Knowledge Management and Organisational Performance in selected Foam Manufacturing Firms in Lagos State, Nigeria

The study examined the impact of knowledge management and organisation performance in selected foam manufacturing firms in Lagos state, Nigeria. The study made use of survey research design to obtain information from the staff of Vita-foam Nigeria Plc. and Mouka Limited. The population of the study...

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Bibliographic Details
Published in:Economic insights, trends and challenges trends and challenges, 2024-03, Vol.2024 (2), p.73-88
Main Authors: Onikoyi, Idris Adegboyega, Fetuga, Omoshalewa Maryam, Odeh, Callistus Destiny, Onaolapo, Opeyemi Samuel
Format: Article
Language:English
Subjects:
Competitive advantage
Efficiency
Hypotheses
Knowledge management
Management training
Manufacturing
Productivity
Success
Workforce
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Summary:The study examined the impact of knowledge management and organisation performance in selected foam manufacturing firms in Lagos state, Nigeria. The study made use of survey research design to obtain information from the staff of Vita-foam Nigeria Plc. and Mouka Limited. The population of the study was the 792 staff of Vitafoam Nigeria Plc. Ikeja, and Mouka Limted, Ikeja, Lagos State, Nigeria. The study made use of simple random sampling technique. Result of the first hypothesis showed the R2 value of 0.608 which means that knowledge management technology variables have positive influence on workforce effectiveness. Also, findings of the second hypothesis showed an R2 value of 0. 660 which means that knowledge management strategy variables have positive influence on workforce effectiveness. In addition, findings of hypothesis three showed that R2 value = (0. 791) which means that knowledge management training variables have positive influence on workforce effectiveness. Finally, hypothesis four resulted in an R2 value of 0.734, indicating a favorable impact of knowledge application factors on workforce efficiency. The research ultimately establishes that variables such as knowledge application, training in knowledge management, the strategic approach to knowledge management, and the utilisation of knowledge management technology all exhibit statistically significant relationships with workforce effectiveness. The research suggests that it would be beneficial for business organisations to adopt different knowledge management approaches. These approaches are valuable as they provide guidance on effectively overseeing and consolidating a company's information, data, and expertise, leading to enhanced productivity and efficiency.
ISSN:2284-8576
2284-8584
DOI:10.51865/EITC.2024.02.06