knowledge

Use and application of knowledge

Classification of Knowledge Needs

Acquisition of knowledge

Discovery of existing knowledge

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The above diagram has presented an identification of a knowledge management method

within an organisation which highlights the reason why organisations practice

knowledge management.

To shed more light on this it would be of great value to look into the importance of

knowledge management.

2.8 The importance of Knowledge management

In the mid 80’s, individuals and organisations began to appreciate an increasingly

important role of knowledge in the emerging competitive environment where

organisations success or failure depended on their ability to effectively use and manage

their knowledge resource of data and information (Lim and Klobas, 2000). Many

reasons have been attributed in business literature on the large scale interest in the use of

KM in business communities around the world thus signifying its importance.

One major reason for the significance of knowledge management is the growing speed

of competition. Arguably, a serious waste of time could occur when the necessary

knowledge is already filled in other parts of the organisation (Holden, 2002). In the

process of competition, the organisation needs to collaborate to be able to improve

productivity, encourage innovation to be able to cope with information overload and

delivering only the essentials (Halberd, 1997).

Another reason relates to claims of the potential benefits of KM abound and range from

improving productivity, decision making, customer service and innovation (MacMorrow,

2001). Kludge (2001) emphasised that business with the intention of using knowledge

management outshined the business that did not.

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Thirdly, the material resources of organisations are no longer considered as a sustainable

basis for competitive advantage because these resources speedily become available to

competitors. However knowledge is harder to imitate as it is exceptional among all other

organisation resources in that no other resource increases in value in the course of its use

(Probst et al. 2000).

The central role of ideas was made clear by Davenport and Pursak (2000) that

“contrasting material asset … knowledge asset increase with use: ideas breed new ideas

and shared knowledge stays with the giver while it enriches the receiver ...only new

knowledge resources – ideas have unlimited potential for growth” (pp.16-17).

Fourthly, the systematic sharing of knowledge is assuming a larger role in all kinds of

organizations around the world (Bouthillier and Shearer, 2002 quoting the World Bank,

1999; Luen and Al-Hawamdeh, 2001). Private sector organizations are embracing KM

more for internal knowledge sharing, targeted in specific areas of the organization and

the KM initiatives are most often concerned with managing business and administrative

knowledge (Bouthillier and Shearer, 2002). Similarly, some of the recent KM initiatives

in the public sector in the United Kingdom include the creation of the post of knowledge

officer at the British Council and the appointment of a Chief Knowledge Officer at

NatWest Markets (Bouthillier and Shearer, 2002 quoting Skok, 2000).

Finally, Knowledge Management is perceived as the key economic source, dominant

and possibly the only source of economic advantage. The reason for this statement is

the way businesses run nowadays is different in terms of the range it operates, having a

wide range effect on a company’s tactics to its products and also the way the firm is

organised to the processes in the company (Bouthillier and Shearer , 2002 quoting

Ruggles, 2000). Bouthillier and Shearer, 2002 stated that knowledge is considered as

"the only meaningful economic resource" in most technological organisations.

However, it is not clear whether in Nigeria; financial organisations such as banks

perceive knowledge management as an asset for their development and harness it for

economic leverage because research has not been carried out to prove this fact.

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2.9 The growth of knowledge management

The growth of knowledge management has been argued by DiMattia and Oder (1997)

stating that Knowledge management has surfaced from two shifts which are

technological development and downsizing. (Martensson, 2000).

A. Technological development

The evolution of technological development has drawn attention to the interest in

Knowledge management through two major sources; these include: the explosive growth

of information resources which could also be the internet and the accelerating space of

technological change (Martensson, 2000; Hibbard, 1997; Mayo, 1998).

The up-and-coming technological development permits global sharing of information

across platforms and continents which serves as a tool in the organisation to use more

knowledge efficiently (DiMattia, 1997 and Oder, 1997). Knowledge management is

about the acquisition and storage of workers knowledge and making information

accessible for other employees within the organisation (Papows, 1998). Similarly,

knowledge management seeks to influence the organisation’s expertise and know-how

in order to add value to business using a kind of technological support system (Ellis,

2003). This is often achieved by using various technologies such as internet and

databases, and this conversion of tactic knowledge to explicit knowledge. Knowledge is

repeatedly considered as a problem of information handling which deals with the

creation, management and utilization of knowledge (Martensson, 2000) and it is not

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unexpected that knowledge management stirs up ideas of data mining, text clustering,

databases and documents.

Also, the new development in Information Technology has had an effect on people and

organisations (Mayo, 1998). The continual access to information has also made people

overwhelmed and thereby silently putting them in a state where they slowly miss out the

important information associated with it (Hibbard, 1997). However, the ability to cope

with the outburst of information and to be able to take advantage on the increased

knowledge at a place of work is challenging to knowledge management (DiMattia and

Oder (1997).

In this context, knowledge management is not just a technological information problem

but also a social problem. (Stuckey and Arkell, 2006)

B. Downsizing

As far back as in the 1980’s, the method adopted in order to reduce transparency and

increase profits which later became obvious is downsizing (Forbes, 1997). This method

lead to a lot of setback as it resulted in a lot of loss in important knowledge as the

employees had the knowledge they had gained over the years to themselves and was not

shared with others; they later left with the knowledge left with it (Piggott, 1997). After a

period of time, organisations then began to realise that they had lost very important

information and the skilled ones were ready to protect themselves against it happening

again (Martensson, 2000; DiMattia, and Oder, 1997). This was the action that led

management to carry out knowledge management method which involved the motive to

store and retain employee knowledge for the advantage of the organisation (Fobes,

1997). In recent times, organisations are working hard in trying to use systems and

technology to capture the knowledge inhabiting in the minds of their employees so that

it would not be hard to share knowledge within the organisation (Martensson, 2000).

When knowledge is stored, it becomes a resource that could be referred to later to bring

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about competitive advantages that includes enhanced organisational capacities,

smoothing the progress of output and lowering costs (Fobes, 1997).

From these, it could be perceived that knowledge management focuses on people.

Knowledge management is all about people; not notes or books (Brooking, 1999). The

use of computers and networks can help in bringing about better communication but for

knowledge, it is still an assignment for humans to deliver.

2.10 Knowledge sharing as a component of Knowledge Management

In this section, the narrative would be based on what sharing is, the types of knowledge

sharing within groups and the importance of knowledge sharing. It would then be

followed by a review on the different methods of knowledge sharing and transfer. Lastly,

the barriers hindering effective knowledge sharing and transfer would be talked about.

Sharing is a process whereby a reserve is given by a party and received by another

(Sharratt and Usoro, 2003). In order to make sharing take place, an exchange must have

been witnessed between the giver and the receiver. Knowledge sharing could be defined

as the giving and receiving of information put in a context by the knowledge of the

source (Shararratt and Usoro, 2003). What is received from this is information backed

up by knowledge of the receiver. However, in support of the knowledge of the giver, the

knowledge received cannot be the same because the process of interpretation is

subjective and is surrounded by our existing knowledge and our personality (Miller,

2002). Pierce (2002) recommended that in face to face communication is an effective

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method for gaining knowledge. Also Dixon (2000) called attention to the selection of

suitable knowledge sharing practice relying on the type of knowledge (tactic or explicit),

the schedule and rate of the sharing procedure and the receiver of the knowledge within

an organisation. Splender (1996) identified different ways of sharing knowledge which

Dixon (2000) went further highlighting the five ways of sharing knowledge in-depth.

This includes:

1.Serial transfer which is where team knowledge is shared within the team to

different

1. sceneryscenery.

2.Near transfer this is the duplication of the team knowledge (explicit) in other

groups

2. undergoing related responsibilities.

3. Far transfer this includes the duplication team knowledge (tactic) in other groups

undergoing related responsibilities.

4. Organisations know how which involves either tactic or explicit type. Here a

tactical task is needed to be completed which occurs uncommonly in the

organisation.

5. Expert transfer; where a team needs and seeks explicit knowledge from others in

the organisation to complete the task (Riege, 2005).

2.11 Knowledge sharing component of Knowledge Management

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As earlier stated, one of the main attributes of Knowledge management is information

sharing. Drucker (1993) states that “knowledge is the only meaningful resource today”

and that “the traditional factors of production have become secondary, as they can be

provided easily if there is knowledge”. From this perspective, the use of new knowledge

is fast becoming the only remaining sustainable resource of competitive advantage for

organisations. The success of a company depends on the way it could use its collective

knowledge which involves giving support to the people and the process required to

accumulate structure and transfer knowledge effectively (Cunningham and Cunningham,

2006). According to Roy (2001), the importance of knowledge sharing and knowledge

management reuse to avoid repetition of efforts has led much interest in supporting

communities of practice. A community of practice is seen as an informal group where

there is a lot of knowledge sharing and learning is done in the context of knowledge

management (Wenger, 1998). It is referred to as an informal team and not a formal one

because each is sharing in a part of common programme and shared interests. Such

communities of practice are not inhibited by time and space and therefore can cover

organisational limits (Wenger, 1998). The communities of practice have been identified

as effective position for the sharing and creation of knowledge (Lave and Wenger, 1991)

where they are able to retain dynamic and growing knowledge within a real time

development that adds context to existing static data storage. The members of the

community usually engage themselves with a common type of code and language. This

process involves the development of a strong set-up of people of like minds who share a

common goal and understands themselves which aids the development of an

environment that incorporates high level of trust, shared behavioural norms and mutual

respect (Lesser & Stock, 2001). Having these present in an environment indicates

having a high social capital and is also related to the process of the creation and sharing

of knowledge (Nahapiet & Ghoshal, 1998). Communities of practice encompasses

important roles which have been argued comprehensively by (Wenger, 1998; Mitchell,

2002; Devenport and Hall, 2002; Williams and Cothrel, 2002) from which could be

concluded that a lot of the know-how comes into being through KM professionals

participating in their communities of practice (Cunningham and Cunningham, 2006).

