4/2/2024 0 Comments Scrivener license key redditKnowledge is typically used in this manner to achieve increased employee performance, enhanced competitive advantage, and continuous organizational improvement. The overall goal of knowledge management is to help an organization reach its objectives by making the best possible use of the knowledge that is available. Knowledge Management can be briefly defined as the process in which knowledge is created, shared, and used within an organizational structure by managing the flow of information within the organization. This is because individuals will know the best ways for the information to be disseminated, based on its nature. An example of this would be, knowing how to play the guitar.īeing able to break down information and knowledge into different categories makes it much easier for that knowledge to be further developed and disseminated within an organization. Tacit Knowledge: Knowledge that you gain from individual experience and is therefore difficult to transmit to others. An example of this would be the sales process for a business, which sales staff would have to follow. These types of knowledge, their definitions, and some examples of these types of knowledge can be found below.Įxplicit Knowledge: Knowledge that can be easily shared, either through the written or verbal form. These definitions were initially created by Michael Polanyi in 1958. One of the most well-known and commonly used methods for identifying knowledge is to break down knowledge into two different categories, each with its own characteristics. This can be quite a tricky question because there are multiple definitions from scholars and business owners on what knowledge actually is.
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