Tacit knowledge: Tacit knowledge is generally imprecise and transformation cost is high. It is an accumulative store of the company experiences, expertise, trade secrets, understanding, insights, skill sets and learning. Tacit knowledge is extremely personal and unstructured and it is hard to validate. It includes the company culture, which replicates the past and present knowledges of the company people and processes and also the company normal values. Explicit knowledge: It is more rational, technical and objective type of knowledge. Explicit knowledge is a knowledge that has been organized in a form which can be distributed to others. An example of explicit knowledge is that an explanation of how to process a job application that is documented in a safe human properties policy manual. It is something that can really be shared with others via file and it would include goals and reports.

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Chapter 5.5, Problem 5.4.2ITA

Program Plan Intro

Tacit knowledge:

Tacit knowledge is generally imprecise and transformation cost is high.

It is an accumulative store of the company experiences, expertise, trade secrets, understanding, insights, skill sets and learning.

Tacit knowledge is extremely personal and unstructured and it is hard to validate.

It includes the company culture, which replicates the past and present knowledges of the company people and processes and also the company normal values.

Explicit knowledge:

It is more rational, technical and objective type of knowledge.

Explicit knowledge is a knowledge that has been organized in a form which can be distributed to others.

An example of explicit knowledge is that an explanation of how to process a job application that is documented in a safe human properties policy manual.

It is something that can really be shared with others via file and it would include goals and reports.

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