Most organisational competences have a need of amalgamating the bases of knowledge

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on the individuals they have (MichaelZack, 1999 pp. 137). The establishment of rewards

for individual knowledge sharing performance signifies the importance of knowledge

sharing. However; of note is that it could also run a risk of producing expectations of

rewards for behaviours that should be part of the normal way of conducting the business

of the organisation (Dalkir, 2005).

2.12 Knowledge sharing in Financial Organisations

It is necessary to know how information is used to construct meaning, create knowledge

and make decisions within the organisation. Information is a fundamental component of

most action of organisations (Choo, 1996). Without an organisation’s grasp of how it

creates, transforms and use information would lead the organisation in lacking a defined

goal in managing its information processes, information resourced and information

technology (Choo, 1996). From these, it could be presumed that knowledge sharing is a

single most significant source of competence (Parallax and Harmel, 1990) in any

organisation.

At present, it is not clear how Nigerian banking institutions share information to create

knowledge and make strategic decisions to gain competitive advantage.

Furthermore, organisational knowledge has a positive impact on deeds and activities

obtained from the employee in the organisation (Stonehouse and Pumberton, 1999).

Organisations therefore need to struggle to ensure they get superior knowledge that

could result in high performance when knowledge is properly managed and also they

should learn more about the relationship between their internal and external

environments so as to gain competitive advantage (Stonehouse and Pumberton, 1999).

In respect to the internal environment, literature has shown the relationship between

physical work environments and knowledge worker performance (Davenport, Thomas,

and Cantrell, 2002). It has been reported that:

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a. Knowledge workers prefer closed offices, but seem to communicate better in open

ones because they are better able to concentrate, they communicate informally and build

trust and social capital more easily in more open office environments (Frank Becker and

William Sims, 2001).

b. Knowledge workers congregate in particular geographical areas .Knowledge workers

are drawn to, and are made more productive by living in, cities and regions with

concentrations of other people like themselves (Florida, 2002).

c. Knowledge workers move around in the course of their work. Several firms that have

observed their knowledge workers have found that they spend up to half of their time out

of their offices-either in meetings, talking informally in other peoples' offices, or

travelling. As a result, organizations need to provide them with the ability to work and

be productive outside of their offices.

d. Knowledge workers collaborate as they meet, chat and congregate. Therefore office

environments need to facilitate the collaboration and exchange of tacit knowledge.

Technologies for collaboration—from videoconferences to web casting to share

networks—are increasingly making a big difference in collaboration, but users are

frustrated by technical difficulties in many cases (Davenport, 2005).

e. Knowledge workers concentrate at work. This requires a quiet setting with relatively

few distractions. Such an environment is particularly important for knowledge creation

activities—thinking, writing, programming and designing among others this takes up a

widely varying proportion of knowledge workers' time .some studies have found, for

example, that programmers spend only 20 to 30 percent of their time doing solo

programming, but others have found workers devoting up to 64 percent in "quiet work

(Becker and Sims, 2002).

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f. Knowledge workers work in the office with some studies suggesting that (Becker and

Sims, 2002) 5 percent of workers do "serious" (full-time or near-full-time)

telecommuting, and a good proportion of those are administrative workers rather than

knowledge workers (Cohen and Prusak, 2001). This means that organizations should not

bother with office arrangements that assume full-time telecommuting.

g. Knowledge workers converse with their fellow workers who are close by. It has been

reported that knowledge workers whose desks are more than thirty meters apart have a

frequency of communications that is roughly zero (Allen, 1997).

From all these, it could be concluded that a lot attention needs paid to into internal

environment in Knowledge management as it could affect knowledge acquisition,

sharing and employees’ performance.

Furthermore, the external environment is of import and paying attention to the

community of practice of any organisation is as important as that of internal

environment. The need for financial institutions to provide customized services to meet

their evolving banking needs seems to be more crucial. My personal observation in

some banks in Nigeria reveals unfavourable comments made by banking customers on

the poor treatment meted to them by some banks in respect to courteous and prompt

services in bank transactions with a vow to transfer their money into other banks.

The major parts of any knowledge management system would be drawn out and gives

the opportunity to understand better the concept. The parts could be divided into six

which includes the personnel, methodology, technology, knowledge domain, strategy

and barriers.

The personnel are key components of any system and the function is to provide and use

knowledge. The methodology involves the means of recognizing, obtaining, organizing,

generating, accumulating, distributing and accessing knowledge which are all necessary

elements of a knowledge management system. The technology gives support to the

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personnel in the use and provision of knowledge to the organization. In order to make

any knowledge organisation useful, it must deal with a restricted knowledge domain.

What gives support to a knowledge management system is an organisational strategy

(Phall. et. al, 2004). As the need for superior administrative support is usually pointed

out it could be recognized through the development of a strategized knowledge

management. An organisation ready to practice knowledge management needs resources

in order to be able to function and this resource comprises of money, technology, data

transfer, ability and time (Davenport et. al 1998). These resources could be slowed down

by certain factors within the organisation which include barriers. The barriers to

knowledge sharing would now be looked into.

2.13 Barriers to sharing knowledge in financial organisations

In this section, the main barriers to knowledge sharing in financial organisations would

be discussed. The causes of the barriers would also be grouped with some suggested

solutions.

Although, the problem of knowledge sharing had been highlighted in current researches

(Davenport, 1998), financial organisations still find it difficult to incorporate their day to

day activities with customers in the course of knowledge sharing activities (Barson,

2000; Scarborough, 1999). This is because the bulk of the work that concerns

knowledge management and sharing are limited to internal matters (Barson, 2000). It

was also stated by Barson, (2000) that such organisations do not use their knowledge

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optimally due to their failure to classify and triumph over barriers to knowledge sharing.

Barriers are part of the system as they are worked on in order to be avoided.

The interaction between employees in an organisation is a key issue of knowledge

management as it could be pointed out that knowledge management takes place when

employees work together but anchored with barriers such as differences in culture and

tradition (Themistocleous, 2001).

The barriers faced could be categorised under technology, organisation and people

classification but not in all instances does it fit into the three categories. However an

investigation carried out by (Pawar, 2000) shows that the common human barriers

identified were within Knowledge management in an organisation.

The table below gives an outline of human barriers and solutions associated with it

BARRIER SUMMARY SUGGESTED SOLUTION

LANGUAGE The language barrier is

perceived to be

problematic between

countries and companies.

Mix-up may occur if

people don’t interact at the

same level.

Meetings held might not

be productive if the topics

discussed are hardly

understood.

It is essential that people

should speech a language

up to a certain level.

The terms used in work

places should be clearly

defined so that everyone

would be able to gain and

work from the meanings.

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PERCIEVED

INTERNATIONAL

DIFFERENCES

People tend to have a

standardised away of

working practices of

different companies.

To avoid working in a

standardised manner, it

would be a great benefit to

learn the work pattern of

each person or company

one deals with.

ACCURACY/RELIABILI

TY OF KNOWLEDGE

This happen is a situation

whereby the knowledge

shared and the receivers

are not sure on how

reliable they are.

It is also worrisome to

people as they are

concerned about the

fullness and sincerity of

knowledge that is being

passed to them

This part is entirely relied

on trust and hence a very

delicate matter.

Reason for trust is based

on long term relationships

or on references that are

very good to rely on.

Trust is seen as a key

crucial matter.

FEAR OF

PENALTY/FEAR OF

LOSING PROFILE

This serves as a drawback

for creative thinking and

the build up of ideas.

This is seen as

unprofessional to present

not fully clear ideas.

The non-professional idea

comes up as a result of not

being able to express

oneself and thereby

referred to as

communication problem.

A precise linguistic and

conversational training

should overcome this

barrier which would be

aided by tolerance and

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willingness to listen and

understand others.

FEAR OF LOSING

COMPANY STABILITY

/MARKET POSITION

There is a notion that

knowledge sharing is a

way of giving away

information and the effect

might be the loss of the

company’s stability or

market position. This is

because sharing

knowledge might result in

companies having the

same abilities and

knowledge which might

result in companies losing

their competitive

advantage.

There must be a change of

frame of mind towards this

in other to overcome the

barriers.

Companies should be sure

of who they want to share

information with and what

they want to share.

Education should be given

on the idea that sharing

information between

companies can highlight

core competencies which

can lead to more business

and not less.

PROTECTION OF

PROPRIETY

KNOWLEDGE

In this situation there is a

panic that one’s idea could

be stolen by another

person and delivered as

their own.

Information intends to be

hoarded because it is

perceived to lead to

promotions and increase in

There should be an

assurance that the

information would be

traced back to its

originator.

A change of mind set

would be needed.

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pay.

MAINTAINACE OF

COMMUNICATION

CHANNELS

The opening up of internal

structures for public

scrutiny, the customers or

suppliers might come

within reach of the wrong

people within the

companies for queries.

There should be a balance

in openness to customers

in the direction of the

customer and keeping the

discipline in performing

certain processes.

TIME This is considered to be

one of the most important

factors why KM is not

practiced in the

appropriate way.

The better use of time and

development of methods

and tools to support the

process of Knowledge

management.

Source: Pawar

(2000)

Source: Pawar (2000)

After highlighting the barriers hindering knowledge management in an organisation, it

would be of great benefit to look into the Nigerian banking sector and identify the

various setback it might be experiencing.

