A Theoretical Framework of Customer Knowledge Management (CKM) for Value Creation: A CKM Study integrating the Concepts of Customer Knowledge Management and Customer Engagement

By Amanda Lim, Luo Zhongwei and Louis Ma.

Published by Change Management: An International Journal

Format Price
Article: Print $US10.00
Published Online: September 29, 2015 $US5.00

Customer-Knowledge-Management (CKM) concept emerges as a crucial element for customer-oriented value creation. CKM is important for collecting, collaborating, compositing and communicating customer knowledge. The study provides a synthesis of CKM and Customer-Engagement (CE) literature to further our understanding of CKM for driving customer-oriented value-chain activities. The proposed “CKM for Value Creation” theoretical framework extends the relationships among brand-communities engagement, typical consumer-relationship-management activities and CKM values. 5C (Classification, Competence, Collaboration, Composition, Communication) knowledge aspects are reviewed for achieving CKM goals. Our findings are based on a literature analysis supplemented by a case study of the most popular smartphone brand in China (Xiaomi) with data retrieved from numerous sources such as news, scholarly publications, blogs, Fan-Pages, Xiaomi online communities and experience of Xiaomi fans. The lessons learnt suggest that organizational readiness of brand-communities engagement can be crucial to creating competitive advantages through CKM. This research is one of the earliest studies that add value to the integration of CKM and CE concepts under the theoretical framework of “CKM for Value Creation’. The research also provides practical insights and a framework for implementing value-added activities, and lays a foundation for the future CKM research.

Keywords: Customer Knowledge Management, Customer Engagement, Value Creation

Change Management: An International Journal, Volume 15, Issue 3, September 2015, pp.17-27. Article: Print (Spiral Bound). Published Online: September 29, 2015 (Article: Electronic (PDF File; 529.054KB)).

Dr. Amanda Lim

Postdoctoral Research Fellow, Institute of Industrial Economics, Chinese Academy of Social Sciences, Beijing, China

Prof. Luo Zhongwei

Professor, Institute of Industrial Economics, Chinese Academic Of Social Sciences, Beijing, China

Dr. Louis Ma

Acting Director, School of Continuing and Professional Education, City University of Hong Kong, Hong Kong, Hong Kong