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Einstein famously remarked that the most important part of teaching isn’t the imparting of facts and figures, but rather the tacitknowledge that is often key to truly mastering a topic. It’s a notion that new research from the Kellogg School of Management shows is also key to successful mentoring.
Gaining a fresh perspective on things is often at the heart of innovation as it allows us to apply our existing knowledge in new circumstances. New research from the Rotterdam School of Management, Erasmus University (RSM) highlights that we can get a similar boost just by moving employees between company sites.
Boomerangs were especially effective in jobs that required a high level of administrative coordination, such as project management, and in jobs where strong interpersonal skills were required. This tacitknowledge helps them to understand how the organization functions and the key relationships required to get things done.
This can be achieved by the provision of bite-sized learning, whether via tuition, mentoring, or learning from our peers in the kind of tacitknowledge exchange that has been the bedrock of knowledgemanagement for decades.
Is your company investing in expensive knowledgemanagement systems that are useless for making big, strategy decisions? The problem is that most current knowledgemanagement efforts merely inventory the company's knowledge, without parsing out the knowledge that is strategically relevant.
Many firms struggle to exploit the innovation potential of their global networks. That's partly because they manage global projects like traditional ones. But single-location projects draw on a reservoir or shared tacitknowledge and trust that global projects lack.
Many firms struggle to exploit the innovation potential of their global networks. That's partly because they manage global projects like traditional ones. But single-location projects draw on a reservoir or shared tacitknowledge and trust that global projects lack.
Since knowledge assets do not each exist in isolation from one another, a powerful strategic opportunity lies in binding your tacitknowledge assets to your structured knowledge. Your ownership of the resulting unique knowledge network generates the rent.
Last Monday, the ManagementInnovation Exchange announced the winners of the first MBA M-Prize, which I wrote about some months ago. From 114 entries (or hacks) that offered proposals for correcting flaws in current management practice, the judges initially narrowed down the field to seven finalists.
Even organizations that remain headquartered in other cities have set up innovation outposts there in the hope that high-tech silicon dust will rub off on them. Setting up innovation outposts in global technology clusters, such as Silicon Valley, Boston, and Tel Aviv, is highly popular among Fortune 500 corporations. Related Video.
Second, to fully appreciate the forces at work in executive education, we need to complement this view with another body of theory from knowledgemanagement. Education is basically that — knowledge sharing. We called it a codification strategy to knowledge sharing. Nitin Nohria, Tom Tierney (then-CEO of Bain & Co.)
Further, algorithms cannot (yet, anyway) tap intuition — the soft factors that are not data inputs, the tacitknowledge that experienced managers deploy every day, nor the creative genius of innovators. So what should managers, especially leaders, do? This is the key insight smart managers really seek.
Further, algorithms cannot (yet, anyway) tap intuition — the soft factors that are not data inputs, the tacitknowledge that experienced managers deploy every day, nor the creative genius of innovators. So what should managers, especially leaders, do? This is the key insight smart managers really seek.
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