2.14 The Banking Sector in Nigeria

The banking sector is the most significant of the financial institutions in Nigeria. The

sector consists of the following constituents: the central bank of Nigeria (this serves as

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the financial power but under the direct management of the ministry of Finance);

Merchant banks; Commercial banks; Development banks and the federal savings banks.

The Central bank serves as the mother bank performing the overall coordinating

functions. The development banks engage in medium and long term lending loans

provided on local and foreign currency. These banks include the Nigerian Industrial

Development Bank (NIDB), the Nigerian Agriculture and Cooperative Bank (NACB)

Federal mortgage Bank (FMBN), Community Development Banks (CDBL) and the

Nigerian Bank of Commerce and Industry (NBCI).

The difference between the Development banks from Commercial banks is that

Development banks are responsible for furthering the nation’s development and its

development policies. However, the Commercial banks lend large sums of money to the

industrial enterprises not knowing how the money will be used; all needed to be

concerned about is if the borrowers have sufficient security and collateral from their

borrowers which is usually for a short period of time and it is usually for commercial

activities.

The Government intervention in the banking sector started as far back as in 1985 when

banking business was not stable and came up with the institution of the Central bank of

Nigeria with the aim of stabilising the banking sector which observed enormous crash in

the 1950s. This failure resulted in the institution of 17 Commercial banks by 1972

which continued before the merger and acquisition in 2005. By 1985, the number of

commercial and merchant bank had increased to 40. The increase in the number of

banks was visualized to increase competition and to create a more conducive

environment for the implementation of its modification course of action which included

privatisation, foreign exchange markets etc.

Unlike other banks, Commercial banks have branches all over the country even in rural

areas where the roads and the communication systems are inadequate though the

communication systems in Nigeria referring to the most parts of the less developed

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countries are plagued by numerous problems ranging from human to infrastructural

(Soriyan et al, 1997).

The situation in Nigeria regarding the knowledge assets of the bank staffs, how such

knowledge is acquired and used to gain competitive advantage over other rival banks is

unknown and so are the challenges currently experienced and barriers that hinder

knowledge management. Obtaining these myriads of information adds value to scientific

knowledge.Intellectual capital is an intellectual material where knowledge, information

and experience could be transformed into wealth (Goth, 2000).Although, it has been

emphasised that organisations need know what their intellectual capital is and make use

of it in order to become a knowledge-based organisation. The current situation in the

Nigerian banking sector is unknown. Furthermore, knowledge management is

increasingly recognised by senior executives as an important dimension of business

strategy and a contributor to organisational performance (Martie and Retha, 2004),

However, the extent to which these statements hold true in the Nigerian financial

organisations is unclear. In the above paragraphs, I have presented a literature review to

show that Knowledge management is an asset that financial institutions should strive to

have to ensure competitive advantage over other banks. The main issue was that

Information is scanty on how thehow the Nigerian banks in the UK, acquire and use

knowledge management for productive opportunity and competitive advantage.

Obtaining this information will add value by filling existing knowledge gap on this issue.

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CHAPTER 3

3.1 METHODOLOGY

The motive for this chapter is to explain the methodology that is adopted in order to be

able to give responses to the questions that were asked. In this research methodology a

summary of what will be done is as follows: Section 3.2; conveys the main point for the

research work which would be a restatement of the research questions. Section 3.3 will

highlight the sort of research design to be used in accordance with the research questions.

Section 3.4 draws attention to the methodology implemented. Data collection and an

outline of the questions are obviously shown in section 3.5. Section 3.6 looks at the

administration of the questionnaires and it also takes note of the responses that were

received. Section 3.7 focuses on the method of the analysis of the data. This chapter

would be wound up with a summary.

3.2 Restatement of the research question

What is the organisation’s culture and leadership style of the organisation?

How does the bank increase the knowledge assets of its r workers and systems?

What indicates to the bank that existing knowledge is outdated and needs to be discarded

or upgraded?

What factors hinder the banks acquisition of knowledge management for productive

opportunity and competitive advantage?

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3.3 Research Design

Research design describes the constituent of the investigation that is used in the

identification of variables and the relationship between them (Asia, 2006). The research

design is used in acquiring the data that would be used in response of the question

Robson, (2002) defines it as a process of turning the research questions to research

objects. It could also be referred to as the general steps to be taken in order to be able to

respond to the research questions (Saunders et. al, 2007). In this study, a case study

research design is used focusing on a Nigerian Bank operating in the United Kingdom.

3.4 Methodology implemented

The methodology implemented would be the use of quantitative and qualitative

approach.

It was pointed out by Creswell (2003) that quantitative research is different from the

qualitative research in many parts and it is also noted that they harmonize each other in

different ways also. The two methods are used in my research.

The quantitative approach would involve the use of questionnaire and the qualitative

approach would involve the use of interviews. In support of the qualitative approach, it

was stated by Brown (1998) that it is only words that can investigate concepts like ones

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feelings, values, thoughts and perceptions. So in order to get an in depth coverage on

the questions,

3.5 Sample Size and Procedure

A sample was defined by Asika, (2006) as a small part of a thing that in intended to

represent the whole which is precisely part of the population while Cooper and Schinder

(2006) said that “it is a part of a population that is carefully selected to represent that

population” The research focuses on a Nigerian commercial bank in the United

Kingdom where some selected respondents were given questionnaires to complete.

The procedure that was adopted for selecting the bank staffs for the survey was grouped

in different stages. In the first stage, all commercial Nigerian banks in the UK was listed

and decomposed into big, medium and small. One of the large banks was purposively

selected including its network of branches.

According to Bryman and Bell (2003) Quantitative research involves the compilation of

statistical data and showing an evidence of a relationship between theory and research as

deductive, a preference of a natural preference approach, having an objectivist

conception of social reality. The quantitative component involved the use of a survey

questionnaire that was used to collect data from different types of staff (cashiers,

administrators, IT officers, secretaries auditors) working in Bank “X” on major key

areas of knowledge management that generates competitive advantage and types of

challenges currently experienced in respect of business environment. In order to cover a

wider scope, qualitative method was also be adopted so as to give the respondents the

opportunity to express themselves on some certain questions and also results the

richness of data. This involved the use of personal interview.

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From Carman (2004) it was perceived that qualitative research involves the

identification and exploration of a number of often related variables that give insight into

the nature and causes of certain problems and into the consequences of the problems.

The qualitative method employs the use of Key informant interview with bank managers

which identify the barriers to knowledge management. An in-depth interview was

conducted with an assistant manager, the head of administration and some staffs of the

IT department. These persons were purposively selected because they place key roles in

the planning and implementation of knowledge management in the banks. In total, 5

respondents were carefully selected to participate in the interview since not all the staffs

were available to take the interview. Before the interview started, the purpose of the

research was presented to the respondents telling them that before they started filling the

questionnaire they had to understand what knowledge meant, its importance and its

types.

After the brief introduction on what knowledge meant, the respondents showed more

interest in the activity by paying more attention to what was being said. From this, more

emphasis was made on the importance of knowledge in the bank and how it could bring

about competitive advantage over their competitors. The questions asked in the

interview were structured in order to cover the objectives of the dissertation.

Showing that the qualitative and quantitative approaches are being represented by

questionnaires and interviews, it would highlight the importance of interviews over

questionnaires. It was mentioned by Brown (1998) that words is the only way where

feelings, thoughts, values and other concepts can be expressed. .

3.6 Data Management and analysis

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The completed questionnaire was checked in the field for completeness. The various

sections of questionnaires was coded and fed into the computer. In the analysis of this

work, the Statistical Package for Social Sciences (SPSS) was used for the survey data

analysis. The use of descriptive and other appropriate statistics was used to analyze the

data where appropriate and interpreted responses gave support to responsive research

questions stated earlier and also build on past propositions.

3.7 Methodology summary

The aim of this chapter is to explain how the data needed for research would be

collected and analysed in order to arrive at a credible conclusion.

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CHAPTER 4

4.1 RESULTS AND DISCSUSSION

This chapter presents the study findings on how knowledge management practices are

circulated in an organisation. It would be divided to various sections where section one

depicts the demographic characteristics of the respondents (bank staffs), section two

represents the respondents’ knowledge on what constitutes knowledge management and

its practices applicable to their organisation, section three describes the benefits

associated by respondents with knowledge management practices in the organisation

while section four describes identified barriers that hinder knowledge management

practice in the organisation.

Furthermore, these results are interpreted and discussed, and recommendations for

improving knowledge management and practices in the institution were highlighted in

light of the findings of the study.

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SECTION A: Demographic Characteristics of Respondents

Respondents Sex and Age Distribution

The distribution of respondents by sex indicates that there were more males 18(64.3%)

than females 10(35.7%) in Table 4.1. The ages of the respondents show that majority

were under 30years 22(78.6%) followed by the age group 31-40 3(10.7%) and those

aged 41-50, 2(7.1%). Age 51-60 came least with only 1 respondent (3.6%) (Table 4.2)

This shows that the most active members of staff of the bank are the workers with ages

below 30.

Table 4.1: Respondents Sex Distribution

Sex

Number Percent

Male 18 64.3

Female 10 35.7

Total 28 100.0

Table 4.2: Respondents Age Distribution

Age Group in Number Percent

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years

Under 30 22 78.6

31-40 3 10.7

41-50 2 7.1

51-60 1 3.6

Total

28 100.0

Respondents’ length of employment and current job title

The distribution of respondents by their length of employment within the bank shows

that most of the respondents, (60.7%) have been working in the current bank for

between 2-5years, followed by 10 respondents (35.7%) that have put in a year or less.

Respondents with over 10years working experience were the least, 1(3.6%).

