Nobody downloaded yet

Know-How and Knowledge Intensive Organizations - Essay Example

Comments (0) Cite this document
Summary
Know-how and Knowledge Intensive Organizations Name: Course Name Date The ‘invisible balance sheet’ and ‘welcome to the knowledge organization’ are both business books that have been written by Sveiby, the former in 1997 and the latter in 1999. There are similarities and differences in the sentiments that have been expressed in both books with others on the same topic…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER98.6% of users find it useful
Know-How and Knowledge Intensive Organizations
Read TextPreview

Extract of sample "Know-How and Knowledge Intensive Organizations"

Download file to see previous pages These are the ones who the organization relies the most for problem solving. Sveiby suggests that there comes a point in the organization’s life cycle when the professional transfer their knowledge to other system for the sake of the organization’s growth. The author suggest that at this point, the organization is not reliant so much on the professionals as their knowledge has been transferred into other systems where those who are less skilled can still be trusted to do the jobs as the system guides them. An example is an accounting firm where the professionals pool their knowledge in an information system where the less skilled personnel will just do the heavy lifting involving inputting data and the program does the rest. Whereas this may be true for an accounting firm, the same cannot be applied in the production of a book where the professional must be on hand because what the apprentices print is not always the same. In the book ‘Human Capital and the Balance Sheet,’ the author defines the value of human capital as one that should not be underestimated. In many ways, the author recognizes that the value of the human capital could wane meaning that the person will not be worth as much as he was but the circumstances differ with some having remedies. Sveiby notes that the pooling of knowledge in the information systems can make some experts redundant. In the same breathe, Washer and Nippani note that it is only possible in four scenarios: the death of the professional, disability, compulsory retirement and voluntary retirement (Washer & Nippani 2004, p. 16). Death and disability can be either fully or partially hedged by taking out a life insurance policy while retirement could either be accompanied by the full value of the human capital in case it is voluntary or a partial value of the capital if it is compulsory. The authors concede that organizations do not usually recognize the full value of the human capital. While it is possible for a conventional balance sheet to reflect a decline in profits; for example from $200,000 to $100,000, the difference can be very minimal considering that the value of the human capital will inevitably have increased in this period from the experience garnered. Welcome to the Knowledge Organization versus On the Nature of Knowledge-Intensive Organizations: Strategy and Organization in the New Economy The book ‘Welcome to the Knowledge Organization’ is focused on the management of knowledge throughout the organization. It refers to the knowledge based organizations as being learning organizations. Here, the author states that knowledge has to be shared for the organization to grow. This book clearly focuses on the need for there to be a pool of knowledge in the organization that can assist it to grow. It refers to the leaders in the knowledge intensive organizations as being in charge of learning as they ensure that the experts push themselves in the generation of better ideas while ensuring that this knowledge gained is shared with the other employees. Most organizations hire employees and then train them in the specific line of work that they expect them to be in. the knowledge int ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Know-How and Knowledge Intensive Organizations Essay”, n.d.)
Know-How and Knowledge Intensive Organizations Essay. Retrieved from https://studentshare.org/business/1441377-integrative-strategic-workshop-and-business
(Know-How and Knowledge Intensive Organizations Essay)
Know-How and Knowledge Intensive Organizations Essay. https://studentshare.org/business/1441377-integrative-strategic-workshop-and-business.
“Know-How and Knowledge Intensive Organizations Essay”, n.d. https://studentshare.org/business/1441377-integrative-strategic-workshop-and-business.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Know-How and Knowledge Intensive Organizations

Human resource management challenges in knowledge-intensive sectors and solutions

...organisation and that includes Knowledge-Intensive Firms (KIP). This paper will discuss the HRM centric challenges and problems that will normally arise among the employees in KIPs, and importantly discuss how it can be solved, thus making the employees provide optimum productivity and thereby keep the operations of those firms, running in a smooth, well lubricated manner. Knowledge-intensive sector or Knowledge-Intensive Firms (KIPs) The concept of KIFs is apparently distinct from other organisational categories or organisations in other sectors. This is because in other traditional organisational categories, the...
10 Pages(2500 words)Essay

Epistemology: How do we know that we know something

...Epistemology: How do we know that we know something? How do we know that we know something? How do we separate our idea of believing something on knowing something? When we say we know something, does that mean we already have knowledge about it? How does knowledge differ from mere opinions and unjustified beliefs? Epistemology is the study of forms, nature, limits, and knowledge and its validity. It is more on developing a set of criterion for the evaluation of a person’s claim that he knows something...
3 Pages(750 words)Essay

