Essay on Knowledge Creation, Sharing, Utilization, and Advantage

This essay delves into the resource-based view of competitive advantage, emphasizing the central role of knowledge creation, sharing, and utilization within organizations. Drawing on the views of Gupta and Dasgupta, the essay highlights how the dynamic business environment necessitates a focus on organizational capabilities and knowledge management to achieve a competitive edge. It explores the importance of fostering an environment that encourages innovation, learning, and the strategic application of human resources. The essay discusses how effective knowledge management practices, including communication and technology, facilitate the transfer of ideas, the adaptation to external changes, and the development of new products and services. It also examines the significance of organizational learning, innovation, and the role of leadership in promoting knowledge sharing and utilization for sustained success in a global marketplace. Finally, it underscores the importance of adaptability, resilience, and continuous improvement in leveraging knowledge for competitive advantage.

Running head: ESSAY 0
THEORIES OF MANAGEMENT
DECEMBER 20, 2019
STUDENT DETAILS:

ESSAY 1
As per the views of Gupta and Dasgupta, the requirements of the communities,
marketplace division as well as the globalization are changing on constant basis. In this situation,
it is essential for the entities to consider the structure for enhancing the competitive advantages.
In the present world, it is required by the unsettled atmosphere to make focus on the external
changes of the organisation. The turbulent surroundings also require being concerned for the
effects of the productivity. It can see that market division as well as globalization have also
strengthened a requirement to invent in the organizations as well as achievement of the
integration of diversity as well as heterogeneity in organisations. It is essential that the entities
are required to know as they develop for getting the competitive advantages over different
entities in the sector or similar industry. It is dynamic for the entities to make the atmosphere that
motivates the investigation, learning about modern concepts, practices, as well as techniques to
assess the individual presentation. The following parts discuss the extent to which the knowledge
formation, sharing as well as use of knowledge is central to the resources based views of the
competitive advantages.
The organisations should be devoted to enhance the presentation in the effective as well
as proper way. It can see that in knowledge management, the approaches of the entities should
raise the innovation and give contribution in transferring the ideas. It is evident that the strong
communication approaches are important for developing the understanding in the requirements
about the outer environmental pressure that affects the efficiency. Further, the organization
should know the necessary amendments in the atmosphere and about the effects on the inner
structure of the organisation, values, as well as the principles of the entity. Because of the short-

ESSAY 2
term products along with heightened technical advancements, the international competition has
created this difficult for the organization to adopt values as well as structure that encourage the
future progress of company. The entity’s illiteracy is in the incapability to unlearn long-standing
knowledgeable system, and to know about the modern system, and combine both the knowledge
systems by transferring data to launch the additional facilities, goods and make modern business
model. It can see that the capability of the entities to modify the approaches describes the
capability to make innovations by the strategically utilising human source as the knowledge
asset, which may render the effectiveness profitable advantages of the entity. For the
effectiveness and efficiency of the knowledge administration, the manager is require to make
innovations administration approaches as well as knowledge management practices to harness
knowledge for innovations. The human resources management along with Knowledge
management practices are significant for recurrent training of knowledge transferring the
atmosphere within entity. The implied as well as unambiguous knowledge must be administrated
in the manner that they drive administrative learnings that in turn supports the investigation in
the entity. It inspires the procedure of innovations. In this way, it encourages the leverage
competitiveness of an entity. Permitting the atmosphere to direct the entity’s knowledge
administration along with human resource management. It is required that innovativeness must
be done irrespective the achievement or let-down. It is also required to make additional lesson
that can create innovations for the entity.
It is stated by Gupta and Dasgupta that the formation of the knowledge is the creation of
additional understanding or knowledge within the co-operative atmosphere. It is described as the
markets, success, errors, goods, devices, procedures, as well as policies required to implement
what an entity considers in the efforts to attain tactic aims. It can also see that the knowledge

