The Impact of Knowledge Vulnerabilities on Knowledge Risks

The purpose of this paper is to explore the impact of knowledge vulnerabilities on knowledge risks and to analyse their intricate connections within the knowledge management systems. It is a new topic in knowledge management which is requested by the accelerated process of digitalization and the exponential development of the AI programs. There is a lack of research in this area and efforts should be made to bridge the knowledge gap. The method we use is based on a critical analysis of knowledge vulnerabilities and knowledge risks within a generic organization and of designing tree-diagrams able to illustrate the connections between them, and the possible adverse consequences for the firm’s performance. The method of treediagrams has been extensively used in risk analysis of the complex technological systems of airplanes and nuclear reactors. Also, it is used in the risk management applied to other domains like climate change and earthquakes. It is the first paper to investigate these phenomena and to conceptualize such kind of diagrams.