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In the field of knowledge management, the concept of tacit knowledge refers to knowledge that cannot be fully codified. An individual can acquire tacit knowledge without language. Apprentices, for example, work with their mentors and learn craftsmanship not only through language but also by observation, imitation, and practice.
Externalization (Tacit to Explicit) – Externalization is the process of making tacit knowledge explicit, wherein knowledge is crystallized and is thus able to be shared by others, becoming the basis of new knowledge. At this point, personal tacit knowledge becomes useful to others as well, because it is expressed in a form that can be ...
Tacit knowledge comprises a range of conceptual and sensory information that is featured with strong personal subjectivity. It is implicitly reflected in human actions; as argued by Polanyi, "tacit knowledge dwells in our awareness". [2] People's skills, experiences, insight, creativity and judgement all fall into this dimension. [7] Tacit ...
As first described by Michael Polanyi, tacit knowledge is the knowledge of procedures. [33] It is a personal type of knowledge that cannot be shared simply through written or verbal communication. It is learned mostly through experience over time. For example, Toyota transfers tacit knowledge whenever it opens a new assembly factory.
In business terms, tacit knowledge is a passive misnomer for active sharing of knowledge to make an organization more effective. Training programs, for instance, cannot be limited to a source-recipient model, and should leverage mutual exchanges across generations.
Nowadays ability to simulate rich, interactive, face-to-face knowledge is the key factory to use knowledge management as a part of decision making in B2B business. Bias influenced according to the veil of ignorance of decision making, for one to make a sound choice they have to separate themselves from what they know so as not to be biased.
In 2008, the Wall Street Journal listed him as one of the most influential persons on business thinking, [5] and The Economist included him in its "Guide to Management Ideas and Gurus". [6] Nonaka also proposed the SECI model, to present the spiraling knowledge processes of interaction between explicit knowledge and tacit knowledge. SECI is ...
Tacit knowledge, as distinct from explicit knowledge, is an influential term developed by Polanyi in The Tacit Dimension [18] to describe among other things the ability to do something without necessarily being able to articulate it: for example, being able to ride a bicycle or play a musical instrument without being able to fully explain the ...