Knowledge-Based Management and Talent Management as Efforts to Increase the Economic Value-added of Universities
With economic developments in the global era, universities are required to be able to increase their efficiency and effectiveness in the face of increasingly sharp business competition. The application of knowledge management and talent management to lecturers is considered as one of the factors that can make a significant contribution to achieving value-added for universities in the minds of consumers. This study aimed to explore the use of knowledge management (KM) and talent management (TM) in increasing the economic value-added of universities. The research method used was an explanatory survey method or, also known as explanatory research. The selection of research samples was done using the purposive sampling method and the samples used were non-probability samples which were selected based on the population characteristics and the research objectives. The data analysis technique used in this study was the interaction model of Miles and Huberman. The results of the study found that one of the identified knowledge development challenges is the difficulty of extracting the lecturers' tacit knowledge. There is resistance from some lecturers to share their knowledge, talents and experiences because they are worried that they will lose their position.