In respect of current job title, half of respondents classified themselves as banking

officers 14(50%), followed by managers 3 (10.7%). Other classified job titles are shown

in Table 4.3

Table 4.3: Distribution of Respondents Current Job Titles

Job Titles Number Percent

Banking officer 14 50.0

Marketing Manager 2 7.1

Clearing officer 2 7.1

Senior analyst 2 7.1

Executive 1 3.6

Manager 3 10.7

Analyst 2 7.1

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Sales advisor 2 7.1

Total 28 100.0

Respondents’ Position in the Organisation and their Areas of Responsibility

In terms of respondents’ position in the organisation, most (24) were frontline

employees (85%) while the rest comprise of 3 middle managers (10.7%) and senior

managers (3.6%).

Figure 4.1 shows the areas of respondents responsibility with a predominant of staff in

the IT section 12(42.9%), followed by marketing and finance with 6(21.4%) each, and

with human resource and those grouped as “others” accounting for 2 (7.1%) each.

Fig. 4.1

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Respondents Educational Level and Working Experiences

Respondents with the master’s degree were the most predominant group with a total of

18(64.3%), which nearly doubles the rest of respondents with first degrees, 109

35.7%).Amongst the 28 respondents, 8(28. %) had 3 years of total working experience

and 6 (21.4) each with 2 and 5 years respectively. Other years of working experiences

are shown in table 4.4.

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Formatted: Font: 11 pt, Not Bold

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Table 4.4: Respondents Total working experience in the Banking Industry Years of working

experience Number Percent

1 year 1 3.6

2 years 6 21.4

3 years 8 28.6

4 years 6 21.4

5 years 4 14.3

6 years 2 7.1

11 years 1 3.6

Total 28 100

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Formatted: Normal

SECTION B: Organisational Culture and Leadership Style

Organisational Culture, Leadership, Communication Environment, Culture types and Leadership style in the Bank

Table 4.5 below shows the corporate culture reportedly operating in the bank. From the

table, it could be seen that commercial culture is the most dominating culture practiced

in the bank, 17(60.7%). Mercenary culture is the second reportedly practiced, 5(17.9%)

followed by fragmented culture 4(14.3%. Other culture is shown in the table 4.5.

Although three leadership styles, auditor, ambassador, and driver style ,have been found

to be the most popular in companies, results in this study indicate that the driver style of

leadership is the most popular profile in the bank, 27(96.4%) while the auditor style is

only marginally popular ,1(3.6%), while the ambassador type is not popular at all (0.0%).

Table 4.5: Profile of organizational culture operating in the organisation

Culture characteristics Number Percent

Valid Networked Culture 2 7.1

Commercial Culture 17 60.7

Fragmented Culture 4 14.3

Mercenary Culture 5 17.9

Total 28 100.0

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SECTION C: The Organisational internal Working Environment and

Communication

Respondents’ assessment of the organisational working environment

Various ratings were given to the level of existence the five attributes of an enabling

organisational working environment-Honest, open communication, Trust in each other,

Collective responsibility for what the team does, Caring attitude towards each other, and

Pride in the organization. Having pride in the organisation was the most highly rated.

Half (14) of the respondents ranked it as excellent (50.0%), followed by 10 who ranked

it as very good (35.7%) and 3 as average (10.7%). This was followed by honest, open

communication within the bank with 13 (46.4%) respondents rating it as “excellent’

(46.4%), 8 as “very good” (28.6%), and 4 as “fair’ (14.3%) (Table 4.6) and collective

responsibility for what the team does which was rated as excellent by 9 (32.1%) and

very good by 19(67.9%). Caring attitude towards each other received less favourable

rating as 8 (28.6%) respondents rated it as excellent and 17(60.7%). Trust among the

employees in the bank was rated least of all the attributes with only 3 (10.7%)

respondents as excellent and 11(39.3%) as very good. (Table 4.6)

Table 4.6 -: Respondents Evaluation of Working Environment in the Organisation

Formatted: Font: 11 pt

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Statements

about

attributes

working

environment

Poor

Fair

Average Very

good Excellent

Total

A. Honest,

open

communication

0 4 (14.3%) 3 (10.7%) 8 (28.6%) 13 (46.4%)

28 (100.0%)

b. Trust in each

other 0 0 14 (50.0%)

11

(39.3%) 3 (10.7%)

28 (100.0%)

c. Collective

responsibility

for what the

team does

0 0 0 19

(67.9%)

9

(32.1%)

28

(100.0%)

d. Caring

attitude

towards each

other

0 0 3 (10.7%) 17

(60.7%) 8 (28.6%)

28 (100.0%)

d. Pride in the

organization

0 1 (3.6%) 3 (10.7%) 10

(35.7%) 14 (50.0%)

28

(100.0%)

Overall

Composite

weight

0 4 23 65 47

Formatted: Normal

Formatted: Normal

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Respondents’ assessment of internal working environment on communication

Office space allocation to the staff showed, 20 respondents reported working in a shared

working space (71.4%) and 5 (17.9%) in individual working space (17.9%) and others.

(Table 4.7)

When asked about the effect of these office space arrangements on their communication,

all respondents unanimously stated that it helps them engage easily in conversation with

their colleagues; 25(89.3% each) said it helps in assessing their colleague’s availability

for work helps to signal intention to communicate with their colleagues helps in sighting

colleagues to engage them in communication an for all the three 3 (10.7%) respondents

reported the opposite. Finally 23(82.7%) respondents affirmed that it ensures timely

opportunity for sharing information with their colleagues, while 5 (17.9%) of the

remaining respondents oppose this (Table 4.7)

Table 4.7: Organisation’s Office Space Allocation to Staff

Culture characteristics Number Percent

Valid Shared working

space 20 71.4

Individual working

space 5 17.9

Open plan office hot

desking"

3

10.7

Total 28 100.0

Furthermore, when asked about the effect of the location of each department on

communication in the organisation, majority of respondents stated it helps staffs engage

easily in conversation with their colleagues, 23(82.1%) said it helps staffs in assessing

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other staffs availability for work. Furthermore, 24 (85.7%) revealed it helps staffs

signal intention to communicate with their colleagues.

Effect of social activities within the organisation on communication

Involvement in social activities is considered very helpful by most respondents

19(67.9%) while about one-fourth, 6(21.4%) consider it helpful. Others are shown in

Table 4.8.

Table 4.8: Perceived Effect of Social Activities on communication

How helpful is social

activities Number Percent

Not helpful 2 7.1

Slightly helpful 1 3.6

Helpful 6 21.4

Very helpful 19 67.9

Total 28 100.0

Respondents’ Rating of Communication media for information sharing between colleagues

The ranking of the media in terms of how most often used to contact colleagues

showed the telephone receiving excellent rating by 24 (85.7%) respondents followed by

memos 16 (57.15), computers, 11 (39.3%) and meetings ,10 (35.7%). The use of Fax

machines received the worst rating (Table 4.9).

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Table 4.9 -: Respondents rating of Media used for internal communication in the Organisation

Media Poor

Fair

Average Very good Excellent

Total

Computer 0 0 6 (21.4%) 811(39.3%) 11 (39.3%) 28 (100.0%)

Fax 21 (75.0%) 5 (17.9%) 0 2 (7.1%) 0 28 (100.0%)

Telephone 0 0 1 (3.6%) 3(10.7%) 24(85.7%) 28 (100.0%)

Memos 0 2 (7.1%) 1 (3.6%) 9 (32.1%) 16 (57.1%) 28 (100.0%)

Meetings 0 0 3 (10.7%) 15 (53.6%) 10 (35.7%)

28

(100.0%)

Letters, e-

mails, pro-

forma

0 0 8 (35.7%) 10 (35.7%) 10 (35.7%)

28 (100.0%)

SECTION D: Acquisition and management of New Knowledge in the

organisation

Perception of the importance of knowledge management on organisational growth,

Assessment of benefits associated with Knowledge management practices.

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Sources of acquisition of new information and new development

Most interview participants reported that the organisation acquires new information and

new developments mainly through quarterly regional meetings where new ideas,

technological innovations are discussed and exploited and new ideas are learnt. It was

revealed that apart from regional meetings, weekly branch knowledge sharing sessions

are also held and that both have helped the bank to be competitive. The second way is

through performance measurement in which some outstanding staffs (lower and middle

level) are included in the team that are sent to such management meetings, continuous

training through seminars and workshops. Product upgrade and international business

meditation were finally identified by a few. All this reportedly increase the asset of its

workers.

.

Survey findings also revealed that nearly all the respondents, 26 (92.9%) knew the

company's emblem but 2(7.1%) did not.

Process of sharing new ideas and knowledge within the organisation

Although knowledge can be acquired at the individual level, to be useful it must be

shared by a community, often described as a community of practice. A key feature in

knowledge management is how the new ideas and knowledge acquired is shared within

the organisation. The findings showed four process levels of sharing newly acquired

ideas and knowledge within the organisation as presented below

a. Sharing new ideas and knowledge through Formal Departmental meetings

Formal meetings in the departments are used for sharing new ideas which respondents

reportedly attend. When asked how frequent these meetings are, 21 (75.0%)

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respondents said on a weekly basis, followed by monthly 7(25.0%). The frequency of

sharing comments, concerns and commendations from bank customers with staff

(Customer service provision which constitutes the organisation’s external environment)

were weekly as reported by 21 (75.0%) respondents, followed by monthly, 5 (17.9%),

and daily 2(71.1%).

b. Sharing new ideas and knowledge from senior managers to lower level staffs

The senior managers discuss the organisation’s policies with the staffs working under

them. When asked how frequent this is done, sometimes 18 (64.3%0 than always, 10

(35.7%) to the staffs working under them.

c. Sharing new data/information between Staff members

New data/information are shared between members of staff mostly once week, 18

(64.3%) and everyday 10 (35.7%) and this is usually through regional meetings. This

quantitative result was also supported from the qualitative interviews in which it was

revealed that holding regional meetings was a major way cited by interviewed staff that

the bank they work with has been increasing the knowledge assets of its workers and

systems. During these meetings, which are held weekly, or more and either for branch

heads and officers, new ideas especially on technological innovations are shared and

discussed to keep the bank in a competitive advantage. Besides the regional meetings,

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information generated from research funded by the organization is also shared while

training courses are used for new knowledge dissemination.

