Knowledge Creating Company
The Knowledge–Creating Company Introduction Part 1 : Explanation of the key terms 1. Importance of knowledge to a company • Harness employees’ abilities • Create innovation • Focus on the knowledge which is essential to create a SCA 2. What is knowledge? ... There are 2 types of knowledge: a. Tacit knowledge : Is knowledge where you can gain by observing something or someone; in other way: it also means “Understood without being said” It usually based on Intuition, Hunches or feeling and highly personal. ... Explicit knowledge : Is formal and systematic, it can be easily communicated and shared. ... Part 2 : Interaction of Knowledge 3. Interaction of different knowledge types Interaction of knowledge Tacit Tacit Tacit Explicit Explicit Tacit Explicit Explicit a. Tacit Tacit Sometimes, one individual shares tacit knowledge directly with another. ... Explicit Explicit An individual can also combine discrete pieces of explicit knowledge into a new whole Example : financial report c. Tacit Explicit Use an individual knowledge to utilize it as a “Best Practice” in a group of people or organization.