Integration of Knowledge Management and Dynamic Capabilities
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Present a written analysis of the arguments offered in the journal article about the link between the role of dynamic capabilities and the firm's abilities for knowledge management. How does the social and organisational context of learning help to provide an understanding of how learning plays an integrative role between knowledge management and dynamic capabilities? Do you agree with the views expressed in the article? Why or why not? Explain your answer with practical examples where possible. You are especially encouraged to include references which you may find in current contemporary media sources in support of your analysis
Source:
Dynamic Capabilities and Knowledge Management: an Integrative Role for Learning?*
by Mark Easterby-Smith and Isabel M. Prieto
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Solution Summary
Outlines the social and organizational context which help to provide an understanding of how learning plays an integrative role between knowledge management and dynamic capabilities
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How does the social and organizational context of learning help to provide an understanding of how learning plays an integrative role between knowledge management and dynamic capabilities? Do you agree with the views expressed in the article? Why or why not? Explain your answer with practical examples where possible.
Knowledge management has been increasingly recognized by firms as a means to have sustainable competitive advantage. Knowledge management allows managers to create, retain, transfer and use firm's explicit and tacit knowledge. On the contrary, dynamic capabilities view is based on renewal of resources to reconfigure them into new capabilities which are of importance to the organization. Researchers of both areas have recognized the interdependence between knowledge and dynamic capabilities. Dynamic capabilities can be facilitated by knowledge management and vice versa.
Dynamic capabilities draw their roots from resource based view of organization according to which each organization has different tangible and intangible resources and capabilities. ...
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