Understanding the relationship between Risk Management and Knowledge Management: a literature review and extension

Understanding the relationship between Risk Management and Knowledge Management: a literature review and extension

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Article ID: iaor20111813
Volume: 4
Issue: 3
Start Page Number: 281
End Page Number: 300
Publication Date: Jan 2010
Journal: International Journal of Knowledge Management Studies
Authors: , , ,
Keywords: risk, management
Abstract:

Risk Management (RM) and Knowledge Management (KM) have mostly been treated as separate management philosophies. Some research has been conducted to apply the principles of KM in establishing RM plans. To a lesser extent, research has been conducted to apply the philosophies of RM to identify knowledge gaps and maintain corporate knowledge. More research is needed to further understand the links between the two philosophies and how they can be synthesised to increase success. The two management philosophies are complementary and principles of both can be combined in a comprehensive manner to benefit both academia and industry.

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