Knowledge Risk Management for State-Owned Enterprises-Indian Scenario

Abstract

Knowledge risk management (KRM) has emerged as a mechanism for risk assessment and response associated with organizational knowledge. Evolution of KRM being in its infancy, it was decided to study KRM in state-owned enterprises (SOEs) where the implementation of KM too is rather underdeveloped. Idea was to use SOEs as platforms for KM practice and also study them in the context of KRM. SOEs are important contributors to GDP in countries like India and China, and this study aims to provide an exploratory insight into the KM and KRM practices in SOEs. The approach towards this chapter involved studying literature about KM models in India and elsewhere besides impact study of KRM and amelioration strategies. The chapter introduces new dimensions that ring-fence KM initiatives from the Risks and enhance sustainability of KM by contributing towards converting organizational ‘tacit knowledge’ to ‘explicit knowledge’ with the help of ‘Intra-organizational and Inter-Organizational Mentoring as a tool for transfer of knowledge’, ‘Benchmarking for transfer of knowledge about best practices prevailing in different organizations’, ‘Factors influencing KM in cross-organizational projects’ and ‘Employee Alumni as a KM tool’.