Organizations & Knowledge

Organizations & Knowledge

Introduction

This paper intends to explore about the way organizations tend to acquire or attain knowledge. knowledge-based intangibles such as technical know-how, product design, marketing presentation, understanding customers, personal creativity and innovation make the organizations successful in the long run. The purpose of this paper is to make the reader aware about the importance of attainment of knowledge for organizations.

Discussion

Knowledge for organizations can be created and transferred through the following methods;

Socialization: In this process, tacit knowledge will be transferred through social contact (communications and interactions) such as discussions, sharing experience, simulation, practice, observation and so on ...