CHAPTER 2 Flashcards
Vancity
Canada’s largest community credit union
-doubled investment in learning & development
organizational learning
process of creating, sharing, diffusing, and applying knowledge in organizations
learning organization
org that creates, acquires, organizes, stars & retains information and knowledge
-uses new info to change behaviour to achieve goals & increase effectiveness
Senge’s 5 disciplines to becoming a learning organization
PBM ST
1) Personal mastery
2) Building a shared vision
3) Mental models -assumptions people have about themselves and the world
4) Team learning
5) Systems thinking
conference board of Canada’s 4 dimensions of a learning organization:
VCLK
1) vision
2) culture
3) learning dynamics & systems
4) knowledge mgmt & infrastructure
explicit knowledge
things you can buy or trade
- patents, copyrights, intellectual property
- less than 20% of corporate knowledge is explicit
tacit knowledge
learned from experience
- intuition -judgement
- almost impossible to transfer
- 80%
intellectual capital
HRRCS
org’s knowledge, experience, relationships, process discoveries, innovations, community influence
-knowledge of value - grows with use
-5 types: human, renewal, structural, relationship, customer
human capital
KSAOs of employees
renewal capital
intellectual property
structural capital
formal systems & informal relationships that allow employees to communicate, solve problems, and make decisions
-set of structures, routines, information systems that stay behind when employees go home (policies & procedures)
relationship capital
org’s relationship with suppliers, customers, competitors that influence how they do business
-source of competitive advantage
customer capital
value of org’s relationships with customers
knowledge mgmt
AIDRU
- knowledge acquisition
- knowledge interpretation (mental models)
- knowledge dissemination (knowledge sharing/hiding)
- 76% of employees withheld knowledge from co-workers
- knowledge retention
- knowledge utilization
communities of practice
groups of employees who share similar concerns and problems and meet regularly to share their experiences & knowledge, learn from each other & solve problems
-3 characteristics: domain, community, practice