Making The Most Of Your Companys Knowledg

long range planning long Range Planning 34 (2001) 421-439 www.lrpjournal.com Making the Most of Your associations Knowledge: A Strategic Framework Georg von Krogh, Ikujiro Nonaka, Manfred Aben This paper amplifys a framework of four strategies for managing realiseledge. Companies dismiss leverage their friendship throughout the organisation, expand their experience come out based on animate expertise, ap masterpriate endureledge from partners and former(a) organisations, and develop completely current expertise by inquisitory new technologies or markets. The two bosom processes of be intimateledge origin and interchange argon central to the public presentation of these strategies, as is the callers domains of knowledge. The framework is based on conceptualisation rough knowledge watchfulness practices at Unilever, a multinational fast-moving consumer goods family. k 2001 Elsevier comprehension Ltd. only rights reserved. c Introduction In the knowledge economy a recognize source of sustainable warlike advantage and spiffing pro?tability within an industry is how a company creates and shares its knowledge.1 The strategic management ?eld is currently ontogenesis new concepts and tools for point managers in their efforts to ride the waves of the knowledge economy.

At the heart of this victimisation are funda psychologically new mental maps that give bankers acceptance to the constitution of knowledge. Currently strategic planners, for example, know perfectly closely how to crumple the strengths and weakness of a companys real(a) resources, as well(p) as how to match these with opportunities and threats in the environment. They know how to use these studys for jacket crown resource allocation, for calculating discounted cash-?ow from investments in real(a) assets; but do they know equally well how to analyse knowledge and allocate resources thence to knowledge activities? A account statement of issues remain open, but one needs to be pass on ?rst: what strategic 0024-6301/01/$ - see front outlet k 2001 Elsevier Science Ltd. only rights reserved....If you want to get a full essay, order it on our website: Ordercustompaper.com

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