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  • Digg it UP - Creativity Management: the Value of Tacit Knowledge

    Investment Management
    In a business enterprise, finance is the connecting link of all the functional areas such as production, personnel and marketing, so the management of finance is vital to the smooth performance of the organization. The basic financial operations are investment, which deals with acquisition of fixed assets; financing, which deals with
    al culture, organizational structure and so forth. To optimize the quality of the idea pool and the implementation process, all the other elements of the framework must be managed effectively.

    Learn more…

    Download the MBA research, learn about this topic at http://www.creativity-management.com/

    You can also receive a regular, free newsletter by entering your email address at this site.

    Kal

    Think Right to Snack Right
    It's time to change your perception of snacking.Snacking can serve many purposes, but it is not limited to salty or sugary treats, is not an opportunity to overeat, is not an emotional pacifier and it is not something you pick on a whim.In order to reap the benefits of healthy snacking and become empowered to use it as a
    What do creativity managers do?

    Replace the word management with the word optimisation.

    That's what creativity managers do: they optimise the quality of the idea pool (creativity) and the implementation process (innovation).

    There are many methods of optimisation and the creativity leader must be aware of all of them, in other words, he or she must synthesise them for optimal effect.

    Areas [within creativity] that need managing include motivation, organisational culture, organisational structure, incremental versus radical effects and processes, knowledge mix, group structures, goals, process and valuation.

    Areas [within innovation] that need managing include idea selection, development / prototyping and the art of commercialisation.

    It is worth noting that 4000 good ideas result in 4 development programs, which in turn results in 1 winner.

    The value of tacit knowledge

    Knowledge can be categorized as tacit and explicit knowledge. Explicit knowledge is that which is easily coded: the directions to your home etc. Tacit knowledge is that which is not easily communicated, for example, the experiential knowledge of having engaged in a particular endeavor for some time.

    High rates of tacit knowledge will lead to higher creativity scores (the number of ideas produced, their diversity, their novelty and the frequency of their production).

    The above is one reason why diverse and novel group combinations are more effective (they are more easily able to frame break, be less path dependent and make linkages between different domains). In effect, they intellectually cross-pollinate easily. A group of only white, middle class, angle-saxon males (the make-up of many boardrooms) will reduce overall scores.

    However, this statement is made with some serious caveats: tacit knowledge does not rate over and above many other criteria for successful creativity management, for example, organizational culture, organizational structure and so forth. To optimize the quality of the idea pool and the implementation process, all the other elements of the framework must be managed effectively.

    Learn more…

    Download the MBA research, learn about this topic at http://www.creativity-management.com/

    You can also receive a regular, free newsletter by entering your email address at this site.

    Kal

    Internet Marketing Can Make You A Success
    When you are running a web business, there will come a time when internet marketing will make you or break you. Getting involved in internet marketing is important. In fact, it can mean the difference between your business being a large success or a raging failure. The following are some ideas on how you can market your business an
    l culture, organisational structure, incremental versus radical effects and processes, knowledge mix, group structures, goals, process and valuation.

    Areas [within innovation] that need managing include idea selection, development / prototyping and the art of commercialisation.

    It is worth noting that 4000 good ideas result in 4 development programs, which in turn results in 1 winner.

    The value of tacit knowledge

    Knowledge can be categorized as tacit and explicit knowledge. Explicit knowledge is that which is easily coded: the directions to your home etc. Tacit knowledge is that which is not easily communicated, for example, the experiential knowledge of having engaged in a particular endeavor for some time.

    High rates of tacit knowledge will lead to higher creativity scores (the number of ideas produced, their diversity, their novelty and the frequency of their production).

    The above is one reason why diverse and novel group combinations are more effective (they are more easily able to frame break, be less path dependent and make linkages between different domains). In effect, they intellectually cross-pollinate easily. A group of only white, middle class, angle-saxon males (the make-up of many boardrooms) will reduce overall scores.

    However, this statement is made with some serious caveats: tacit knowledge does not rate over and above many other criteria for successful creativity management, for example, organizational culture, organizational structure and so forth. To optimize the quality of the idea pool and the implementation process, all the other elements of the framework must be managed effectively.

    Learn more…

    Download the MBA research, learn about this topic at http://www.creativity-management.com/

    You can also receive a regular, free newsletter by entering your email address at this site.

    Kal

    Bad Credit Debt Consolidation Services
    If an individual can no longer handle his debt, a credit counselor can make an in depth study of his financial situation and suggest enrolling in a debt consolidation service or a debt management plan. In a debt consolidation service, the counselor negotiates with creditors for lower interest rates, waiver of fees and penalties and ba
    t knowledge. Explicit knowledge is that which is easily coded: the directions to your home etc. Tacit knowledge is that which is not easily communicated, for example, the experiential knowledge of having engaged in a particular endeavor for some time.

    High rates of tacit knowledge will lead to higher creativity scores (the number of ideas produced, their diversity, their novelty and the frequency of their production).

    The above is one reason why diverse and novel group combinations are more effective (they are more easily able to frame break, be less path dependent and make linkages between different domains). In effect, they intellectually cross-pollinate easily. A group of only white, middle class, angle-saxon males (the make-up of many boardrooms) will reduce overall scores.

    However, this statement is made with some serious caveats: tacit knowledge does not rate over and above many other criteria for successful creativity management, for example, organizational culture, organizational structure and so forth. To optimize the quality of the idea pool and the implementation process, all the other elements of the framework must be managed effectively.

    Learn more…

    Download the MBA research, learn about this topic at http://www.creativity-management.com/

    You can also receive a regular, free newsletter by entering your email address at this site.

    Kal

    Muhammad
    FAITH THAT MOVES MOUNTAINS:The Way of the Peaceful Warrior is a great book that would allow people to see how they can cause change. It is written by Dan Millman who brings us the following from another of his books that are all worth contemplation."On an otherwise ordinary day, an angel appeared to a young
    s are more effective (they are more easily able to frame break, be less path dependent and make linkages between different domains). In effect, they intellectually cross-pollinate easily. A group of only white, middle class, angle-saxon males (the make-up of many boardrooms) will reduce overall scores.

    However, this statement is made with some serious caveats: tacit knowledge does not rate over and above many other criteria for successful creativity management, for example, organizational culture, organizational structure and so forth. To optimize the quality of the idea pool and the implementation process, all the other elements of the framework must be managed effectively.

    Learn more…

    Download the MBA research, learn about this topic at http://www.creativity-management.com/

    You can also receive a regular, free newsletter by entering your email address at this site.

    Kal

    Advantages of Professional Drivers' Instruction
    Having a driver's license is one of the major status symbols among high school students and teenagers, in general. Aside from being a "coolness" asset, a driver's license also provides kids with a sense of independence by providing them with the right to drive on their own. Though most kids can't wait to get behind the wheel, some sch
    al culture, organizational structure and so forth. To optimize the quality of the idea pool and the implementation process, all the other elements of the framework must be managed effectively.

    Learn more…

    Download the MBA research, learn about this topic at http://www.creativity-management.com/

    You can also receive a regular, free newsletter by entering your email address at this site.

    Kal Bishop, MBA

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