2. Why would organisations want to convert tacit knowledge to explicit knowledge?
Organisations may want to convert tacit knowledge to explicit knowledge for several reasons:
1. Facilitating communication: Explicit knowledge is easily communicated and shared among employees, partners, and customers. By converting tacit knowledge into explicit knowledge, organisations can ensure that valuable information is easily accessible to all stakeholders.
2. Preserving knowledge: Tacit knowledge can be easily lost when employees leave the organisation or retire. Converting tacit knowledge into explicit knowledge helps to preserve valuable information and ensure that it is not lost when key individuals depart.
3. Enhancing decision-making: Explicit knowledge can be used to inform decision-making processes, improve problem-solving, and drive innovation within the organisation. By converting tacit knowledge into explicit knowledge, organisations can make better informed decisions based on data and facts.
4. Improving efficiency: Explicit knowledge can be documented, stored, and easily accessed by employees, reducing the time and effort required to locate information and solve problems. Converting tacit knowledge into explicit knowledge can therefore improve the efficiency and productivity of an organisation.
5. Enhancing learning and development: Explicit knowledge can be used to formalise training programs, onboarding processes, and knowledge sharing initiatives within the organisation. By converting tacit knowledge into explicit knowledge, organisations can facilitate learning and development opportunities for employees and enhance overall performance.