Journal of Economics and Business (JECOMBI)
Vol. 3 No. 03 (2023): Journal of Economics and Business (JECOMBI) : May 2023

Optimization of Knowledge Management to achieve Competitive advantage in the Hospitality Industry

Kawiana, I Gede Putu (Unknown)



Article Info

Publish Date
30 May 2023

Abstract

This study discusses the importance of optimizing Knowledge Management (KM) in achieving competitive advantage in the hospitality industry. The highly dynamic and competitive hospitality industry requires a careful approach in managing and utilizing knowledge effectively. The purpose of this research is to analyze how the implementation of KM strategy can improve service quality, operational efficiency, and differentiation in the hospitality industry . This research uses a qualitative approach with descriptive methods. Research findings reveal that aspects such as deep understanding of customers, strong relationships with stakeholders, accurate knowledge of products and services, and mastery of individual potential in organizations all play an important role in shaping unique experiences for customers, designing effective marketing strategies. , and create high-quality services. Through the implementation of an efficient KM system, hotels can combine this knowledge to win the competition in the dynamic hospitality industry.

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Journal Info

Abbrev

JECOMBI

Publisher

Subject

Chemistry Economics, Econometrics & Finance

Description

Journal of Economics and Business (JECOMBI) is a fully refereed (double-blind peer review) and an open-access online journal for academics, researchers, graduate students, early-career researchers and undergraduate students, published by SEAN ...