Production efficiency to increase competitiveness: Focus on knowledge management and value co-creation

Abstract

Purpose

This paper aims to review the latest management developments across the globe and pinpoint practical implications from cutting-edge research and case studies.

Design/methodology/approach

This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context.

Findings

Increased production efficiency and firm performance is attainable for organizations that closely engage with partners and other stakeholders to co-create value. Knowledge management plays a crucial role but requires various potential barriers to be identified and addressed in order to generate desired outcomes.

Originality/value

The briefing saves busy executives, strategists and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy-to-digest format.

Citation

(2023), "Production efficiency to increase competitiveness: Focus on knowledge management and value co-creation", Strategic Direction, Vol. 39 No. 3, pp. 18-21. https://doi.org/10.1108/SD-01-2023-0009