Exploring Tacit Knowledge and Core Competence in Corporations: A Case Study

Abstract

This case study investigates the role of tacit knowledge and core competence within corporations, aiming to provide insights into the mechanisms underlying organizational success and competitive advantage. Tacit knowledge, which is often deeply rooted in individuals' experiences, skills, and insights, plays a crucial role in shaping organizational capabilities and innovation potential. Core competence, on the other hand, represents the unique set of skills, technologies, and capabilities that distinguish a company from its competitors and underpin its long-term competitive advantage. Through an in-depth examination of a selected corporation, this case study explores how tacit knowledge is acquired, shared, and leveraged within the organization to develop core competencies and drive strategic success. By analyzing specific practices, processes, and initiatives implemented by the corporation, the study identifies key factors contributing to the effective utilization of tacit knowledge and the development of core competence. The findings of this case study provide valuable insights and practical implications for managers, executives, and organizational leaders seeking to harness the power of tacit knowledge and core competence to enhance organizational performance and competitiveness in today's dynamic business environment.