Document Type : Research Paper
Authors
1 Tarbiat Modares University
2 Professor at Tarbiat Modares University
3 Assistant Professor, Tarbiat Modares University
Abstract
In today's competitive landscape, knowledge-based value management is vital for enhancing organizational sustainability. This strategic approach utilizes existing knowledge to improve performance and create sustainable value, fostering long-term competitive advantage. This study employs structural equation modeling to explore the impact of knowledge-based value management on organizational sustainability, with employee participation as a key mediating factor.
Conducted through a positivist approach, the research involved both library and field studies, focusing on branches of the Tourism Bank of Iran. A sample of 165 participants was selected using simple random sampling based on Morgan’s table. Data collection utilized three questionnaires: Knowledge-Based Value Management (20 items), Employee Engagement (18 items), and Organizational Sustainability (18 items). Content validity was confirmed by experts, and reliability was assessed using Cronbach’s alpha.
Data analysis was performed using structural equation modeling (SEM), Pearson correlation tests, ANOVA, and regression analysis, with LISREL software for computations. Results showed that dimensions of knowledge-based value management—knowledge identification, auditing, value identification, and realization—accounted for 92% of the variance in organizational sustainability. A significant positive relationship was found between organizational sustainability and employee participation (r=0.938, p=0.000), as well as between knowledge-based value management and employee participation (r=0.935, p=0.000).
Path analysis indicated that these dimensions influence sustainability directly and through employee participation, which enhances mechanisms like collaboration and motivation. Thus, employee participation is crucial in mediating the relationship between knowledge-based value management and organizational sustainability, emphasizing the need for organizations to adopt this approach for sustainable growth.
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