Clark Construction Group Essay Example | Topics and Well Written Essays - 500 words

Clark Construction Group - Essay Example Knowledge sharing (K-sharing), moreover, can result from the formation of communities of practice that can derive and share critical knowledge for making important strategic decisions (Dalkir & Liebowitz, 2011, p.4). Knowledge management (KM) is important for examining the external competitive environment of Clark Construction Group, LLC (CCG). CCG has a century of experiencing in construction, particularly in building landmarks. It has already built a number of important structures such as the Boston Convention and Exhibition Center, Dulles International Airport, and FedEx Field, the home base of the Washington Redskins. Clark Construction is involved in offering consultancy services to commercial, institutional, and heavy construction customers. It can give construction management, design/build, and general contracting services. It can build convention centers, sports facilities, production plants, water treatment plants, highways and bridges, and high-rise apartments. KM is significant for CCG because the more that it knows about its customers, products, technologies, competitors, markets, and their connections, the more that it can perform better. Linking knowledge management and business strategy, however, is a difficult process that requires a strong link between KM theories and KM practices (Baskerville & Dulipovici, 2006). Not all executives are effective in expressing the connection between their companies’ intellectual sources and skills and the firm’s competitive strategy. With a wide portfolio and high number of employees, CCG faces the difficulty of creating an effective organization-wide K-sharing system. CCG should develop strategic models that help link its knowledge resources, technologies, and processes to business strategy through using pragmatic KM theories for knowledge management to be pragmatic, theoretically-sound