Contact Us
Sign In / Sign Up for FREE
Go to advanced search...

Absorptive Capacity in Knowledge Management - Essay Example

Comments (0) Cite this document
This essay declares that organizations today are currently under intense competition. They have shifted to a knowledge-based world owing to the information revolution. However, firms cannot gain competitive advantage by simply having knowledge resources. …
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER93.8% of users find it useful
Absorptive Capacity in Knowledge Management
Read TextPreview

Extract of sample "Absorptive Capacity in Knowledge Management"

Download file to see previous pages From this paper it is clear that the final result of absorptive capacity is thus innovation and already performance. Absorptive capacity may be construed as a four-tiered concept. It requires acquisition, proceeded by assimilation followed by transformation and eventually exploitation (Smith et. al., 2005). Acquisition involves the process of obtaining knowledge from external sources. The organization needs to have mechanisms for identifying that knowledge first. In essence, the acquisition process should be related to their core operations. Assimilation ought to follow this process; here, firms must capitalize on their processes and routines in order to interpret, analyze as well as understand the external knowledge. Once assimilation has occurred, the company ought to combine current and assimilated knowledge into one platform through transformation. This may involve a modification for existing practices. Finally, exploitation needs to take place, where a company leverages on its transformed capabilities by placing them into their operations. Acquisition may be influenced by a number of variables. The intensity and speed of knowledge acquisition has an effect on the outlook.  ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Absorptive Capacity in Knowledge Management Essay”, n.d.)
Absorptive Capacity in Knowledge Management Essay. Retrieved from
(Absorptive Capacity in Knowledge Management Essay)
Absorptive Capacity in Knowledge Management Essay.
“Absorptive Capacity in Knowledge Management Essay”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Absorptive Capacity in Knowledge Management

Knowledge Management

...? Knowledge Management Introduction This paper will serve as an executive report to the senior management of Bobco and the aim is to shed some light on the dynamics, benefits, implementation, feasibility, and execution of knowledge management in the organization. Bobco is a banking company having many of the banks of its network in New York. It has been in the market for the past five decades with good and impressive figures. Recently, the company has been facing many competitive pressures from macro environmental factors that are political, social, legal, and technological. Furthermore, forces inside the industry, which include buyers, suppliers, new entrants, substitutes, and most importantly, rivalry in the industry. Therefore...
9 Pages(2250 words)Essay

Knowledge management

...? KNOWLEDGE MANAGEMENET …………………. College/ ………….. …………. Discuss the use of games and simulations in Knowledge Management? What techniques and technologies might be most important? Knowledge Management, one of the most significant interdisciplinary to HRM involves people, process and technology within an organization. Its fundamental objective is to create knowledge, share it or transfer among the people and use it for the benefits of the organization (Noe, 2002, p. 168). In creating, sharing and making use of it, gaming, simulation, calculations, data base and many other information-managing strategies have been found to be extremely important. Knowledge management theorists categorize tacit and explicit knowledge. Using simulation, graphs...
2 Pages(500 words)Essay

Operations Management: Tesco's Capacity Management

... avoiding congestion in these stores and secondly, the process helps in easing the accessibility of its different products for Tesco consumers. Moreover, the company also has hired a 32-member team who assists in the management of shelf goods. With increased customer footfall and limited space to accommodate them, it is highly important that the stores arrange for fast replenishment of their commodities within a short span of time. This saves the stores from confronting consumer wrath and keeping up to their names simultaneously. This process has been possible only on account of introducing online business within their domains. In addition to the management of increased need for building capacities, these processes have facilitated...
10 Pages(2500 words)Essay

Capacity Planning and Management

...?Capa Planning and Management Table of Contents Session A 3 Strategic Nature of the Facility Decisions 3 Balancing Supply And Demand 3 Role of Aggregate Planning 4 Material Requirements Planning and Enterprise Resource Planning 4 ERP Forming the Basis of Supply Chain Integration (SCI) 5 Section B 6 Benefits, Costs and Risks of Six Sigma Program 6 Integration of the Six Sigma with the Functional Areas 7 Role of Six Sigma in Corporate Strategy 8 References 9 Bibliography 11 Session A Strategic Nature of the Facility Decisions The facility decisions play a vital role in the businesses and tend to be the long-term capacity planning decisions. They tend to be strategic in nature since the decisions involved are quite complex and involves...
5 Pages(1250 words)Case Study

