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What is Knowledge
Knowledge is a term that refers to one type of resources, respectively, inputs into the production process. Knowledge is usually divided into explicit and tacit knowledge.

“A manager is responsible for the application and performance of knowledge.”

Peter F. Drucker

Knowledge is a term that refers to one type of resources, respectively, inputs into the production process.

Ikujiro Nonaka and Hirotaka Takeuchi have created the following classification of knowledge, which is one of the most common:

  • Explicit knowledge - can be expressed in a formal language, it is easily transmitted to others, easily processed through information and communication technologies and it is stored in databases (roughly it can be identified with organizational capital)
  • Tacit knowledge - personal knowledge covered in an individual experience, including intangible factors such as personal beliefs, views and value systems, it is difficult to be expressed by formal language (difficult does not mean it cannot be expressed), before they are expressed, must be translated into words , models and numbers (roughly it can be identified with human capital and partly with social capital)

Management field focused on knowledge is knowledge management.

Related terms and methods:

Related management field:

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Last update: 14.11.2017

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Tacit knowledge - personal knowledge covered in an individual experience, including intangible factors such as personal beliefs, views and value systems, it is difficult to be expressed by formal language (difficult does not mean it cannot be expressed), before they are expressed, must be translated into words , models and numbers (roughly it can be identified with human capital and partly with social capital)melbourne office fitouts

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Knowledge is an abstract concept without any reference to the tangible world. It is a very powerful concept, yet it has no clear definition so far. From the Greek philosophers up to present experts in knowledge management, people tried to define knowledge but the results are still very fuzzy.
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An organized set of information that is easily identified, seized, and shared. It may be written or taped. It can be stored in books, libraries, patents, databases, reports, procedure manuals, regulations, removalists melbourne and more.

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