Business Frameworks

Logical Business Systems Inc.  

       
          
   
 

Tacit vs. Transactional

 

  

Detailed Topics

 

Concepts

 

Frameworks

 

Bodies of Knowledge

 

Industry  based Perspectives

 

 

 

 

 

 

 

 

 

Tacit

One of Polanyi's famous aphorisms is: "We know more than we can tell." Tacit knowledge consists often of habits and culture that we do not recognize in ourselves. In the field of knowledge management the concept of tacit knowledge refers to a knowledge which is only known to you and hard to share with someone else, which is the opposite from the concept of explicit knowledge.

The tacit aspects of knowledge are those that cannot be codified, but can only be transmitted via training or gained through personal experience. Tacit knowledge has been described as “know-how” (as opposed to “know-what” [facts] and “know-why” [science]).


Transactional

A well-formed transaction is a series of operations that transition a system from one consistent state to another consistent state.  Our use of transactional systems is therefore usually defined as procedural frameworks that are the subjects pointed to by the contexts defined in the semantic web created by L4.


Benefits of Tacit enabled Frameworks

Tacit knowledge has been found to be a crucial input to the innovation process. A enterprise’s ability to innovate depends on its level of tacit knowledge of how to innovate (conduct research, develop prototypes of new products & processes, adapt these prototypes into models fit for mass-production) and of how to implement innovations into manufacturing, communications, transportation, etc.

Tacit knowledge may seem a simple idea but the implications are huge and far reaching – all sort of enormous technological and social mistakes have occurred because people push certain policies – technical or social have lacked the vital tacit knowledge – either leading to misguided and therefore doomed policies, or misguided implementation of a good policy so still leading to failure.

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.

  • Tacit knowledge is impossible to transmit through central media but it can be transmitted by lateral media. L4 promotes such a lateral media.

  • Tacit knowledge is embedded in human capital. This makes it valuable as a strategic advantage over competitors in terms of innovations, trade secrets, ideas and new technologies.

 


 

 

 

 

 

                             

 

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