In respect to the means through which the new data /information are shared among

staff, staff announcements received the most favourable rating of 5 scores in terms of its

use by 22 (78.6%) respondents, followed by personal emails, 13 (46.4%) and staff

anaoucements8(28.6%) in the same category. Others mean such as Newsletters, Internal

Public address system, meetings and organisational seminars received very ratings.

When asked for the places preferred for sharing new work ideas among staffs, most

respondents would like discussing such with their subordinates in the offices, 15(53.6%)

but the place of doing this does not matter to 11(30.3%) respondents while a few, 2

(7.1%) prefer informal places outside the office.

d. Sharing new ideas between Colleagues

When asked about how often new ideas relating to work are shared with working

colleagues, more than half of the respondents 15(53.6%) said everyday and 11(39.3%)

stated once a week. Others are shown in table 4.10.

Table 4.10: Frequency of sharing work related new ideas with Colleagues

Number Percent

Valid Everyday 15 53.6

Once a week 11 39.3

Once a month 2 7.1

Total 28 100.0

Formatted: Normal

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Furthermore, when asked to rate the means through which new ideas are shared

regardless of whether it is shared every day, once a week/a month or over a month,

meetings topped the rating in the excellent scale with 16(57.1%) respondents, . This was

followed by General e-mail with 15 (53.6%) and the intranet (internally designed e-mail

system for the organisation staffs) took the third place with 11 (39.3%). while telephone

took a distant fourth, 9 (32.1%) Fax machine received the worst rating in the poor

category with 22 978.6%) (Table 4.11)

However, most respondents 18 (67.9%) would run on to their own colleagues to give

assistance or advice if they encountered a problem at work.

Table 4.11-: Respondents rating of ways by which the organization shares new

ideas.

Media Poor

Fair

Average Very good Excellent

Total

Intranet 0 0 1 (3.6%) 16(57.1%) 11 (39.3%) 28(100.0%)

General

e-mail 0 0 1 93.6%) 12 (42.9%) 15 (53.6%)

28 (100.0%)

Fax

machine 22 (78.6%) 4 (14.3%) 1 (3.6%) 0 1(3.6%)

28

(100.0%)

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Telephones 1 (3.6%) 0 0 18 (64.3%) 9 (32.1%) 28 (100.0%)

Memos 3 (10.7%) 0 0 18 64.3%) 7 (25.0%) 28 (100.0%)

Meetings 0 0 0 8 (28.6%) 16 (57.1%) 28 (100.0%)

Newsletter 0 0 8 (28.6%) 20 (71.4%) 0 28 (100.0%)

Databases 0 16 (57.1%) 10 (35.7%) 2 (7.1%) 0 28 (100.0%)

Barriers to organisational acquisition and use of knowledge for productive

opportunity

According to most of interviewed participants, two of the greatest barriers or challenges

to acquisition and use of knowledge for productive opportunity by the organisation were

inability of the bank to take some high level risk and top-down managerial rule which

tends to favour top management level staff better than those in the lower cadre.

Sometimes lack of consistent IT/ IS technical support also creates barrier.

Environmental conditions were also cited. An example of this is when the legislation

from authorities directly affects front desk staffs decision making process.

SECTION E: Organisational factors promoting and hindering Knowledge

Sharing.

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Barriers to organisational acquisition and use of knowledge for productive

opportunity

A A number of indicators werenumber of indicators wereas examined to identify

organisational factors promoting and hindering Knowledge Sharing in the organisation

studied. Indicators related to Group work engagement for sharing knowledge,

organisational adaptation to new technologies for knowledge management, the extent at

which slow provision of service are quickly addressed and used to make strategic

decisions.

Group work engagement for sharing knowledge

Almost all the respondents reported engaging in group work except one (3.6%) for

knowledge sharing. With 11 (39.3%) of respondents each dedicating 1-2 hours and less

than 1 hour respectively and 5(17.9%0 dedicating more than 4 hours to team work in

the organisation every week. This is good factor for promoting knowledge management.

Bank's Adaptation to new technologies for knowledge management

Most respondents 24 (85.7%) reported that “ to a large extent, the organisation has been

able to adapt to new technologies such as the Global management Service Centre that

facilitates integrated exchange of information within and between branches of the

organisation and streamline management while only 1 said “to a small extent” while 3

could not assess. This is also an indicative factor of knowledge promotion.

The extent at which slow provision of service are quickly addressed

When asked to what extent are concerns like slow provision of services by banking

customers are quickly addressed by the bank , half of the respondents , 14 (50%) said To

a large extent and 9(32.1%)said to an average extent. Others are shown in table 4.12.

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Table 4.12-: Extent at which slow provision of service are quickly addressed

Numbers Percent Valid Percent

Cumulative

Percent

Valid Never 1 3.6 3.6 3.6

To small extent 9 32.1 32.1 35.7

To an average extent 4 14.3 14.3 50.0

To a large extent 14 50.0 50.0 100.0

Total 28 100.0 100.0

The extent at which slow provision of service are used for strategic decisions

However that a majority of the respondents 27 (96.4%) reported concerns like slow

provision of service from banking customers are used to a large extent in making

strategic decisions such as staff re-training on critical skills for faster service provision

and 1(3.6%0 said to an average extent reflects a positive factor for knowledge

management.

Other factors are that promote and hinder knowledge management are also derived from

the following survey findings below.

Since bank workers have important knowledge about working in the organisation such

as its core values, mission, vision, work ethics, compunction, innovations, and

improving management framework which need to shared between colleagues,

respondents were asked to indicate which of the given attributes are visibly important in

achieving the organisation’s KM.

The major ones that are mostly rated in the category of “to a large extent” by the

respondents were “Information technology is used as a tool to improve the use of new

knowledge more efficiently”, 18 (64.3%); “Communication among team members is

effective and efficient “, 16 (57.1%); “Individuals feel they can personally gain from

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information and knowledge sharing”, 16 (57.1%);“ technological and organizational

capabilities are well integrated to create, share and apply knowledge”, 15 (53.6%);

‘Individuals collaborate with others to solve problems”, 15 (53.6%) and “intellectual

resources available have been well enhanced and exploited to increase the company’s

value” 15 (53.6%) (Table 4.13) Those in the lower cadre of the category of “to a large

extent” were “the organisation knows more than its competitors putting it at competitive

advantage”, 10 (35.7%)

On the lowest cadre of the category of “to a large extent” are “Knowledge created and

applied to managing business activities is unique and very difficult to imitate by others”,

“Communication among team members is effective and efficient”, “Employees feel that

knowledge shared within them is sufficient for the organisation” Colleagues trust each

other within the Bank” and “Performance methods (such as Appraisals) are used to

promote knowledge sharing “(table 4.13)

Table 4.13: Respondents assessment of other factors that facilitate or hinder information sharing in the organisation Yes, to a

large

extent

Yes , on

the

average

Yes, to a

small

extent

Not at

all

Don’t

know

Individuals collaborate with others to solve

problems

15(53.6%) 13

(46.4%) - - -

Communication among team members is

effective and efficient

16

(57.1%)

12

(42.9%) - - -

Employees feel that knowledge shared

within them is sufficient for the organisation -

17

(60.7%)

11

(39.3%) - -

Colleagues trust each other within the Bank 5 (17.9%)

9

(32.1%) 14(50.0%) - -

Performance methods (such as Appraisals)

are used to promote knowledge sharing 9 (32.1%)

12

(42.9%) - - -

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Individuals feel they can personally gain

from information and knowledge sharing

16

(57.1%)

12

(42.9%) - - -

Organisation knows more than its

competitors putting it at competitive

advantage

10

(35.7%)

15

(53.6%) 3 (10.7%) - -

Knowledge created and applied to managing

business activities is unique and very

difficult to imitate by others 6 (21.4%)

21

(75.0%) 1 (3.6%) - -

35. Information technology is used as a

tool to improve the use of new knowledge

more efficiently

18

(64.3%)

10

(35.7%) - - -

36. The technological and organizational

capabilities are well integrated to create,

share and apply knowledge.

15

(53.6%)

13

(46.4%) - - -

The integration of technology with organsorganisational atonal capacity, good

communication staff collaboration for problem solving, Individuals conviction of

gaining from information and knowledge sharing are factors that facilitate knowledge

management in the organisation. However, low trusting relationship among staffs and

perceived feeling of insufficiency of shared knowledge the organisation are factors that

hinder effective knowledge management.

Information derived from the interview also gives insight into other factors that are

perceived to hinder KM practices in the organisation. According to most of interviewed

participants, two of the greatest barriers or challenges to acquisition and use of

knowledge for productive opportunity by the organisation were inability of the bank to

take some high level risk and top-down managerial rule which tends to favour top

management level staff better than those in the lower cadre. Sometimes lack of

consistent IT/ IS technical support also creates barrier. Environmental conditions were

Formatted Table

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also cited. An example of this is when the legislation from authorities directly affects

front desk staffs decision making process.

SECTION F: Discussion of Findings

Demographic Characteristics

The gender staff composition with nearly ratio of 2 to 1 in favour of males still suggests

that the banking sector is still a male-dominated institution. Though the proportion of

women is lower, this is a marked improvement from the past in which bank workers

hardly hire female staff.

