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How Effective is Second-Hand Knowledge Sharing vs First-Hand Experience - Research Paper Example

Knowledge can be in the form of second-hand knowledge or first-hand experience. Both second-hand knowledge and first-hand experience provide a lot of help to managers and employees. However, first-hand experience is considered somewhat more effective than the second-hand knowledge. In this paper, we will discuss how first-hand experience is more effective as compared to the second-hand knowledge for a project manager. First-hand experience is imperative for the success of a person. The reason is that first-hand experience makes a person aware of the ways to deal with real-life problems that may come in his/her life. If we talk about project managers, we can say that project managers have to deal with a number of issues while working on any particular project. They need to be skilled in resolving complex issues related to project management. Now, the point here is that whether second-hand knowledge is sufficient for a project manager to deal with complex issues or first-hand experience proves more effective. Researches reveal that first-hand experience is more effective for a project manager as he/she can deal with complex situations based on real experiences. Second-hand knowledge just tells the ways to resolve business issues. ...
Such knowledge is not always applicable to the ways that other people use to deal with personal or professional issues. However, second-hand knowledge sharing methods can prove effective for project managers as they make them aware of what other people had done

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to deal with project related issues. Second-hand knowledge sharing methods, such as assigning case studies and relating personal experiences are better than just reading the books because they are based on real-life experiences of different people. Through books, one can only get the knowledge about required skills and abilities to deal with project related issues. He/she can never learn the ways to apply those skills in real-life situations. On the other hand, through first-hand experience, a person can learn the ways and approaches based on his/her personality to take effective decisions on different project related issues. First-hand experience is effective because it leads to the applicable knowledge of self, as well as to the direct knowledge of others. One can use written knowledge in real-life situations provided that his/her personal approach of applying knowledge matches with that of the person who has shared his/her knowledge in some book or article. Although one cannot deny the importance of second-hand knowledge, but the fact is that first-hand experience provides a person with confidence and mental strength that one cannot get through second-hand knowledge. Today, the concept of using first-hand experiences is founding its base in almost every organization because of their effectiveness in dealing with business and global collaboration issues. The reason behind increase in the use of first-hand experiences is that they make people confident and convinced about their actions and
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[Your full name] [Instructor’s full name] April 18, 2012 How effective is Second-Hand Knowledge Sharing vs. First-Hand Experience? Knowledge is an asset, which plays a significant role in personal, as well as professional success of a person…
How Effective is Second-Hand Knowledge Sharing vs First-Hand Experience
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