Critical factors in adopting a knowledge management system for the pharmaceutical industry

Yu‐Chung Hung · Shi‐Ming Huang · Quo‐Pin Lin

271 citations0/0 files storedIndustrial Management & Data Systems

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Knowledge Management and Sharing Innovation and Knowledge Management Knowledge Management and Technology

Abstract

Purpose The objective of this study is to discuss the critical success factors involved in implementing a knowledge management system (KMS), in order to enhance a firm's competitiveness, while keeping costs to a minimum. Design/methodology/approach Based on field studies and a literature review, this study outlined 32 variables in the implementation of a KMS. The research targets were on members of the Taiwan Pharmaceutical Marketing and Management Association (TPMMA). Out of the 355 questionnaires sent, 98 valid questionnaires were returned, resulting in a valid return rate of 27.6 percent. Findings After completing the statistical analysis, seven factors were determined to be critical: a benchmarking strategy and knowledge structure; the organizational culture; information technology; employee involvement and training; the leadership and the commitment of senior management; a learning environment and resource control; and evaluation of professional training and teamwork. Research limitations/implications This paper chooses members of TPMMA as research targets; thus, to apply this study to other than pharmaceutical industries requires further research. Practical implications Strategy and organizational culture are important in the adoption of a KMS. This study has determined that the pharmaceutical industry has paid special attention to benchmarking strategy. Adopting a KMS can be easy with a core department to maintain proper function of the system. However, companies should utilize the intangible assets available through a KMS to attain full participation from the employees to ensure the success of implementing an effective KMS. Originality/value This paper identifies critical factors in adopting a KMS for the pharmaceutical industry. That can offer pragmatic indication for those companies intent on introducing a KMS.

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References

2001Review : Knowledge Management and Knowledge Management Systems: Conceptual Foundations And Research Issues1,2 1958The Varimax Criterion for Analytic Rotation in Factor Analysis 1998SUCCESSFUL KNOWLEDGE MANAGEMENT PROJECTS 1998If Only We Knew What We Know: Identification and Transfer of Internal Best Practices 2001Knowledge management in organizations: examining the interaction between technologies, techniques, and people 1997Factors Affecting the Adoption of Open Systems: An Exploratory Study1 1984An assessment of critical success factors 1997Knowledge management: A strategic agenda

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