Middle East College Transfer of Tacit Knowledge Discussion

WHY IS TRANSFER OF TACIT KNOWLEDGE ESSENTIAL? There is increasing evidence that tacit knowledge is “the important strategic resource that assists in accomplishing a task (Woo, 2004).” Here are some reasons why it is essential to uncover and transmit tacit knowledge in individuals, teams and organizations. If we are able to elicit both implicit and explicit knowledge from subject matter experts, we will be more prepared to help novices and intermediates build competence. We need to understand what contributes to an expert’s intuitive ability to solve problems, innovate, and make smart decisions. Thus, it is important that we find ways to access and encourage the transfer of tacit knowledge. Also, when people with expertise leave a job, the organization often loses critical tacit knowledge because it was not passed on to others. This knowledge gap can be costly and time-consuming or impossible to replace (Leonard, 2014). Organizations need ways to glean and disseminate the tacit knowledge of experts for their own preservation. Tacit knowledge transmission is essential to an organization’s future success. In addition, tacit knowledge is often embedded in an organization’s processes and procedures as a result of continuous improvements. Without an awareness of it, tacit knowledge can be overwritten and lost. To avoid this, it is important to raise awareness of the organization’s tacit knowledge store and make it explicit through knowledge management strategies. * *The source is duly acknowledged to ‘the learning coach’.

ANSWER TO WHY TRANSFER OF TACIT KNOWLEDGE IS ESSENTIAL? SUMMARISE THE ABOVE PASSAGE IN JUST 50 WORDS.

*** Words count = 50 words.

*** In-Text Citations and References using Harvard style.