How Do We Know What We Think We Know

Most of us get our daily news from a variety of sources. At one time, these sources were limited to perhaps one of three nightly news programs and/or one of a few available newspapers. Everyone essentially read or heard the same thing. Today, news is available everywhere, from serious news programs to satire comedy to internet web pages to Twitter text messages. What holds true for our general news also holds true for what we think of scientific news. New approaches, policies, and inventions are quickly reported on and then we're off to a new topic. If they've managed to capture our attention at all, we always have the option of Googling for them during the commercial breaks and are then at the mercy of the search engine spiders,...
7 Pages(1750 words)Essay

How Knowledge-Management Repositories are Used within Organizations

...? MANAGEMENT In this turbulent environment business is not only about distributing the products on the market and selling them to the customers. It is about distributing the right product to the right customer and also at the right time and place. However such precision can only be achieved when an organization has a sound data warehousing and storage systems. The report is also about how an organization gets benefitted by employing such practices into the operations. The essay will principally focus upon the data warehousing techniques of the organizations. Apart from that it will also give insights to the system of knowledge management within the...
4 Pages(1000 words)Essay

Leading in Knowledge Organizations

.... In preparation of leading others, knowledge employees can undertake extra efforts in learning how to influence or make others work to attain organizational goals. Leadership in traditional organizations is not about leading others to attain outcomes of value to them, unless it happens to be a by-product of the firm's goals. Nevertheless, unlike these organizations, knowledge organization leadership, or the art of leading knowledge organizations, is not about using employees as "means" to attain goals that are espoused by the leader or others in the organization but is about making all knowledge employees individually form their visions relating to the tasks that they are doing and then helping others to successfully replicate... Leading...
3 Pages(750 words)Essay

Empowering Knowledge in Organizations

.... In W. G. Chase (ed.), Visual information processing. New York: Academic Press. Cleveland, H. (1985). The Twilight of Hierarchy: Speculations on the Global Information Society. Public Administration Review, 45: 185-195. Davenport, T. H., & Prusak, L. (1998). Working Knowledge: How Organizations Manage What They Know. Boston: Harvard Business School Press. Drucker, P. (1994). The Age of Social Transformation. The Atlantic Monthly, 274(5): 53-70. Feigenbaum, E. A. (1989). What Hath Simon Wrought In D. Klahr & K. Kotovsky (eds.), Complex information processing: The impact of Herbert A. Simon (pp. 165-180). Hillsdale, NJ: Lawrence Erlbaum. Minsky, M. L., & Papert, S. (1974)....
12 Pages(3000 words)Assignment

How (knowledge workers) influences HRM in organizations today

...Running Head: The Influence of Knowledge Workers on HRM in Today’s Organizations. Department In the modern world of competition, human capital is one of the most critical factors behind organizational strategy and success. There is no doubt that maintaining employee teams whose personal and professional objectives align constituently with the organizations is the key to business success. Skills, training and knowledge are crucial factors in the attainment business goals; knowledge workers have emerged as a very influential part to the human resource management of modern organizations. It is therefore important to understand the role...
2 Pages(500 words)Assignment

Knowledge Intensive Firms and Knowledge Workers

...Knowledge Intensive Firms and Knowledge Workers: A Case of Southern Company Introduction Southern Company is an American electric public utility holding company. The headquarters is located in Atlanta, Georgia, in the Southern region of the United States. However, other offices are located in Birmingham, Alabama[Goo15]. Today, Southern Co. Operates as a public utility that not only constructs, owns, and acquires, but also manages asset generation such as projects on renewable energy. Furthermore, the company is one of the many that sell electricity to American consumers at affordable and market-oriented rates. All electricity is sold to on wholesale in the market under the regulation of FERC. Southern power continues to find... value of...
4 Pages(1000 words)Research Paper

Management Knowledge-Based Organizations

...the employees who participate in the initiation and implementation of projects. According to Durcikova et al. (2011, pp. 855), application of a free access approach in the management of knowledge works on the presumption that knowledge workers are expert individuals who know what information is available and can be searched thus managing the information themselves. In a common pool where the workers of the organization retrieve information relevant to their work practice, a free radical approach will demand that the experts in the projects equally submit their knowledge to the platform thus the ideas and the details of the projects will be availed to...
10 Pages(2500 words)Assignment

How Do We Know What We Know Quiz

...TOPIC: How Do We Know What We Know? The five social realities; traditions, media, expert ities, personal experience, and common sense can be used to study societies beliefs and their customs in the deeper way (Barkan, 2014). Tradition is a significant social reality that helps in understanding the way of living of different society. Tradition explains many their social tie, different clans and tribes within given societies. Expert authorities like government provide information on culture in statistical analysis. The information states have on their location, population and level of civilization. It helps in expounding cultural, economic and political life of different societies. When one...
2 Pages(500 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Know-How and Knowledge Intensive Organizations for FREE!

Contact Us