*** No less than 400 words** 3. Knowledge may be categorized as explicit or taci
ID: 385074 • Letter: #
Question
*** No less than 400 words**
3. Knowledge may be categorized as explicit or tacit. Explicit knowledge is easily documented and readily communicated. Tacit knowledge is less formal and is embedded in people's heads and in a firm's processes. The transfer of tacit knowledge requires close working relationships and a high degree of trust. Strategic alliances facilitate the transfer of tacit knowledge. Alliances expose people to new ideas from outside firms and may encourage them to challenge old programs in their own firms that are becoming obsolete. In some cases, certain types of knowledge may be available from only one source. If an acquisition is unfeasible, then a strategic alliance might be the only available means to obtain that tacit knowledge. One of the key challenges for fims involved in strategic alliances is ensuring that complex, tacit knowledge needed to develop critical new capabilities is absorbed from the alliance partner. Once individuals involved in an alliance leam these new capabilities, it is then essential that this knowledge is appropriately dispersed throughout the parent organization. Utilizing the textbook for guidance and the LIRN database for research, identify an organization that has successfully built a strategic alliance for the purpose of attaining tacift knowledge and the methods they used in establishing organizational procedures to facilitate this knowledge transfer. (Lesson 21)Explanation / Answer
Higher education organizations are successful in building strategic Alliance based on tactical knowledge. Research and de elopement is used successfully for this purpose. The purpose is to boost innovation and achieve successful operational excellence.
There is a stress of organizations like higher institutions for crossing the disciplinary boundaries.
The effect of fast owned economy is higher on the educational institutions. There is strong emphasis on higher demand for educational services.
Another organization that has successfully established strategic alliance for the purpose of attaining tacit knowledge and the methods used is for facilitating knowledge transfer is IBM.
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