Total interpretive structural modelling (TISM) and MICMAC approach in analysing knowledge risks in ICT-supported collaborative project

Abstract

Purpose As emphasised by the theory of knowledge-based view, knowledge constitutes the basic element for a firm’s competitive advantage. Consequently, a firm’s knowledge at risk could have an adverse effect on its performance. In this regard, this paper aims to investigate potential knowledge risks present in an (ICT)-supported collaborative project and establishes inter- and multi-relationships among these risks. Design/methodology/approach In this paper, an integrated approach using the total interpretive structural modelling (TISM) technique and MICMAC analysis is implemented to determine the hierarchical inter-relationships among knowledge risks and classify them according to their driving and dependence power. Findings The result reveals seven knowledge risks. The analysis establishes cybercrime and espionage as high drivers of knowledge risks in an ICT-supported collaborative project. Further, a comprehensive model is developed showing the hierarchical structure and multi- and inter-relationships among the analysed risks. Practical implications From a practical viewpoint, the proposed model in this study will be of great importance to practitioners because it highlights the most prominent knowledge risks in an ICT-supported collaborative project. Additionally, it will provide a clue for effective knowledge risk management in a systematic approach. Originality/value To the best of the author’s knowledge, this is one of the first studies to use both the TISM technique and MICMAC analysis to identify and classify knowledge risks in an ICT-supported collaborative project.

Sustainability reporting for boosting national commitment and overcoming challenges: A hierarchical model

“…To refine the study, this list of factors was shared with experts to solicit their feedback. The input of experts was consistently sought to ensure consensus and the finalization of a list of factors that are both theoretically and practically robust (Foli, 2022). This process involved merging, adding, or removing components based on their relevance and applicability to the study.…”

“…This iterative approach is a commonly adopted methodology in similar research contexts (Dubey et al, 2017; Kaur et al, 2019). This is instrumental in ensuring the research findings are robust, credible, and informed (Foli, 2022; Sahoo & Thakur, 2023).…”

Critical success factors for the implementation of urban regeneration REITs in China: a TISM–MICMAC based approach

“…In existing studies, numerous research techniques have been introduced to explore the relationships among factors and structures in a system (Foli, 2022). In this study, TISM technique is implemented to explore the inter-and multi-relationships among CSFs for urban regeneration REITs (Jena et al, 2017), and develop a hierarchical relationship model for them.…”

“…This study aims to address the aforementioned theoretical and methodological research gaps by investigating critical success factors (CSFs) for the implementation of urban regeneration REITs in China. To achieve the research goals, the proven effective and feasible techniques of total interpretive structural modeling (TISM) and matriced impact croises multiplication applique (MICMAC) are employed in this study, which have been widely adopted in various management fields (Gardas et al, 2019;Azadnia et al, 2021;Foli, 2022;Poonia et al, 2022). Specifically, using TISM-MICMAC based approach, this study is a novel attempt to explore the inter-and multi-relationship among CSFs, and demonstrate the hierarchical structure and influence transmission paths of the system.…”

“…Secondly, based on the TISM-MICMAC based approach, this study is a novel attempt to explore the inter-and multi-relationship among CSFs for urban regeneration REITs, and to demonstrate the hierarchical structure and influences transmission paths of the system. Meanwhile, there are no existing studies on urban regeneration REITs using the TISM technique; this study is therefore the first to employ this proven feasible methodology (Mohanty, 2018;Kumar et al, 2019;Azadnia et al, 2021;Foli, 2022).…”