London Eye, Capacity Management

...? London Eye, Capa Management: forecasting demand and yield management London Eye, Capa Management: forecasting demand and yield management Executive summary British Airways London eye has a strategic plan to improve its operations to the level of a market leader in the UK. The company wants to increase its level of competition, which was eroded by market share; first, this report will analyze the company’s status in terms of its external and internal environment. The report will then focus on the recommendations that London eye should concentrate on to improve in its competitiveness. The recommendations include the use of advanced technology and people process strategies. The people process strategy explores the factors that lead...
8 Pages(2000 words)Coursework

Knowledge Management - managing knowledge

...UNDERSTANDING OF STRATEGY IN PRACTICE BY VIRTUE OF THE DIFFERENCE BETWEEN TACIT AND EXPLICT FORMS OF ORGANIZATIONAL KNOWLEDGE The modern day management is faced by many challenges and those in the helm of company's management are faced with many dilemmas when it comes to designing and implementing company strategy. Many managerial consultant firms are also faced with the same dilemma since their consultancy seems incomplete, inconsistent and contradictory to the outcomes. There is lack of coherence in the field of management and the problem seems to be growing day by day. According to Sanchez Ron (1997), organization management is a task that involves clear understanding of the organization and its components. Knowledge management...
8 Pages(2000 words)Essay

Knowledge Management

...Identify and self-assess your current research mindset and skills My current research mindset and skills are as Stuart Gold put in, rather ‘a mile wide and an inch deep’. I need to bring my perspective and focus on the research topic of Knowledge Management so that is ‘a mile deep and an inch wide’. Given below are some pointers on my research mindset and skills and ethical issues. Since I have been working with the Federal Government, I have a lot of practical knowledge and experience of field practices. However, what I need to develop is a good base of academic research methods, practices, method of writing, referencing and so on. This has become all the more important when I have to consider that my thesis would be focusing...
2 Pages(500 words)Essay

Capacity Management

...CAPA MANAGEMENT QUESTION Brewery or soda bottling company. The capa measure in thiscompany is the number of bottles of sodas produced per day. When the demand is high it will force the company to work extra hours to produce more sodas. (Dawei, 2009) Airline such as Southwest or Delta. The capacity measure here is the number of seats in the plane and the number of planes that are present. When the numbers are many, the management has to increase the number of flights or number of planes.The number of lanes and the customers served per given time may also be vital. Movie Theater. The capacity measure is the number of seats that is in the theater. This means the equivalent of the people it will accommodate.Hours opened is also vital here...
2 Pages(500 words)Assignment

Absorptive Capacity and Interpretation System's Impact

This paper outlines some of the threats posed by other competitors, the unpredictable future especially on the issue of cheap fuel. The assessment has been done using the SWOT analysis in comparison with the competitors. By the end of this paper, one will understand the appropriate measures the company can take to deal with the competition, threats, opportunities and the stagnant European market, which has seemingly remained impervious to Ford.
FORD is an automobile company based in the US states but operates in other countries where it manufactures various types of vehicles. Apart from owning various kinds of vehicles, the company has also bought some shares in other companies. For instance, Wilkins (2011) reported that Ford...
9 Pages(2250 words)Case Study

Operations Management: Tesco's Capacity Management

...Operations Management: Tesco's Capacity Management Table of Contents Introduction 3 Background Information 4 Company Strategies 5 Conclusion 9 References 11 Bibliography 11 House of Lords. (2008). Waste Reduction: 6th Report of Session 2007-08: Vol. 2 Evidence: House of Lords Paper 163-II Session 2007-08. USA: House of Lords. 12 Introduction Operations management is one of the most important aspects that any company must be concerned about while continuing with its business. It is a broad term surmounting the designing of products, producing them and finally transporting them to their final destination. In other words, the operations managers are held responsible for accomplishing the business process effectively and efficiently...
10 Pages(2500 words)Term Paper
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 Absorptive Capacity in Knowledge Management for FREE!

Contact Us