The finding that most of the respondents who are below the age of 30 year and mostly

in managerial positions suggest that the bank is excellently resourced with staff who are

most likely to be active drivers of knowledge. This is further supported by findings that

most are highly educated (master’s degree) and working in the IT section within the last

2-5years, suggest an active recruitment policy of the organisation. All these seem to

suggest an active recruitment policy of the organisation and the existence of a favourable

climate for corporate knowledge asset.

Internal environment and communicating

From the findings, the internal environment in respect of allocated staff office spaces

and the allocation of departments is highly favourable to effective communication in

light of more than 80% of the respondents identifying positive communication effect of

Formatted: Normal

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both their allocated office spaces and department. This enabling condition is likely to

have high impact on knowledge acquisition and sharing in the organisation. Gold (2001)

emphasized that KM Practitioners summarize, contextualize, value-judge, rank,

synthesize, edit and facilitate to make information and knowledge accessible between

people, either within or outside their organization. The central role of ideas was made

clear by Davenport and Pursak (2000) that in contrasting material asset, knowledge asset

increase with its use; ideas breed new ideas and shared knowledge stays with the giver

while it enriches the receiver “...only new knowledge resources – ideas have unlimited

potential for growth” (pp.16-17).

The positive finding that the social interactions in the organization positively affect

communication among staff members is of importance. Gold (2001) has emphasized the

importance stating that KM concerns itself with the social interactions around the

sharing and use of knowledge and it is largely based on tacit interpretation and less on

rules.

The findings further show that telephone followed by memos are is the most used

medium of for internal communication and that the intranet and general e-mails are

being used speedily or knowledge sharing suggest that the bank is utilising technology to

enhance knowledge sharing.. The importance of these media in fast tracking information

sharing has been acknowledged in literature. This finding supports DiMattia, 1997 and

Odder, 1997 who affirm that the up-and-coming technological development permits

global sharing of information across platforms and continents which serves as a tool in

the organisation to use more knowledge efficiently. Ellis, 2003 also reiterates that

Knowledge management is about the acquisition and storage of workers knowledge and

making information accessible for other employees within the organisation (Papows,

1998). Similarly, Knowledge management seeks to influence the organisation’s

expertise and know-how in order to add value to business using a kind of technological

support system (Ellis, 2003). This is often achieved by using various technologies such

as internet and databases, and this conversion of tactic knowledge to explicit knowledge.

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The findings that commercial culture and driver’ type of leadership predominate in the

organisation might have been responsible for the organisation’s high level of knowledge

sharing and the fast use of communication technology within an open internal

communication coupled with inherent attitude of young peoples’ eagerness to

communicate between themselves.

Knowledge acquisition and management

Part of the findings of the study also showed that the organisation uses multiple levels of

acquiring and managing new idea and knowledge. A spotlight on organisations

practicing knowledge management has been prospective for higher stages in maintaining

profitability, a greater market share and increased innovation (Jennex, 2005). An

environment that practices good communication would benefit quick progress on

decision making which would be a result of public participation (Wiig, 2002). The

Perceived benefits associated with Knowledge management practices in the organisation

includes a having a better workplace morale (Drucker, 2008) it also improves decision

making and gives support in the development of a knowledge intensive workforce

(Jennex, 2005).

The finding that active communication and knowledgeinformation sharing between

layers of staff, facilitated by the use of IT, seems to suggest the existence of a high

level of social capital in the bank that allows for social interaction, and staff well being

which are likely to contribute to the organizations economic and social development..

It can be further inferred from the finding that most staff work in the IT section of the

bank that computer literacy rates are high with possible high data storage capacity. It is

not surprising therefore that the study shows that the organization rely heavily on

technology to facilitate knowledge sharing especially the use of intranet among others,

however person to person exchanges were particularly central for this to be effective.

Also, the particular KM method used in this organization appears designed to fit the

organizational needs and to support its specific missions.

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This finding that information sharing of new ideas is ongoing and timely things that

operate through several sources. This shows that the bank is active in the way it

perceives, acquires and uses knowledge management for productive opportunity and

competitive advantage. Thus the bank seems to have a good knowledge asset. This

finding is supported by Green (2006), who stated that Knowledge asset involves

obtaining knowledge from different sources and experiences. Furthermore, Dufy (2000)

reinforces this by stating that it is explicit knowledge that can be referred to things an

individual knows and be easily written down; a documented and public; structured and

fixed content, eternalized and conscious (Dufy, 2000). While the sharing of

organisational policies to other staffs means that knowledge managers are concerned

with the dynamic dimension of knowledge, not only with data, information and

technology (Alavi and Leidner, 2001). However, the finding that staffs turn largely to

their peer to solve problems encountered in the performance of their work is disturbing.

While running to obtain assistance or advice from colleagues when staffs encountered a

problem at work is not unexpected, it could be speculated that managers are not turned

to probably because of the likely rebuke and the negative effect it could have on annual

staff performance appraisal. The implication is that it could have serious effects on

acquisition of rapid problem solving skills. It is not surprising therefore that hen asked to

what extent are concerns like slow provision of services by banking customers are

quickly addressed by the bank only half the respondents said to great extent. Such poor

managerial skill in timely problem solving can jeopardise the banks competitive

advantage if other banks ensure staffs are free to contact managers above them

immediately for problems that the staff capacity is unable to handle.

The existence of good knowledge management practices especially in the area of

effective technology, acquisition and sharing of new ideas, group work, the integration

of technology with organisational capacity, good communication, staff collaboration for

problem solving, instilling staff pride in the organisation, convincing staffs of self profits

to be gained from information and knowledge sharing and responding to external

environment through quick strategic decision on customers complaints are specially

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noted. These are essential knowledge management inputs which need to be further

promoted to enhance the banks competitive advantage. However, the bank needs to

strongly .However, low trusting relationship among staffs and perceived feeling of

insufficiency of shared knowledge the organisation which hinder knowledge sharing are

of concern. These require more intensive efforts by the bank to find out the reasons why

they occur and do something about them.

Overall the findings of this study further add value to existing literatures that suggest

that systematic sharing of knowledge is assuming a larger role in all kinds of

organizations around the world (Bouthillier and Shearer, 2002 quoting the World Bank,

1999; Luen & Al-Hawamdeh, 2001) and that Private sector organizations are embracing

KM more for internal knowledge sharing, targeted in specific areas of the organization

and the KM initiatives are most often concerned with managing business and

administrative knowledge (Bouthillier and Shearer, 2002).

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CHAPTER 5

5.1 Conclusions and Recommendations

Knowledge assets represent the dominant economic source essential for any innovative

bank that requires having a vibrant economic growth and human development, which

ensure competitive advantage over its rivals. Review of research literature on

Formatted: Normal

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knowledge management indicates growing interest in this area and especially on the

generation and sharing of knowledge to promote human capital and development in

organizations such as such as the banks.

This current study, informed by recent theory of KM, investigated knowledge

management practices on corporate financial organizations performance of a Nigerian

bank operating in the United Kingdom with a focus on its relative importance and use n

its operations. It assessed how this organization perceive, acquire and use knowledge

management for productive opportunity and competitive advantage, also in addition

identified factors that hinder the bank acquisition of knowledge management .

The findings also show the existence of assets and intellectual capital human capital in

the bank, given the large crop of young mangers working in the IT region with minimum

qualification of masters degree who fortnightly attend regional meetings to share new

knowledge and also attend training. The existence of good knowledge management

practices especially in the area of effective technology, acquisition and sharing of new

ideas, group work and responding external environment through quick strategic decision

on customers’ complaints was found.

Thus bank X creates and enables a learning and sharing environment, connects the staff

with other knowledgeable people through training, uses knowledge from external

environment for evidence-based decision making, uses technology to connect staffs

with information and facilitate knowledge sharing, ensures internal knowledge sharing

between all levels of the organisation The two main factors that appear to hinder

knowledge management practice were relative low trust among staffs and perceived

feeling of insufficiency of shared knowledge the organisation.

In light of the findings of this study, the following recommendations are made;

1. Training on the central importance of trust in an organisation should be

conducted for all staff members and mangers.

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2. Seminars on innovative strategies to move the bank to higher knowledge and

social capital to further drive its position to the top in the competitive ranking

should be conducted.

3. There is need for the bank to come out with more robust policy that will timely

address concerns from banking customers such as slow provision of services

The organisation needs to continue to ensure that telephones, computers, the intranet and

general e-mails are highly functional and use of, memos frequent for information sharing

as they were highly rated in terms of use and staff preference. General e-mails remain

highly functional is extremely important to effective sharing new knowledge.

Overall, this study has thus achieved its objectives. The information derived from the

study can be used in improving knowledge management in the bank and lessons can be

learnt by similar banks.

5.2 Recommendations for further research

Although this study assessed knowledge assets in an organisation in the banking sector,

which has provided data on KM practices and some factors that appear to promote and

hinder effective practices, however, the quality the KM practices and their actual impact

are still not known. Therefore, future studies should address this important area.

Formatted: Normal

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APPENDIX

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Questionnaire

Dear Respondent,

I am a postgraduate student of the University of Sheffield conducting a study on

Knowledge management practices in financial organisations in Nigeria using your bank

as case study (this study aims to know how workers in your bank go about the sharing of

information). The data generated from this study could assist your organisation in

making critical decisions which would add immense value to its asset generation. I will

appreciate your completion of this short questionnaire after which I will spend a few

minutes clarifying a few issues. This questionnaire will not take much of your time and

your responses will be kept confidential.

Your co-operation is greatly appreciated.

