Tacit Knowledge

The concept of tacit knowing comes from scientist and philosopher Michael Polanyi. By definition, tacit knowledge is not easily shared. One of Polanyi's famous aphorisms is: "We know much more than we can tell." Tacit knowledge consists often of habits and culture that we do not recognize in ourselves. Friedrich Hayek attributed the birth of civilization to private property in his book The Fatal Conceit, which he saw as the basic necessity to create price signals. According to him, price signals are the only possible way to let each economic decision maker communicate tacit dispersed knowledge to each other, in order to solve the economic calculation problem. There are many implications for organizational learning and knowledge management, including:
  • The difficulty inherent in tacit knowledge transfer is that subject matter experts and key knowledge holders may not be aware--hence, unable--to articulate, communicate and describe what they know. Thus, tacit knowledge can be a sustainable competitive advantage.
  • Tacit knowledge is embedded in group and organizational relationships, core values, assumptions and beliefs. It is hard to identify, locate, quantify, map or value.

External links

 

<< PreviousWord BrowserNext >>
xvros
data codes for switzerland
list of puerto rican rums
jostein gaarder
canton of zug
john thomas
urban trad
aswini
parjanya
prithivi mata
misiones province
puntland
romsdal
johrei
dormancy
bartolomeo eustachi
eustachian tube
list of politics by country articles
gabriele falloppio
giovanni filippo ingrassias
jean fernel
ruble
east china normal university
pollination
muslims in britain
insecurity
rational unified process
phantom zone
serissa
borwein's algorithm (others)
cryoelectronics
list of korea related topics
eurovision song contest 2004
claudia beni
spherical earth
david bronstein
world geodetic system
chiton
peruvian apple cactus
history of geodesy
nach dir, herr, verlanget mich
figure of the earth
royal flying corps
list of greek phrases