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Knowledge as a source of power in real estate organisations

Pemsel, Sofia LU and Blomé, Gunnar (2012) p.253-266
Abstract
Purpose: The purpose of the paper is to explore how knowledge contributes to value adding

activities within real estate organisations. More specifically, the study aims to investigate; (1)

how knowledge sharing activities are perceived in real estate organisations, (2) what motivates

individuals to share knowledge and what incentives are used to support them, and (3) if

employees in these organisations have experience of insufficient knowledge sharing activities

resulting in additional project costs.

Approach: The study includes a literature study and the findings from a questionnaire survey

of 71 representatives of real estate organisations in Sweden are presented.

... (More)
Purpose: The purpose of the paper is to explore how knowledge contributes to value adding

activities within real estate organisations. More specifically, the study aims to investigate; (1)

how knowledge sharing activities are perceived in real estate organisations, (2) what motivates

individuals to share knowledge and what incentives are used to support them, and (3) if

employees in these organisations have experience of insufficient knowledge sharing activities

resulting in additional project costs.

Approach: The study includes a literature study and the findings from a questionnaire survey

of 71 representatives of real estate organisations in Sweden are presented.

Results: Knowledge sharing activities were perceived to be insufficient between different subunits

in the organisation. Employees’ main motivation for learning was to achieve a good job for

their customers. Rarely did any of the organisations use incentives to increase knowledge sharing

activities. Almost every respondent acknowledged that a lack of knowledge and knowledge

sharing resulted in additional project costs: a majority rated it as 10% of total project cost.

Practical Implications: The contribution of the findings is an increased understanding of how

employees in real estate organisations perceived knowledge sharing between organisational

units. Sensible knowledge management can possibly facilitate the organisation’s ability to improve

its profitability. (Less)
Please use this url to cite or link to this publication:
author
and
organization
publishing date
type
Chapter in Book/Report/Conference proceeding
publication status
published
subject
keywords
Knowledge, Motivation, Construction projects, Real Estate Organisation, Profitability.
host publication
Facilities management research in the nordic countries: past, present and future
editor
Anker Jensen, Per and Balslev Nielsen, Susanne
pages
253 - 266
publisher
Polyteknisk Forlag
ISBN
9788750210337
language
English
LU publication?
yes
id
3d2149ff-b4e1-4af3-a044-ca1c0c376451 (old id 2539247)
date added to LUP
2016-04-04 10:16:39
date last changed
2018-11-21 20:57:50
@inbook{3d2149ff-b4e1-4af3-a044-ca1c0c376451,
  abstract     = {{Purpose: The purpose of the paper is to explore how knowledge contributes to value adding<br/><br>
activities within real estate organisations. More specifically, the study aims to investigate; (1)<br/><br>
how knowledge sharing activities are perceived in real estate organisations, (2) what motivates<br/><br>
individuals to share knowledge and what incentives are used to support them, and (3) if<br/><br>
employees in these organisations have experience of insufficient knowledge sharing activities<br/><br>
resulting in additional project costs.<br/><br>
Approach: The study includes a literature study and the findings from a questionnaire survey<br/><br>
of 71 representatives of real estate organisations in Sweden are presented.<br/><br>
Results: Knowledge sharing activities were perceived to be insufficient between different subunits<br/><br>
in the organisation. Employees’ main motivation for learning was to achieve a good job for<br/><br>
their customers. Rarely did any of the organisations use incentives to increase knowledge sharing<br/><br>
activities. Almost every respondent acknowledged that a lack of knowledge and knowledge<br/><br>
sharing resulted in additional project costs: a majority rated it as 10% of total project cost.<br/><br>
Practical Implications: The contribution of the findings is an increased understanding of how<br/><br>
employees in real estate organisations perceived knowledge sharing between organisational<br/><br>
units. Sensible knowledge management can possibly facilitate the organisation’s ability to improve<br/><br>
its profitability.}},
  author       = {{Pemsel, Sofia and Blomé, Gunnar}},
  booktitle    = {{Facilities management research in the nordic countries: past, present and future}},
  editor       = {{Anker Jensen, Per and Balslev Nielsen, Susanne}},
  isbn         = {{9788750210337}},
  keywords     = {{Knowledge; Motivation; Construction projects; Real Estate Organisation; Profitability.}},
  language     = {{eng}},
  pages        = {{253--266}},
  publisher    = {{Polyteknisk Forlag}},
  title        = {{Knowledge as a source of power in real estate organisations}},
  year         = {{2012}},
}