SECTION A

Formatted: Normal, Left

Formatted: Justified, Line spacing: 1.5 lines

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1. Sex: (1) Male [ ] (2) Female [ ]

2. Age: (1) Under 30 [ ] (2) 31-40 [ ] (3) 41- 50 ( ) (4) 51-60 ( ) (5) 61and above ( )

3. Length of employment with the bank: (1)1 year or less [ ] (2) 2-5 years [ ] (3) 6- 9

years [ ] (4)10 years and above [ ] (

4a. Your current job title? ________________

4b.Job Position within the organisation: (1) Senior manager [ ] (2) Middle manager [ ] (3)

Frontline employees [ ] (4) others …specify

4c Area of Responsibility

(1). Human Resource [ ] (2) Finance [ ] 3 Marketing [ ] 4. IT [ ] (5) others (specify).......

[ ]

5. Level of highest educational attainment (1) High school certificate [ ] (2) Diploma [ ]

(3) Undergraduate [ ] (4) Degree [ ] (5) Master Degree [ ] (6) PhD [ ] (7) Others [ ]

6. Total working experience in the banking industry (in years) _______________

SECTION B

7. Select among the four culture types below the closest to the culture of the bank you

work with?

1. Networked culture (is friendly but work tasks are not particularly independent,

i.e. Individual but friendly) [ ]

2. Communal culture (both friendly and independent) [ ]

3. Fragmented culture (it is neither friendly nor independent, here people keep to

themselves) [ ]

4. Mercenary culture (it is not particularly friendly but people do need each

other to get the work done) [ ]

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8. Which of the following three leadership types predominates in the bank you work

with?

1. Auditor style that emphasizes rules and procedures in ensuring smooth

operation. [ ]

2. Ambassador style that is characterized by deep knowledge about the

organization’s history, products, and responsibility. [ ]

3. The driver style that focus mainly on achieving organizations’ high

performance and a full of energy level to achieve its target. [ ]

9. Rate each of the following on a scale of 1-5 (with 1 = poor, 2= fair, 3= average, 4=

very good, 5=.Excellent) according to how each best describes the working

environment of the Bank you work with?

1. Honest, open communication[ ]

2. Trust in each other [ ]

3. Collective responsibility for what the team does [ ]

4. Caring attitude towards each other [ ]

5. Pride in the organization [ ]

10. In your working environment, are you in an individual office or in one shared with

one or two other colleagues, or in an open plan office?

(1) Shared working space [ ] (2) Individual working space [ ] (3) open plan office “hot

desking” [ ] (4) Others [ ]

11. In what ways do the offices spaces in which you work have an effect on the

communication between you and your colleagues?

1. Helps me engage easily in conversation with them (1)Yes [ ] (2) No [ ]

2. Helps me assess their availability for communication(1)Yes [ ] (2) No [ ]

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3. Makes it easy for me to signal intention to communicate with them(1)Yes [ ] (2) No

[ ]

4. Makes easy transition from sighting colleagues to engaging them in communication

(1)Yes [ ] (2) No [ ]

5. Ensures timely opportunity for sharing information with them (1)Yes [ ] (2) No [ ]

12. How does the location of each department and offices affect communication in the

bank you work with?

1. Helps staff engage easily in conversation with each other (1) Yes [ ] (2) No [ ]

2. Helps staff to assess the availability of each other for communication (1) Yes

[ ] (2) No [ ]

3. Ensures availability of a channel to signal intention to communicate (1) Yes [ ]

(2) No [ ]

4. Makes the transition from sighting others to engaging them in communication

easier (1) Yes [ ] (2) No [ ]

5. Ensures timely opportunity for sharing of information with other staff (1) Yes

[ ] (2) No [ ]

6. It has no effect at all (1) Yes [ ] (2) No [ ]

13. Rank the following equipment on a scale of 1-5 (with 1 = poor, 2= fair, 3= average,

4= very good, 5=excellent), in terms of how most often used contact your colleagues?

(1) Computers [ ] (2) Fax machines [ ] (3) Telephones [ ] others, specify ……

14. Rank the following communication media on a scale of 1-5 on how they are used

(with 1 = poor, 2= fair, 3= average, 4= very good, 5=excellent) in communicating

with your colleagues?

(1) Memos [ ] (2) Meetings [ ] letters, emails, pro forma [ ] (3) others, specify …… [ ]

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15. How often does the senior manager talk to you about the policies of the organisation?

(1) Never [ ] (2) Sometimes [ ] (3) Once in a while [ ] (4) Always [ ]

16. Do you know the meaning of your company’s emblem (logo)?

(1)Yes [ ] (2) No [ ] (3) not sure

17. How often do you share your new ideas relating to work with your colleagues?

(1) Never [ ] (2) Everyday [ ] (3) Once a week [ ] (4) Once a month [ ] (5) Over a month

[ ]

17b. If every day, once a week/a month or over a month, through what means is it

mostly done (tick all that is applicable) Rank on a scale of 1-5 the degree to which it is

used (with 1 = poor, 2= fair, 3= average, 4= very good, 5=excellent)

(1) The intranet (internally designed e-mail system for the organisation staffs) [ ]

(2.) General e-mail system [ ] (3) Fax machines [ ] (4) Telephones (5) Memos [ ] (6)

Meetings [ ] (7) newsletters [ ] (8) databases [ ] (] (9) others, specify ……………[… [ ]

18a. How often does your organisation share new information/ideas with members of

staff?

(1) Never [ ] (2) Everyday [ ] (3) Once a week [ ] (4) Once a month [ ] (5) Over a month

[ ]

18b. Through what means is this done? Rank on a scale of 1-5 (with 1 indicating the

least used and 5 indicating the most used)

Through (1) Newsletters [ ] (2) staff announcements [ ] (3) personal emails [ ] (4)

Internal Public address system [ ] (4) meetings [ ] (5) organisational seminars [ ] (6)

others, specify …………… [ ]

19. How often does your department have formal meetings that you attend?

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(1) Everyday [ ] (2) Every week [ ] (3) Every month [ ] (4) Once a quarter [ ] (5) more

than a quarter [ ]

20. How often are comments, concerns, and commendations from customer service

provision (external environment) shared with members of staff?

(1) Everyday [ ] (2) Every week [ ] (3) Every month [ ] (4) Once a quarter [ ] (5) more

than a quarter [ ]

21. Where do you prefer to talk to your subordinates about your work idea?

(1) Formal places (offices) [ ] (2) Informal places (outside the office) [ ] (3) Does not

matter [ ]

22. To what level do you think the involvement of social activities has helped

communication within the organisation?

(1) Not helpful at all [ ] (2) slightly helpful [ ] (3) No difference [ ] (4) Helpful [ ] (5)

Very helpful [ ]

23a. Are there any work or exercise you do in groups?

(1) Yes [ ] (2) No [ ]

23b. If yes, how many hours does it lasts for?

(1)Less than 1 hours [ ] (2) 1-2hours [ ] (3) 3-4 [ ] (4) more than 4 hours [ ]

24. If you encounter any challenge at work who would you run to for assistance?

________________________________________________________

25. To what extent has your organisation been able to adapt to new technologies (such as

like the Global management Service Centre that facilitates integrated exchange of

information within and between branches of the organisation and streamline

management.

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(1) Never [ ] (2) To a small extent [ ] (3) To an average extent (4) To a large extent (5)

Don’t know

26a. To what extent are concerns like slow provision of services by banking customers

are quickly addressed by the bank you work with?

(1) Never [ ] (2) To a small extent [ ] (3) To an average extent [ ] (4) To a large extent [ ]

(5) Don’t know [ ]

26b. to what extent are concerns like slow provisionslow provision of service from

banking customers used in making strategic decisions such as staff re-training on critical

skills for speed up service provision?

(1) Never [ ] (2) To a small extent [ ] (3) To an average extent [ ] (4) To a large extent [ ]

(5) Don’t know [ ]

You and your colleague have important knowledge about working in the Bank (such as

its core values, mission, vision, work ethics, line of communication, innovations, and

improving management framework). Often it is important to share this knowledge

between colleagues. Which of the following are important in achieving this?

Please circle as appropriate, your answers to the following questions as they relate to the

bank you work with.

Yes, to

a large

extent

Yes ,

on the

average

Yes,

to a

small

extent

Not

at all

Don’t

know

27.Individuals collaborate with others to solve

problems

1 2 3 4 5

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28. Communication among team members is

effective and efficient

1 2 3 4 5

29. Employees feel that knowledge shared

within them is sufficient for the organisation

1 2 3 4 5

30. Colleagues trust each other within the

Bank

1 2 3 4 5

31. Performance methods (such as Appraisals)

are used to promote knowledge sharing

1 2 3 4 5

32. Individuals feel they can personally gain

from information and knowledge sharing

1 2 3 4 5

33. Organisation knows more than its

competitors putting it at competitive advantage

1 2 3 4 5

34. Knowledge created and applied to

managing business activities is unique and very

difficult to imitate by others

1 2 3 4 5

35. Information technology is used as a tool to

improve the use of new knowledge more

efficiently

1 2 3 4 5

36. The technological and organizational

capabilities are well integrated to create, share

and apply knowledge.

1 2 3 4 5

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Interview Questions

1. Can you tell me if your organisation has been increasing the knowledge assets of its workers and systems? Can you cite some instances?

2 How does your organisation get to know about new information, and new developments?

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3. What do you think are the greatest barriers or challenges to acquisition and use of knowledge for productive opportunity in your organisation?

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APPENDIX

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Questionnaire

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Dear Respondent,

I am a postgraduate student of the University of Sheffield conducting a study on

Knowledge management practices in financial organisations in Nigeria using your

bank as case study (this study aims to know how workers in your bank go about the

sharing of information). The data generated from this study could assist your

organisation in making critical decisions which would add immense value to its

asset generation. I will appreciate your completion of this short questionnaire after

which I will spend a few minutes clarifying a few issues. This questionnaire will not

take much of your time and your responses will be kept confidential.

