Search results
Results From The WOW.Com Content Network
A study applies these dynamics and organizational sensemaking to analyze how people make sense of market and technology knowledge for product innovation. Innovative organizations have a system of sensemaking that allows actors to "construct, bracket, interpret, and rethink the right kinds of market and technology knowledge in the right way for ...
People try to make sense of organizations, and organizations themselves try to make sense of their environment. In this sense-making, Weick pays attention to questions of ambiguity and uncertainty, known as equivocality in organizational research that adopts information processing theory. Because the definition of equivocality is uncertainty ...
Organizational intelligence embraces both knowledge management and organizational learning, as it is the application of knowledge management concepts to a business environment, additionally including learning mechanisms, comprehension models, and business value network models, such as the balanced scorecard concept.
Frames provide people a quick and easy way to process information. Hence, people will use the previously mentioned mental filters (a series of which is called a schema) to make sense of incoming messages. This gives the sender and framer of the information enormous power to use these schemas to influence how the receivers will interpret the ...
In other words, individuals value particular organizational goals, such as service or autonomy, and seek the companies that have goals and values most congruent with their own. If individuals find the high level of congruency between personal and organizational goals and values, they are more likely to identify with that organization rather ...
A firm's investment in R&D then impacts directly its absorptive capacity. The more a firm invests in research and development activities, the more it will be able to fully appreciate the value of new external information. Cohen and Levinthal also stressed that diversity allows an individual to make "novel associations and linkages".
Sensemaking or sense-making is the process by which people give meaning to their collective experiences. It has been defined as "the ongoing retrospective development of plausible images that rationalize what people are doing" ( Weick, Sutcliffe, & Obstfeld, 2005, p. 409 ).
In his 2012 book Seeing the Big Picture, Business Acumen to Build Your Credibility, Career, and Company, Kevin R. Cope states an individual who possesses business acumen views the business with an "executive mentality", with the ability to comprehend how the moving parts of a company work together to make to ensure success, and how financial metrics like profit margin, cash flow, and stock ...