Knowledge, Innovation and Developing a Learning Culture Assignment

experience, Innovation and Developing a knowledge Culture - Assignment faceIt is in the maxim of knowledge related activities that the role of Human Resource Management has gained importance. It is being argued that Human Resource professionals have not done replete to evolve as strategic business partners. The role of HRM needs to be much more than that of Strategic partners (Ulrich cited by Barton and Aughton). Ulrich (cited by Hartel et.al) has presented a range of securities industry value drivers ranging from leadership credibility, strategic direction, and ability to create capacities. HR Managers are being increasingly asked to acknowledge and incorporate concepts like Knowledge, Innovation and a education Culture into their theory and practice. As of now, HRM lies at the starting of the Learning Curve and a lot more needs to be done. Knowledge, Innovation, and development of a Learning Culture lie at the heart of the change in HRM. We will briefly describe the three con cepts to bring out the common thread that weaves them. Knowledge Management and Other Key ConceptsHartel et.al refer to knowledge as a coalescing of human experiences with information to transform from a potential to practical set of ideas that direct into practice and yield competitive advantage. Hartel et.al a construct of tacit and explicit knowledge is further elaborated by Fahey and De Long (cited by Hartel et.al) as kind and structured knowledge. Social or tacit knowledge develops as notions mostly in informal settings and structured knowledge develop in the formalized settings of an organization. grain them as knowledge gives the know how to perform.