ESSAY 3
creation is based on certain factors including external factors and internal factors that may be
learning functions. The organizational self-motivated abilities are required by the knowledge
creation for dealing with the unsettled atmosphere that an entity runs within. The abilities of
entity are helpful in adapting as well as maintaining the competitive advantages. As per the
views of Kurtz and Varvak (2016), the ability approach to a manner the operations of entity aim
to know how much the competitive advantage may be continued in quickly modifying
framework. It is required to consider the sources along with abilities of the organisation in to
know about the significant changes in the atmosphere due to confusion, difficulty, or
unpredictability that originate from the outer atmosphere. It may also affect the development
prospective and existence of the organisation. In this way, the formation of knowledge makes the
inner atmosphere that nurtures the organizational suppleness that creates it simpler for the
organisation to follow the changes out of the entity. It is primary action to establishing dynamic
capabilities as well as resilience for the organisations (mainly SMEs).
Furthermore, the organizational knowledge is made by instructing the dialogues between
unspoken knowledge as well as unambiguous knowledge. It is required that the knowledge is
required to be managed in a proper way. It is determined by the knowledge that how dialogues
are made for creating the knowledge. Handling the implicit knowledge includes the
administration of different elements that give contribution towards the structure of company. It is
evident that the formation of additional or modern knowledge states the innovations within the
tempestuous environment that renders the modest advantages. For creating or developing the
new goods or amenities or advancing the present one, the organizational learning is required to
be amalgamated with knowledge administration for better preparing for upcoming commotion
in the atmosphere. The declaration of the new things is very helpful to enhance the effectiveness

ESSAY 4
as well as efficiency of the business. The main reason is that the successful declaration of new
things presents the survival’s sources in the antagonistic marketplace. The formation of
knowledge is considered as the procedure of learning for the organization. It is essential to make
focus on the process of the interaction with an environment as a manner of stating the
competitiveness by recognising the related data as well as making additional understanding from
this. The organizational structure, management, techniques, as well as principles are required to
encourage the strategic as well as effective utilisation of the organisational means so that this
may be able of handling the human sources for capturing the implicit knowledge as well as
advance the innovations for modest advantages (Nonaka & Toyama, 2015).
Additionally, the utilisation of the information technology can be proved helpful in
sharing the knowledge. It can be useful in improving the manners of the communication. The
devices for the knowledge administration of data sharing are hardware, database, software,
association tool along with smart tool. It is stated by Goldie (2016) that “the people who are
learning holders state the method to generate the innovation. Because of the individual
inventiveness, knowledge, as well as capabilities, this is possible to make modern creative
concepts that would render the entities to get the competitive advantages. This is conceivable
to state in the current corporations, it is significant to make concentration on the innovations. Just
5.5 per cent of the entities stated that they did not get the facet significant. Representatives of the
corporations also added that this was critical for them to invent as this was the requiring tasks as
well as they did not have the possibilities to employ (for economic reason) experts to assist for
dealing with this.”
Moreover, the knowledge sharing makes the competitive advantages that does not attack
the profitable margin, and organization has made focus on the technologies to influence the

