Exploratory Factors Analysis of Increasing Organization Achievement with Knowledge Management in Industrial Business Sector

Abstract

This research aims to 1) explored the ways to increase organizational achievement and 2)analyzed factors for increasing organizational achievement by knowledge management in industrial business sector. The sample was 500 of administrators who is responsible for knowledge management in organization. A research tool was a questionnaire. Data was collected by interview method. The statistics used for data analysis were percentage, mean, standard deviation, factor analysis, and correlation.

The results can be summarized as followed; 1) Kaiser-Meyer-Olkin Measure of Sampling Adequacy (KMO) was 0.849  2) four factors were extracted including Knowledge acquisition, Knowledge development and replenishment, Knowledge storage and application, and Knowledge transfer and sharing and 3) the overall picture of an importance for increasing organizational achievement by knowledge management in industrial business sector was in high level. When consider by aspect, Knowledge storage and application had highest score, followed by Knowledge development and replenishment, Knowledge acquisition, and Knowledge transfer and sharing, respectively. 4) correlation coefficient analysis found that there were 404 pairs interrelated statistically significant at the level of .001, 31 pairs interrelated statistically significant at the level of .01, and 20 pairs interrelated statistically significant at the level of .05. The strongest interrelationship was the relationship between regularly news update and regularly review the knowledge that can reduce errors and mistakes at correlation value 0.660.