Your co-operation is greatly appreciated.

SECTION A

1. Sex: (1) Male [ ] (2) Female [ ]

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2. Age: (1) Under 30 [ ] (2) 31-40 [ ] (3) 41- 50 ( ) (4) 51-60 ( ) (5) 61and above ( )

3. Length of employment with the bank: (1)1 year or less [ ] (2) 2-5 years [ ] (3) 6- 9

years [ ] (4)10 years and above [ ] (

4a. Your current job title? ________________

4b.Job Position within the organisation: (1) Senior manager [ ] (2) Middle manager

[ ] (3) Frontline employees [ ] (4) others …specify

4c Area of Responsibility

(1). Human Resource [ ] (2). Finance [ ] 3 Marketing [ ] 4. IT [ ] (5) others

(specify)....... [ ]

5. Level of highest educational attainment (1) High school certificate [ ] (2) Diploma

[ ]

(3) Undergraduate [ ] (4) Degree [ ] (5). Master Degree [ ] (6) PhD [ ] 7. Others [ ]

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6. Total working experience in the banking industry (in years) _______________

SECTION B

7.Select among the four culture types below the closest to the culture of the bank

you work with?

1. Networked culture (is friendly but work tasks are not particularly independent,

i.e. Individual but friendly) [ ]

2. Communal culture (both friendly and independent) [ ]

3. Fragmented culture (it is neither friendly nor independent, here people keep to

themselves) [ ]

4. Mercenary culture (it is not particularly friendly but people do need each other

to get the work done) [ ]

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8. Which of the following three leadership types predominates in the bank you

work with?

1. Auditor style that emphasizes rules and procedures in ensuring smooth

operation. [ ]

2. Ambassador style that is characterized by deep knowledge about the

organization’s history, products, and responsibility. [ ]

3. The driver style that focus mainly on achieving organizations’ high performance

and a full of energy level to achieve its target. [ ]

9. Rate each of the following on a scale of 1-5 (with 1 = poor, 2= fair, 3= average, 4=

very good, 5=.Excellent) according to how each best describes the working

environment of the Bank you work with?

1.Honest, open communication[ ]

2.Trust in each other [ ]

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3.Collective responsibility for what the team does [ ]

4.Caring attitude towards each other [ ]

5.Pride in the organization [ ]

10. In your working environment, are you in an individual office or in one shared

with one or two other colleagues, or in an open plan office?

(1) Shared working space [ ] (2) Individual working space [ ] (3) open plan office

“hot desking” [ ] (4) Others [ ]

11. In what ways do the offices spaces in which you work have an effect on the

communication between you and your colleagues?

1.Helps me engage easily in conversation with them (1)Yes [ ] (2) No [ ]

2.Helps me assess their availability for communication(1)Yes [ ] (2) No [ ]

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3.Makes it easy for me to signal intention to communicate with them(1)Yes [ ] (2)

No [ ]

4.Makes easy transition from sighting colleagues to engaging them in

communication (1)Yes [ ] (2) No [ ]

5.Ensures timely opportunity for sharing information with them (1)Yes [ ] (2) No [ ]

12. How does the location of each department and offices affect communication in

the bank you work with?

1. Helps staff engage easily in conversation with each other (1) Yes [ ] (2) No [ ]

1.2. Helps staff to assess the availability of each other for communication (1) Yes [ ]

(2) No [ ]

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2.3. Ensures availability of a channel to signal intention to communicate (1) Yes [ ]

(2) No [ ]

3.4. Makes the transition from sighting others to engaging them in communication

easier (1) Yes [ ] (2) No [ ]

4.5. Ensures timely opportunity for sharing of information with other staff (1) Yes

[ ] (2) No [ ]

5.6. It has no effect at all (1) Yes [ ] (2) No [ ]

13. Rank the following equipment on a scale of 1-5 (with 1 = poor, 2= fair, 3=

average, 4= very good, 5=excellent), in terms of how most often used contact your

colleagues?

(1) Computers [ ] (2) Fax machines [ ] (3) Telephones [ ] others, specify ……

14. Rank the following communication media on a scale of 1-5 on how they are used

(with 1 = poor, 2= fair, 3= average, 4= very good, 5=excellent) in communicating

with your colleagues?

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(1) Memos [ ] (2) Meetings [ ] letters, emails, pro forma [ ] (3) others, specify …… [ ]

15. How often does the senior manager talk to you about the policies of the

organisation?

(1) Never [ ] (2) Sometimes [ ] (3) Once in a while [ ] (4) Always [ ]

16. Do you know the meaning of your company’s emblem (logo)?

(1)Yes [ ] (2) No [ ] (3) not sure

17. How often do you share your new ideas relating to work with your colleagues?

(1) Never [ ] (2) Everyday [ ] (3) Once a week [ ] (4) Once a month [ ] (5) Over a

month [ ]

17b. If every day, once a week/a month or over a month, through what means is it

mostly done (tick all that is applicable) Rank on a scale of 1-5 the degree to which it

is used (with 1 = poor, 2= fair, 3= average, 4= very good, 5=excellent)

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(1). The intranet (internally designed e-mail system for the organisation staffs) [ ]

(2.) General e-mail system [ ] (3) Fax machines [ ] (4) Telephones (5) Memos [ ] (6)

Meetings [ ] (7) newsletters [ ] (8) databases [ ] (9) others, specify ……………[ ]

18a. How often does your organisation share new information/ideas with members

of staff?

(1) Never [ ] (2) Everyday [ ] (3) Once a week [ ] (4) Once a month [ ] (5) Over a

month [ ]

18b. Through what means is this done? Rank on a scale of 1-5 (with 1 indicating

the least used and 5 indicating the most used)

Through (1) Newsletters [ ] (2) staff announcements [ ] (3) personal emails [ ] (4)

Internal Public address system [ ] (4) meetings [ ] (5) organisational seminars [ ] (6)

others, specify …………… [ ]

19. How often does your department have formal meetings that you attend?

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(1) Everyday [ ] (2) Every week [ ] (3) Every month [ ] (4) Once a quarter [ ] (5)

more than a quarter [ ]

20. How often are comments, concerns, and commendations from customer service

provision (external environment) shared with members of staff?

(1) Everyday [ ] (2) Every week [ ] (3) Every month [ ] (4) Once a quarter [ ] (5)

more than a quarter [ ]

21. Where do you prefer to talk to your subordinates about your work idea?

(1) Formal places (offices) [ ] (2) Informal places (outside the office) [ ] (3) Does not

matter [ ]

22. To what level do you think the involvement of social activities has helped

communication within the organisation?

(1) Not helpful at all [ ] (2) slightly helpful [ ] (3) No difference [ ] (4) Helpful [ ] (5)

Very helpful [ ]

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23a. Are there any work or exercise you do in groups?

(1) Yes [ ] (2) No [ ]

23b. If yes, how many hours does it lasts for?

(1)Less than 1 hours [ ] (2) 1-2hours [ ] (3) 3-4 [ ] (4) more than 4 hours [ ]

24. If you encounter any challenge at work who would you run to for assistance?

________________________________________________________

25. To what extent has your organisation been able to adapt to new technologies

(such as like the Global management Service Centre that facilitates integrated

exchange of information within and between branches of the organisation and

streamline management.

(1) Never [ ] (2) To a small extent [ ] (3) To an average extent (4) To a large extent

(5) Don’t know

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26a. To what extent are concerns like slow provision of services by banking

customers are quickly addressed by the bank you work with?

(1) Never [ ] (2) To a small extent [ ] (3) To an average extent [ ] (4) To a large

extent [ ] (5) Don’t know [ ]

26b. to what extent are concerns like slow provision of service from banking

customers used in making strategic decisions such as staff re-training on critical

skills for speed up service provision?

(1) Never [ ] (2) To a small extent [ ] (3) To an average extent [ ] (4)To a large

extent [ ] (5) Don’t know [ ]

You and your colleague have important knowledge about working in the Bank

(such as its core values, mission, vision, work ethics, line of communication,

innovations, and improving management framework). Often it is important to

share this knowledge between colleagues. Which of the following are important in

achieving this?

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Please circle as appropriate, your answers to the following questions as they relate

to the bank you work with.

Yes, to

a large

extent

Yes ,

on the

avera

ge

Yes,

to a

small

extent

Not

at all

Don’t

know

27.Individuals collaborate with others to

solve problems

1 2 3 4 5

28. Communication among team members is

effective and efficient

1 2 3 4 5

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Formatted: Heading 1

29. Employees feel that knowledge shared

within them is sufficient for the organisation

1 2 3 4 5

30. Colleagues trust each other within the

Bank

1 2 3 4 5

31. Performance methods (such as

Appraisals) are used to promote knowledge

sharing

1 2 3 4 5

32. Individuals feel they can personally gain

from information and knowledge sharing

1 2 3 4 5

33. Organisation knows more than its

competitors putting it at competitive

advantage

1 2 3 4 5

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34. Knowledge created and applied to

managing business activities is unique and

very difficult to imitate by others

1 2 3 4 5

35. Information technology is used as a tool

to improve the use of new knowledge more

efficiently

1 2 3 4 5

36. The technological and organizational

capabilities are well integrated to create,

share and apply knowledge.

1 2 3 4 5

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INTERVIEW QUESTIONS

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1. Can you tell me if your organisation has been increasing the knowledge assets of

its workers and systems? Can you cite some instances?

2 How does your organisation get to know about new information, and new

developments?

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3. What do you think are the greatest barriers or challenges to acquisition and use

of knowledge for productive opportunity in your organisation?

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