ESSAY 5
affordability, for instance, the intensification of online shopping, online advertisement, as well as
DIY software application on free of cost (Langley, Wolstenholme & Cooke 2018). The inner
atmosphere of the organisation is required to have leadership, which fosters inventiveness,
innovations, multiplicity, and heterogeneity and permits the workers to explore and describe
issues along with resolutions. The management is required to render challenging task, help the
subordinate, and identify the efforts as the culture by the incentives to motivate the implied
knowledge sharing, as this is dynamic tool for teamwork to be positive and effective. Alpuche et.
al (2018) that “in a present international marketplace, the knowledge is reviewed as the mean of
competitive advantages” states it. For MNCs, this is significant that the properly utilise
their knowledge effectively and efficiently. They should facilitate the sharing of knowledge in
order to maximize the value from all available knowledge assets. MNCs utilise the Knowledge
Management System to give as well as share knowledge to help in the procedure of taking
decision. The knowledge is one of the main financial sources of the MNCs. It is also helpful in
succeeding internationally in the diverse world fuelled by political accuracy they require to
recognise, assess, make, grow, as well as share knowledge. In this way, the creativities that ease
the getting, coding, as well as transferring the knowledge in the organisational outcomes in a
well informed decisions taking procedure (Laeeque, Babar & Ahmad, 2017).
It is stated by Girard and Girard (2015) that the organizational learning may not be
separated from the knowledge management as well as innovation management. It is motivated by
commotion in the external atmosphere. Bogoviz (2017) also supports this opinion. Its can say
that environmental organization fitness is very significant because of the pressure from external
tempestuous environment. They would not fall short. The MNCs face the issues in the present
world of developing due to the billion dollars investment in the projects, such as Multi-choice

ESSAY 6
Digital Satellite Television. The development of the television or an overview of online
television as well as how it is the reasonable, supple manner of watching television that permits
the viewers to see what and when they require. However, the inner innovation this does not
assure the competitive advantages in the inflexible environment wherever the flexibility to make
change is not assured. The environment can be very entrenched in the specific culture. In this
way, it will not be easy to accept the changes in simple way. Henceforth, the environment is
regulate to govern the organizational innovations (Hansen & Andersen, 2017).
The knowledge is considered as well used only while the new lessons are managed
effectively, competently, as well as explicitly managed. It creates the innovations as well as
inventions in the new lessons. Gupta and Dasgupta that the procedure of the learning
organization alters the valuable concepts in the valuable new creations of the benefits state it.
The learning is dynamic in uncertain technologies as well as marketplace situations. This helps
in meeting the social economic challenges. The entity is required follow to change and work
collectively in order to make exclusive competency for the competitive advantages. The
knowledge utilization can risk an organization’s loss in profit margins, however, organizations
should be able to accept, recover from and learn from mistakes as a learning process. The
transferred values, principles, daily conduct, human-being capital, approaches, worker’s
motivation in the entity must be managed in the manner that motivates adaptive learning and
environment-organisation incorporation. Organization of task in the organisation, the boundary,
approach, order of reporting, processes, policies as well as relations are required to be adaptable
along with supple. The organisations are required to consider the outside changes
notwithstanding the organisational structure is formal, vital, or self-sufficiency (Sorensen &
Jensen, 2015).

ESSAY 7
Additionally, the use of knowledge can need that the entity alters the technologies, values
along with structure (Dasgupta & Gupta, 2009). The commotion in outer place like marketplace
segmentation, condensed product’s life period as well as altering requirements of the client or
customer over a period have made the inner atmosphere in the organisation that makes focus on
the attention upon sources as well as abilities for getting the competitive advantages (Donate &
de Pablo, 2015). The suppleness of organisation is the outcome of real, efficient, as well as
appropriate use of the knowledge. As long as organization cuts costs in production processes for
getting the profitable margin by establishing proper communication. The pre-determined
objectives as well as profit margins can be attained easily by the proper use of the utilizations. In
this way, the company have the whole competitive advantages. The main problem or issue of
entity is to cut the cost and still recognise the healthy profit. There are various outer elements
that affect the competitive advantages. These outer elements include unsettled atmosphere. This
unsettled atmosphere decide which type of knowledge is attained as well as transferred. The
unsettled atmosphere of the company also decides the utilisation process of the knowledge. It can
say that the use of knowledge makes the place for invention along with the organizational
changes (Vila, Cabrer & Pavía, 2015).
The unsettled, multi-valued, as well as rapid altering environment organisations run in the
21st century are determinant to know the reason of considering the sources as well as the abilities
as principle of getting the competitive advantages. The knowledge utilisation is considered as the
survival of an organisation. It is essential tool make the profits for the organization that run for
the individuals. It is also helpful in meeting the need of individuals. It also puts focus on the
cultural value of altering and advancing the life of people. The example of Econet Zimbabwe
(largest telecommunication service render) is important and relevant in this situation. It can see

