Knowledge-based innovation - Anand et al., 2007 - Ambiguity of Knowledge
4 important questions on Knowledge-based innovation - Anand et al., 2007 - Ambiguity of Knowledge
What three views have been established based on studies of change in knowledge-intensive firms, where they address the ambiguity (open to more than one interpretation) knowledge by focusing on the organisational elements in which knowledge inheres e.g. People, processes and systems?
- Importance of individuals' expertise and creation of policies that enable recruitment, development and retention of highly talented people;
- Importance of social processes by which knowledge comes to be recognised as useful and valuable in an organisational context;
- Importance of systems, such as codification routines by which innovative types of expertise can be appropriated.
What is implicit in all the approaches that have been recognised for the addressing of the ambiguity of knowledge in knowledge-based firms?
In terms of the management consulting firm in general, the actual reason why was chosen to research them in this paper, lies in several points. One of them refers to the relation between partners and their employees, what is said?
- The power distance between lower levels in the consultancy firm and partners i.e. Investment decisions at a distance
- Tendency towards organic growth (up-or-out)
- Consulting firms need to hedge market risk and diversify
- Colonisation tendencies further strengthen this
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What is the result of the different characteristics that are linked to management consulting?
The question on the page originate from the summary of the following study material:
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