By Hubert Saint-Onge
How are you going to construct a winning group of perform that's integrally associated with your company's strategic imaginative and prescient? research from the first-hand event of Hubert Saint-Onge, well-known via Fortune journal as a pace-setter within the box of information capital, and co-author Debra Wallace, the folks chargeable for a contemporary undertaking to set up a neighborhood of perform for self sufficient brokers at Clarica lifestyles coverage corporation- voted essentially the most prominent wisdom organisations on this planet by way of practitioners and researchers. 'Leveraging groups of perform for Strategic virtue' combines conception and perform to stipulate a version for constructing profitable groups of perform and proposes a course for developing groups of perform as an essential component of the organizational constitution. Saint-Onge and Wallace relate what labored, what did not, and why as they inform the tale from inception via implementation to overview. no matter if you are constructing groups of perform or are looking to the best way to leverage latest groups for strategic achieve, this e-book provide you with every thing you want to release profitable groups of perform on your association. * Hubert Saint-Onge has been famous by way of Fortune journal as a pacesetter within the region of leveraging wisdom capital* Clarica has been voted essentially the most well-liked wisdom companies on the earth via practitioners and researchers* Combines concept and perform to stipulate a version for constructing profitable groups of perform
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Additional info for Leveraging Communities of Practice for Strategic Advantage
Intangible assets now represent the most important source of value creation—a substantial change from the industrial era when tangible assets played a more prominent role. However, the overall blueprint of today’s organization has, for the most part, been inherited from the industrial era, leaving organizations ill equipped to manage their intangible assets. At Clarica, we developed The Knowledge Capital Initiative to provide a new perspective for creating a knowledge-intensive organization where 10 LEVERAGING COMMUNITIES OF PRACTICE FOR STRATEGIC ADVANTAGE intangible assets are leveraged.
As a result, customers highly value an organization that enables them to enhance their own capabilities—an approach that also strengthens the relationship between the customer and the organization. To succeed, the organization must implement a multilevel strategy in which: Employees are encouraged to learn and increase individual capabilities. Increased capabilities are used to bring new solutions to the marketplace. The organization assists customers in increasing their own capabilities to effectively utilize the organization’s solutions.
Xv). In a nutshell, this statement summarizes knowledge management—a successful organization’s value (its competitive advantage based on its knowledge capital) is derived from its ability to learn (increase capabilities and create new knowledge) and apply what it knows (take effective action based on existing and new knowledge). Knowledge management, then, promotes a collaborative environment for identifying existing knowledge, creates the opportunities to generate new knowledge, and provides the tools and approaches needed to apply what the organization knows in its efforts to meet its strategic goals.