Explicit knowledge

Definition

Explicit knowledge refers to knowledge that is easily articulated, documented, and shared. This type of knowledge can be readily communicated through written documents, manuals, databases, and other forms of communication. Because it is structured and can be easily codified, explicit knowledge plays a crucial role in knowledge management across different borders.

5 Must Know Facts For Your Next Test

1. Explicit knowledge can be found in documents, reports, and databases, making it accessible for organizations to utilize effectively.
2. It is vital for creating standard operating procedures and best practices within multinational corporations to ensure consistency across different locations.
3. Explicit knowledge is easier to manage compared to tacit knowledge because it can be codified and stored in databases or shared through training materials.
4. In the context of multinational operations, explicit knowledge facilitates better communication and collaboration among teams across different countries.
5. Organizations that effectively harness explicit knowledge can enhance their competitive advantage by streamlining processes and improving decision-making.

Review Questions

• How does explicit knowledge differ from tacit knowledge in the context of multinational corporations?
  • Explicit knowledge differs from tacit knowledge in that it can be easily documented and shared through formal means like manuals and databases. In multinational corporations, explicit knowledge ensures consistency in operations across various locations by providing a common framework for practices and procedures. In contrast, tacit knowledge relies on personal experiences and insights that are often difficult to articulate, making it less transferable between individuals or teams.
• What role does explicit knowledge play in effective knowledge management strategies for global organizations?
  • Explicit knowledge is crucial in effective knowledge management strategies for global organizations as it allows for clear communication and understanding of processes across borders. By documenting best practices and operational guidelines, companies can ensure that all employees have access to the same information regardless of location. This structured approach not only aids in training new employees but also supports continuous improvement by providing a foundation for learning from past experiences.
• Evaluate the impact of explicit knowledge on innovation and competitive advantage for multinational companies operating in diverse markets.
  • Explicit knowledge significantly impacts innovation and competitive advantage for multinational companies by providing a solid foundation of information that can drive new ideas and improvements. By documenting successful strategies and practices, these companies can analyze what works well in different markets and adapt their approaches accordingly. This ability to leverage explicit knowledge fosters a culture of continuous learning and adaptation, enabling companies to respond effectively to diverse market conditions while maintaining a competitive edge.

Related terms

tacit knowledge: Tacit knowledge is the personal, context-specific knowledge gained from experience that is difficult to express or share with others.

knowledge management:

Knowledge management is the process of capturing, distributing, and effectively using knowledge within an organization or across borders.

knowledge transfer: Knowledge transfer is the process through which one unit or individual shares its knowledge with another, often critical for multinational organizations.