Creating Mathematical Models to Help Formulate Company Strategies for Knowledge Management System Implementation

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Wahyu Sardjono, Widhilaga Gia Perdana, Dewi Sagita Pranata

2024 Proceedings of 2024 International Conference on Information Management and Technology, ICIMTech 2024 Conference paper Cited by 0 Quartile

Abstract

This research aims to build a mathematical model to formulate the problems of implementing knowledge management systems in companies that often face obstacles in achieving the desired objectives and goals. With increasing competition in the business sector, organizations or organizations realize the importance of utilizing the knowledge assets that reside in each individual and organization. If this knowledge can be managed optimally, it can become a competitive advantage for the company due to the emergence of innovative ideas by the concepts of knowledge management theory. By implementing optimal knowledge management (KM), companies can design innovative solutions to improve business operations and increase overall revenue. The factor analysis method will be used to find the determining factors for the success of the implementation of knowledge management systems (KMS) and the regression analysis method will also be used to form a mathematical model of several new factors which are formed as independent variables with the current level of community understanding of KMS as the dependent variable. The research results provide insight into strategies to improve success factors to successfully facilitate KMS implementation. This study contributes to existing knowledge management by providing insight into dynamics that go beyond the technical aspects of KMS, ultimately developing strategies for more effective and efficient utilization of knowledge and organizational growth and supporting competitive advantage for companies. © 2024 IEEE.

Affiliations

BINUS Graduate Program Master of Information Systems Management, Bina Nusantara University, Information Systems Management Department, Jakarta, 11480, Indonesia; Post Graduate Program of Management Science, State University of Jakarta, Jakarta, 13220, Indonesia; King's College London, Cyber Security Studi Program, Faculty of Natural, Mathematical & Engineering Sciences, Department of Informatics, Strands, West Minster, WC2R 2LS, United Kingdom

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