ESSAY 8
that Econet Zimbabwe has made his survival because of the technical advancements along with
social responsibilities at the time of fulfilling the outstanding requirements in the atmosphere that
the individuals would be at that period. For an instance, the overview of rented Idea of the sale
machineries in the nation, which that is having the issues related to management. However, this
is based on the plastic money (Elmquist, Ollila & Yström, 2016).
Besides this, the structural agility is the competitive requirement, as entity is required to
expect basic shifting of the marketplace. The technologies are the fundamental elements of the
organizational agility. It is stated that the technologies are required to be utilised as the agents of
changes in utilisation as well as adoption of knowledge so that the organisation may utilise the
serious information. The inner obstacles stall agile alter the effort in company with the most
general barriers to enhanced business receptiveness being gentle decision-taking, differing
organisational objectives as well as priorities or risk opposed culture. The requirements as well
as satisfaction strategies are no more inert. In this way, the monopolized organisations are no
more getting the profits. In the free market atmosphere of the present world, the capability to
please the expectation of consumer is essential to the profitability. It is evident that the
requirements of the customer are fast altering and changeable. It is also stated by
Sweeney (2017) that behaviours are very complex towards the business success and for handling
the leadership in innovations. The agility means searching modern and substitute financial
resources and taking various forms for different operations based on the organizational structure,
philosophy, environmental philosophy as well as notions of the changing marketplaces
(Chatterjee, Pereira & Sarkar, 2018).
In addition, the use of knowledge as well as transferring knowledge are related to each
other in most of the sense. The entity that provides the knowledge sharing gets a chance to use

ESSAY 9
the knowledge as well as attain the competitive advantages. The belief as well as attitude in the
organisation determines how to transfer implied knowledge to be used in the unsettled
atmosphere of the company. The use of knowledge makes the environment of the formation of
new knowledge particularly while related to current knowledge along with innovation. On the
other hand, the environmental commotion can make focus on the sources along with ability of
entity to get the competitive advantages. In addition, certain organisations put focus on these
factors for leading in the procedure of innovation. These factors make the requirement in
atmosphere, which only they may get. This is also not essential that the organization innovates,
creates, shares along with utilises the new knowledge due to the modifications in the
environment. Even though, it is also required to put focus on these significant elements to get the
competitive values. In this way, this is not at all times because of the external elements.
As per the above analysis, it can be concluded that the organisations is required to
recognise the cultural distinctions, which influence the cost-effectiveness, competitiveness as
well as the efficiency. It is required that the entities should look for external atmosphere for
getting the competitive advantages in whole. The unbalanced, changeable tempestuous
marketplace along with environment of the organisations cannot be avoided. The organisations
are also required to put focus on the outer atmosphere if they so require to develop. It can see
that the entity may not remain inflexible in the business atmosphere of the world as this is the
atmosphere that needs springy, supple, innovative as well as creative structural culture. The
technologies can be considered as the great reason for the company to innovate the outside
competition mostly faced by the organizations face. It also pushes the cut manufacturing cost for
selling at the low cost. It also attracts the customer or client. It is also concluded that the
company is required to put focus on the means as well as abilities. The reason is that the

ESSAY 10
organisation has to be depended greatly on the knowledge as very significant commodity, which
renders the competitive advantages. In this way, the knowledge gaining or attainment, use as
well as transferrin is required to be handled by interrelating the inner along with outer
environment. Therefore, the outer atmosphere is required to be reviewed to make sure that the
means as well as the structural culture are able of adjusting along with following to the outer
push and pull for the competitive advantages of a company.

ESSAY 11
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360-370.

ESSAY 12
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ESSAY 13
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