Relationship between Knowledge Management and Firm Performance of Geospatial Firms in Kenya
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Abstract
Purpose: The purpose of this study is to determine the relationship between knowledge management competence and firm performance of Geospatial firms in Kenya. This study was anchored on the McKinsey 7S Framework Model.
Methods: This study adopted the principles of positivism philosophy. A descriptive research design was adopted by the study. The study’s target population included 95 Geospatial companies in Kenya. Since the target population is small the study adopted a census survey to include all the population in the sample. Both primary and secondary data was used in the study. The primary data was collected from the direct replies got from the top management of the Geospatial companies through use of structured questionnaires. Descriptive and inferential statistics were used to analyze the secondary data. Multiple regression analysis was used to test the hypothesis.
Findings: The results of showed that knowledge management positively and significantly impacted firm performance of geospatial firms in Kenya.
Conclusion: The study concludes that knowledge management an instrumental in enhancing performance of Geospatial firms in Kenya. Therefore the study recommends of Geospatial firms to be in fore front of implementing Knowledge Management so as to achieve optimum firm performance.
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