Generate Organizational Wisdom
Abstract
In today’s information driven world ‘continuous learning and subsequent implementation’ is the only way to survive. This requires wisdom. Wisdom can be classified as a type of propositional knowledge that allows believing without sufficient evidence and not believing with sufficient evidence. Wisdom can be generated on successful coding of tacit knowledge. This will look for a learning organization. A learning organization can be termed as a system of network that has a lot of communication links for information exchange among its nodes or else parts.
Key Words: Tacit Knowledge, Wisdom, Social Learning Cycle, Core Competence, and Learning Organization.
The paper titled Generate Organizational Wisdom to Survive in Market Turbulence is published in National Seminar on “Management Challenges – The Road Ahead” on 2005, at Department of Management Studies, Indian School of Mines, Dhanbad – 826 004.