Knowledge management in Developing Nation

1. “KNOWLEDGE IS LIKE
PAINT
IT DOES NO GOOD
UNLESS IT IS APPLIED”
1

2. KNOWLEDGE
MANAGEMENT WITH
DEVELOPING NATION
RM Manahari Pemarathna
Master in Information System Management
University of Colombo

3. CONTENT
 Knowledge Management
 Importance of Knowledge Management
 KM + Developed countries
 Developing Nation
 Issues faced by Developing Nation
 KM + Developing Nation
 Suggestions
 Sri Lanka as developing nation
3

4. Which is the most suitable
resource to achieve
Economic Growth?
4

5. Knowledge Management
Knowledge+ Management
5

6. Cont.,
Knowledge Management is the process of the
creating, acquiring, distributing, sharing,
utilizing and preserving both explicit and tacit
knowledge in organizations to meet
organizational goal and objectives.
(Pradeep Kakuluwala,2011)
6

7. Why KM for country?
Economic Growth
7

8. Why KM for country cont.…
Innovation
Entrepreneurship
8

9. Why KM for country cont.…
Research &
Development
9

10. Why KM for country cont.…
Software and
product
development
10

11. Why KM for country cont.…
Social Well-being
11

12. Why KM for country cont.…
For Knowledgeable
Human
Better and faster
decision-making
Reduces resource
mismanagement
12

13. KM + Developed Country
 Accordingly KEI Index (2012)
Sweden (9.43)
Finland (9.33)
Denmark (9.16)
Netherlands (9.11)
Norway (9.11)
Switzerland (8.87)
(World Bank Institue,2012)
13

14. Cont..,
Four Pillars Economic
Incentive
Regime
Innovation Education ICT
Denmark 9.66 9.57 9.80 9.28
Netherlands 9.18 9.48 9.26 9.36
Norway 9.25 9.06 9.60 9.16
Finland 9.47 9.66 9.78 8.56
Sweden 9.18 9.79 9.40 9.69
Switzerland 9.50 9.89 7.69 9.52
14

15. Accordingly;
Global innovation index;
Denmark (58.39)
Netherlands (63.32)
Norway (52.63)
Finland (59.63)
Sweden (63.08)
Switzerland (68.40)
(World Intellectual Property organization, 2018)
15

16. Accordingly,
GDP of that country
Denmark ($62,041)
Netherlands ($54,129)
Norway ($ 82,773 )
Finland ($ 50,879)
Sweden ($ 54,135)
Switzerland ($ 85,157)
(International Monetary Fund (IMF),2019)
16

17. As an Instance Switzerland;
Poor with natural
resources
But;
Has knowledgeable
humans
Use new technologies
(cryptocurrencies)
High number of
innovations (68.40)
Spend 3% on R & D
17

18. Who are the Developing
Nations?
Nations that have;
 Low living standards
 undeveloped industrial
base
 low Human Development
Index (HDI)
18

19. 19
Developed Nation Developing Nation
Knowledge Divide

20. Issues faced by Developing
Nation
 Less access of
information.
 Low innovations, R & D
 Digital divide
 Information divide
 linguistic, technological,
attitudinal, socio-
economic and
geographical problems
20

21. Cont.,
 IT infrastructure problems
 Cultures and ethnic group issues
 Political issues
 Top management lacks interest in knowledge
activities
 Literacy problems (information literacy, computer
literacy and Internet literacy)
21

22. Cont.,
 Lack of professionals
 Economic, social and cultural features of a specific
nation have little impact on the application of
knowledge management policies and practices.
22

23. KM + Developing Nations
 Stimulating economic
growth
 Increase competitiveness
 Increase performance and
efficiency
 Stimulate innovation
 Good governance
 Informed Decision Making
process
23

24. Cont.,
 Modernization of political, educational and culture
of the country
 Avoid making similar mistake over and over again
 Reduce cost
 Reduce professionals go to foreign country
24

25. Suggestions
 Appropriate investment, policies,
institution on
Research & Development
Human Capital
Innovations
Information and Communication technology
25

26. Sri Lanka as a
Developing Nation
GDP Per Capita
GDP Growth Rate
$4102 USD(2018)
3.2%
Knowledge Economic Index 3.63
Global Innovation index 28.7
26

27. Why Sri Lanka still developing ?
 Internet is not used as best production tool
 Little investment in innovations (0.1%)
 Poor economic incentive regime
 Less research and publications
 Not associate with new technologies
 Political Leaders are not good decision makers
 Debt level is high (11.971 billion)
 Brain Drain
30

28. Suggestions to great future
Adding Benefits in KM
Investment on
 Efficient innovation system
 Research and development
 New technologies
Continuing Education
 Curriculum Development
 KM Contribute to school.
 That support to teachers to collect information and carry
Out there task effectively.
31

29. Cont..,
 Participation in professional organizations
 Increase Budget allocation for Responsible Areas
 Nominate well Educated political Leaders for Country.
 Create better public servant
 Developing ICT , playing an important part of KM.
32

30. Conclusion
 Define Knowledge Management
 Define developing countries
 Issues faced by developing country
 Importance of KM for developing countries
 KM in Sri Lankan context
33

31. References
 The Knowledge Economy - Why it is so important for Sri Lanka. (n.d.).
 Bangaladesh, L. U. (2019). Benifits of Social Knowledge Management in
Developing countries: Bangaladesh Context. Retrieved 2019, from
Userhub.
 Institute, W. B. (2012). Measuring Knowledge in the Words' Economies.
The World Bank.
 Jelenic, D. (2011). The importance of knowledge management in
organizations- with emphasize on the balanced scorecard learning and
growth persfectives. Management, knowledge and learning international
conference, (pp. 33-43).
 Kakuluwala, P. (2011, February 04). Knowledge Management is Key.
Retrieved April 10, 2019, from FT online- Daily FT: www.ft.lk 34

32. References cont..,
 L.V Malhan, A. G. (2003). Knowledge Management Problems in
Developing Country. Information Developement.
 Manuel Rincon, A. O. (2004). Knowledge Management in Developing
Countries: understanding an interpretivist approach. Proceedings of the
Tenth Americas Conference on Information Systems, (pp. 501-508). New
York.
 Morris, E. K. (2017, february 08). The importance of knowledge
Management. Retrieved April 10, 2019, from Pioneer Knowledge
Services.
 organization, W. I. (2018). Global Innovation Index 2018. cornell SC
Johonson college of Business.
35

33. References cont..,
 Pettinger, T. (n.d.). How to increase economic growth. Retrieved from
https://www.economicshelp.org/blog/4493/economics/how-to-
increase-economic-growth/
 Economic Growth vs Economic Development: Best 7 Differences. (2019,
July 06). Retrieved from https://www.educba.com/economic-growth-vs-
economic-development/
 Grayson, J. (n.d.). What is Knowledge Management? APQC. Retrieved
from https://www.apqc.org/what-knowledge-management
 Sri Lanka GDP From Services. (n.d.). Retrieved from
https://tradingeconomics.com/sri-lanka/gdp-from-services
36

34. Thank you
37