intuition in combination with their experiences of events (Holbech: 1999). Such type of
knowledge though cannot be apprehended easily by others, is the major driving force in
decision making. The explicit knowledge provides the hard data where as the tacit
knowledge helps to selects the options for decision-making.
2.6.2.4. Common Methods of Knowledge Management
To tape the power of knowledge for development purposes the organizations uses a
variety of techniques among these the two most popular methods listed by Holbeche
(1999) are:
- Sharing existing knowledge
- Encouraging innovation
Holbech further explains this as:
The more information is used, the more it develops and grows. One of the ways of
achieving this is by providing people with the conditions in which information
can be shared, and letting them work out the benefits for themselves. (1999: p.
424)Holbech has suggested that creating such conditions require to take up three main
activities which include; motivation for sharing knowledge, establishment of a proper
system for managing and storing information and encouraging people to use that
knowledge
. The existing knowledge is organized and converted into explicit knowledge that
could be easily accessible to every one in the organization so that whoever needs this
knowledge may be able to use it. It helps in broaden the knowledge base of the workers
that will help facilitate in performing their work. Holbech (1999) states that: